Posted on 09/05/08
Canadian sports revenue rose to $2.2-billion in '06
Canada's sports businesses enjoyed a banner year in 2006, raking in revenue of $2.2-billion, Statistics Canada says in its first report on the industry. That's an increase of more than $600-million from the previous year. And although the federal agency has not produced the numbers for 2007 yet, it's a safe bet they will be even larger, thanks to the stronger dollar, better financial performance of most NHL clubs and the successful return of professional soccer to Toronto.
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