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Capital Power Signs Memorandum of Understanding to Invest CA$5 Million in Winter Sports

Capital Power Signs Memorandum of Understanding to Invest CA$5 Million in Winter Sports

MT newswireMT newswire2026/09/14 09:44
05:44 AM EDT, 09/14/2026 (MT Newswires) -- Capital Power (CPX.TO) and Alpine Canada signed a memorandum of understanding for the development of Canadian winter sports, under which Capital Power proposed to invest CA$5 million in the first year of the partnership, the company said Friday. The investment would support the modernization of operations as well as athlete pathways, coaching, national training centers and other initiatives across alpine, para-alpine and ski cross. The partnership is expected to improve accessibility to skiing and support Canada's National Ski Team on the World Cup circuit, at World Championships and at the Olympic and Paralympic Winter Games. The funding will eliminate all team fees.
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