The report reviewing the "Targeted Excellence" by "Owning the Podium" approach to funding Olympic sports was released in the summer of 2017 and recommended significant tweaks to the way funding works. It also recommended more coordination between funding groups. Even if these changes are implemented it will take time to see to what extent they affect results in the Olympics.

The Department of Canadian Heritage, with Sport Canada under its umbrella, released a report Thursday from its review of “targeted excellence,” a system established over a decade ago that doles out money based on the ability to win medals. ...
While the report concluded that approach produces medals, half the Olympic athletes surveyed said how it is administered “needs a major re-think and revisions.” ...

An athlete whose sport was defunded said in the report losing the funds was like getting “bombed back to the stone age.” Athletes who didn’t receive targeted funding felt left behind.
The most extreme example is the national skeleton team, which got $3.5 million in the quadrennial prior to 2014, but has received $386,000 in the first three years of this cycle. ...
The report suggests a funding commitment of more than one year would allow sport federations to create a more stable environment for their athletes.
“One of the things we heard loud and clear from athletes is they feel responsible for the financial sustainability of their organization,” Qualtrough said. So ‘I’m going into worlds next week and my performance will have an impact on whether my coach has a job in six months. That deters from performance. It’s just not fair and it’s not healthy. I’m hoping to relieve some of that pressure off athletes by giving the kind of multi-year approach to funding that they can know if they have an off-day, or regardless of their effort someone is better, their coaches still have a job in six months.” ...
“In Canada, it’s not clear who is the high-performance leader,” it said.


Canada has many decision-makers compared to the United States where the U.S. Olympic Committee oversees the entire high performance sports system.
Sport Canada administers a $130-million envelope of money that includes athletes’ carding money and funds to host international events. The Canadian Olympic Committee brings millions of dollars of corporate sponsorship into the system and bills itself as the largest private-sector funder of sport in this country. The Canadian Paralympic Committee and the network of sport institutes across the country are also big players.
“We could benefit very much from everyone knowing clearly where the buck stops,” Qualtrough said. Imagine if we all knew very clearly what our roles and responsibilities were and if we could all focus on those things exceptionally, we would have a world-class sport system in this country.”
http://nationalpost.com/sports/olymp...d-paralympians