History
CODA was formed in 1956 with the aim of bringing the Winter Olympic Games to Calgary. It bid for both the 1964 and 1968 games, losing to Innsbruck, Austria and Grenoble, France, respectively. Aided by Peter Lougheed, CODA made a third bid for the 1972 games. The effort appeared to be a sure winner before environmentalists protested Calgary's bid, arguing that the games would cause irreparable damage to Banff National Park. Calgary once again lost, finishing second to Sapporo, Japan. CODA became dormant following the 1966 vote.
In 1979, CODA was resurrected as Calgary began its fourth attempt, initiating a bid for the 1988 games. Led by chairman Frank King, and relying on thousands of volunteers, CODA spent four years attempting to woo support, attending every major sporting event it could to sell International Olympic Committee (IOC) members on Calgary. Calgary faced strong bids from Falun–Åre, Sweden and Cortina d'Ampezzo, Italy, the latter bidder pressuring the IOC to "punish" the Calgary bid for Canada's boycott of the 1980 Summer Olympics in Moscow. Calgary nonetheless won the bid at a vote held in Baden Baden, West Germany on September 30, 1981.
CODA gave way to the Calgary Olympic Committee (Olympiques Calgary Olympics '88, or OCO '88), which organized the games themselves. The Calgary games generated a C$90 million profit, of which $70.5 million was created into an endowment fund for CODA to maintain and operate the Olympic facilities following the games. Today, that fund has grown to $185 million. The Toronto Star challenged the claim of profitability in 1999 following Toronto's failed bid for the 1996 Summer Olympics, claiming that $461 million in government spending was not accounted for in the final figures.
With the completion of the games, CODA rededicated itself to maintaining the facilities left in the legacy of the games, and in developing Canada's Olympic athletes. CODA is credited with contributing to Canada's dramatic improvement at the Winter Olympics, as the nation has seen an increase in podium finishes in every games since Calgary, growing to 26 medals at the 2010 Winter Games from just five at Calgary.
On January 23, 2009, CODA became the Canadian Winter Sport Institute, the first such institution in Canada.
Read more about this topic: Canadian Winter Sport Institute
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“There is a history in all men’s lives,
Figuring the natures of the times deceased,
The which observed, a man may prophesy,
With a near aim, of the main chance of things
As yet not come to life.”
—William Shakespeare (1564–1616)