Player fees intended for emergency medical and dental coverage have been used to insulate Hockey Canada’s top officials from liability, the documents suggest
The Health Benefit Trust appears to have been used in a different way, with Hockey Canada diverting funds from money it collected for medical and dental coverage to top up insurance against lawsuits for directors and officers.
The trust is set up for players who don’t have supplemental insurance to cover dental or physiotherapy costs. Though registrants across Canada, from as young as beginner Timbits Hockey to senior leagues, are told that they’re paying into a trust, it appears Hockey Canada only considers it one in name.
That such large funds have few controls placed on them, and are used for multiple undisclosed purposes is a concern. “The usual regulatory oversight for how these funds are accumulated, how they are expended and how they are maintained is absent when it comes to the management of Hockey Canada’s National Equity Fund and Health Benefits Fund. This means that Hockey Canada has been able to charge members a specific amount for insurance, but divert part of that money into these funds,” Mr. Conway said in the interview.
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