The pandemic has been a challenge. The National Bank Open tennis tournament remains Tennis Canada’s major source of funding, and the men’s and women’s events were both canceled last year, leading to a deficit of 8 million Canadian dollars, according to Downey.
“That is a lot of money to a small federation,” Downey said. “We didn’t have the kind of reserves to manage us through that kind of loss.”
There were layoffs and major cutbacks in the player development program, and the federation took out a loan of 20 million Canadian dollars. But the National Bank Open was staged this year with limited attendance, and Downey said Tennis Canada will make a profit this year.
“That will make it an easier road for us to 2022 and 2023,” he said. “But at the end of the day, part of the reason we’re doing better financially is we haven’t been investing in tennis development. We’re only spending at 40 percent of what we normally spend, and we really want to ratchet it back up.”
Downey, like the Canadian players, is well aware that this is a breakthrough moment for tennis in Canada, one that it is important not to squander.
A sign of the times is that while this is the first year that Canada has had two U.S. Open singles semifinalists, this is the first time that the United States, the traditional tennis powerhouse, did not even have a quarterfinalist in singles.
“Who could ever have imagined that?” Bruneau said.
David Waldstein and Ben Rothenberg contributed reporting