Madam Speaker, Mosaic Stadium in Regina, home of the Saskatchewan Roughriders, sat vacant through 2020, empty of fans and their beloved players during the pandemic. It is my hope that some day in the not-too-distant future, Rider Nation will once again gather safely, sit shoulder to shoulder and cheer on the green and white as they pummel the Winnipeg Blue Bombers or any other inferior team. To get to that future moment in the bleachers under a bright blue prairie sky, the teams of the Canadian Football League are going to need sources of revenue, the lack of which led to the cancellation of last year's football season. That is why I am pleased to speak in favour of Bill C-218, the safe and regulated sports betting act.
Many of the merits of this bill have already been explained in detail in the House by my friend and colleague, the hon. member for Saskatoon—Grasswood. One of the most persuasive arguments in favour of Bill C-218 is the good that could be done if the $14 billion in revenue generated every year in Canada by single-game sports betting were redirected from underground or offshore entities to lawful distribution in Canada.
Currently, as the member for Saskatoon—Grasswood has pointed out, the governments of Saskatchewan and other provinces take revenues from lottery ticket programs such as Sport Select and Pro-Line to help fund amateur sports and other community activities. These gambling services, known as parlay betting, require bettors to place wagers on multiple sporting events.
For example, if I want to bet on the Saskatchewan Roughriders to beat the Winnipeg Blue Bombers, I cannot bet on just that one game. I also have to bet on one or two other games that I may not be interested in watching, and if I do not pick those other games correctly no payout is made. I can inform the House from personal experience just how annoying and frustrating that can be. Even with these limitations, parlay betting generates approximately $500 million in revenue in Canada every year.
Let us consider the $500 million generated annually by parlay betting, and then think about the $14 billion generated annually by single-game sports betting in Canada. What could be done with that extra $14 billion? One institution that could benefit from the extra revenue is the Canadian Football League and its nine member teams. If the CFL incurs all the costs of putting on the games that people are going to be betting on, it seems reasonable that the league and its teams would want to negotiate some sort of revenue-sharing agreement with their provincial governments for some of the revenues generated from single-game sports betting.
The Canadian Football League and its predecessors have been part of Canadian culture for almost as long as confederation, with the Canadian Rugby Football Union having been founded in 1884. The Grey Cup trophy has been around for over a century, having been donated by Governor General Earl Grey in 1909. Since then, this trophy has been presented every November to the winner of the championship Grey Cup game, with the only interruptions being for World War I, the Spanish flu pandemic, and the current pandemic, which cancelled last year's football season.
On a personal note, one of my fondest childhood memories is of watching the 1989 Grey Cup game on TV in my parents' basement with my older brother and the neighbour kids as the Saskatchewan Roughriders beat the Hamilton Tiger-Cats in the newly opened Toronto SkyDome. I apologize to any members from Hamilton if that brought back some bad memories.
As we come out of the pandemic, many Canadians, including me, would like to see life get back to normal. That includes seeing the Canadian Football League play the 2021 season. I would like to remind the House that another option to enable the CFL to play this season is simply to provide it with a massive taxpayer subsidy. In fact, this is exactly what the league was asking for last spring: anywhere from $30 million to $150 million.
I cannot help but think that it would be nice if we could have our cake and eat it too. It would be nice if we could save this great Canadian institution without being a burden to taxpayers. I believe that decriminalizing single-game sports betting would allow the Canadian Football League the opportunity to do exactly that.
I would like to now discuss how Bill C-218, once passed into law, could create a voluntary source of revenue to help the Canadian Football League, its member teams and other organizations recover from the major economic disruption of the pandemic.
Quite simply, many organizations, including some professional sports teams, had already negotiated revenue-sharing agreements in the past with their provincial governments for parlay betting, such as Pro-Line and Sport Select. If single-game sports betting were to be decriminalized and regulated by provincial governments, it would present a real opportunity for the Canadian Football League and its member teams to negotiate future revenue-sharing agreements for the revenues generated from single-game sports betting.
If such a framework had been in place prior to the pandemic, then perhaps last year's CFL season could have been saved. The problem faced last year by the Canadian Football League is that its business model depends on gate-driven revenues, such as ticket sales, concessions and parking. Other sources of revenue, such as TV contracts and merchandise, are just not enough to make the league economically viable.
This is why the 2020 season was cancelled, and this is why the 2021 season is in jeopardy. However, if single-game sports better were legal in this country, and if the CFL had revenue-sharing agreements in place with their provincial governments, then this long-standing Canadian institution could be on stronger financial footing to come out of the pandemic and once again be economically viable.
The Canadian Football League is a benefit to many Canadians, over and above the players and fans. Every team at every stadium needs hundreds of workers to bring each game to life. I ask members to think of them all. Food and beverage vendors, security guards, tour bus and motorcoach operators, sports broadcasters, and camera operators all have a role to play in creating the contest on the field, the TVs and the tablets of fans all across the country.
I sincerely hope we will get out of this current pandemic as soon as possible, without a third or fourth wave. I would also like for there to be no more pandemics in the future. Then we can all get on with our lives, and there would be no need for the CFL to ask the federal government for a taxpayer-funded bailout to save the season or the league. If parliamentarians agree to pass Bill C-218 into law, then provincial legitimization of that $14 billion in annual gaming revenues could help improve the lives not just of the players and fans of the Canadian Football League but also those who are involved in other sports, cultural and community organizations across the country, as these revenues would be distributed legally under various provincially regulated frameworks.
In conclusion, I would like to thank my friend and colleague, the hon. member for Saskatoon—Grasswood for sponsoring this bill. Finally, if Bill C-218 is passed into law, I will bet $50 that the Saskatchewan Roughriders win the Grey Cup this year.