at the time, no law specified which level of government would have jurisdiction over the operation of games of chance. for this reason, the government of canada created a lottery in 1972 to finance the 1976 summer olympics to be held in montreal. in 1976, that organization became known as loto-canada. however, due to sustained pressure by the provinces, loto-canada was dissolved in 1979, and the management and operation of games of chance fell under provincial jurisdiction. provinces are however required to transfer a part of their lottery profits to the federal government. in 2006, this transfer amounted to c$14.1 million.