Of course, they may suck in the Olympics due to my Maple Syrup Theory of Canadian failure. This theory states that Canadian athletes are subconsciously driven to go for third place due to the resemblance between the bronze medals and maple syrup. This theory also takes into account that Canadians who actually manage to win a gold or silver soon slop maple syrup over it anyway, so all the Canadian medals look bronze by the time they get back to Canada.
The average Canadian is thus unaware that there are any other Olympic medals other than bronze. This may explain why they think they are in 12th place when 31 other countries have more gold medals than they do.
Here we see a prime example of a Canadian swimmer tasting his bronze medal in the mistaken assumption that it is maple syrup flavored.