Here's a very late ID for this track. It's an excerpt from the music Montreal jazz musician and composer Vic Vogel did for the 1976 Olympics in Montreal. You can hear the section used start at 50 seconds into the following video. It's 'Ballet "Homage To The Athletes", Rock Movement.'
Canadian viewers of a certain age will be familiar with the opening as the theme to the
CTV National News, used for years in the 1980s. Here's a typical example, featuring Lloyd Robertson.
(Yes, Lloyd Robertson was the inspiration for the
SCTV character Floyd Robertson. But he never dressed up as a vampire to host a cheesy monster movie show.)