"The Power of the Dream" was written and produced by David Foster, Linda Thompson, and Babyface for the opening ceremony of the 1996 Summer Olympics. Dion performed it in front of more than 100,000 people, in addition to over three and a half billion television viewers. She gave away the money she received for the occasion, to support Canadian athletes.

The music video shows Céline Dion performing the song during the opening ceremony of the 1996 Summer Olympics with David Foster on the piano, accompanied by the Atlanta Symphony Orchestra and the Centennial Choir (Morehouse College Glee Club, Spelman College Glee Club and the Atlanta Symphony Orchestra Chorus).

The single peaked at number 30 on the Oricon Singles Chart in Japan and was certified gold (75,000 copies sold). Although it was not released in other countries, many radio stations all over the world played "The Power of the Dream" and it even charted on some airplay charts.

The song was included on the limited editions of the Falling into You album in Asia and Australia. "The Power of the Dream" was also a B-side of "Because You Loved Me", "It's All Coming Back to Me Now", and "All by Myself" singles. It became available worldwide on Dion's 2000 compilation The Collector's Series, Volume One. In 2008, the song was included on the U.S. version of My Love: Essential Collection.

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