Ontario is delivering on its commitment to implement the Horse Racing Partnership Plan, which comes into effect April 1.
The province's enhanced five-year plan will provide up to $500 million to support its world-class horse racing industry and includes:
- Increasing purses and race dates across the province
- Enhancing support for the province's racehorse breeders
- Integrating horse racing into the Ontario Lottery and Gaming Corporation's Modernization Plan
- Encouraging the creation of an alliance of innovative, leading standardbred tracks
- Increasing operational support for regional tracks
The plan is providing the horse racing industry with the tools to develop new sources of revenue and to build business relationships that will support a sustainable industry in Ontario.
Strengthening and supporting the province's horse racing industry is part of the Ontario government's economic plan that is creating jobs for today and tomorrow. The comprehensive plan and its six priorities focus on Ontario's greatest strengths -- its people and strategic partnerships.
Source: OMAFRA