Premier Kathleen Wynne is expected to announce, on March 31st, that she will increase funding to the Ontario horse racing industry from $400 million promised last fall, to $500 million, over the next five years.
Reportedly, the additional funds are intended to help breeders and are earmarked for regional tracks in Fort Erie, Ottawa and Windsor, among other locations.
This plan, set forth by the Horse Racing Industry Transition Panel, made up of former ministers John Wilkinson, John Snobelen and Elmer Buchanan, is subject to review in 2017.
Read the Toronto Star article for more information and stay tuned for updates.
More from Canadian Thoroughbred:
With stakes races on tap almost each weekend at Woodbine, it is important to revisit some of the famous horses who have won these events.
The Canadian champion has found a cozy spot to strut his stuff in Churchill Downs' Grade 3 turf stakes race worth $300,000.
The popular chestnut gelding, bred in Ontario by Richard Lister, has been retired by Eight Star Racing Stable and Vito Armata.
In a milestone event, the CTHS Ontario has launched its first digital sale with 60 mares, yearlings, weanlings and more up for bids.
