Ontario Racing’s Thoroughbred Improvement Program’s (TIP) Mare Purchase Program (MPP) is back in time for the upcoming breeding stock sales, with a total budget of $800,000.
The MPP provides Ontario residents who purchase an in-foal mare at a recognized public auction outside of Ontario, a rebate of 50 per cent of the purchase price up to $25,000 CAD. There is a maximum distribution of $75,000 CAD for any one individual, partnership, corporation or other ownership group.
The MPP is operated on a first come, first served basis, and in order to qualify for the program, participants must provide specific documents as part of their application.