Section 31 of Canada's income tax act restricts the amount a racehorse owner can write off to a maximum of $17,500.
The Julia Carey trainee won the Frost King Stakes, becoming the first stakes winner for his young sire Collusion Illusion.
Many of the world's top-rated horses will be competing at the 16th annual British Champions Day at Ascot on Saturday.
A Bill Tharrenos pair is set for the Frost King Stakes, as Stunningly Perfect flows into the South Ocean Stakes in top form.
The top-rated horse in the world may meet a very heavy course at Royal Randwick in Australia as he goes for another in 'The Everest'.
Jerry Gourneau, Henry Witt Jr. and Antonio Whitehall all repeated as champions in their divisions at the Winnipeg meeting.
Brachetto seeks more graded stakes glory, while Creed’s Gold and Charmingly Evasive are both looking to make statements.
Fast filly Lamirada, an impressive debut winner, bounced back and won her first stakes race when she romped in Sunday's Glorious Song.
Ontario-bred son of Nyquist is two-for-two this year for D.J. Stable and trainer Mark Casse after a romp in the Display Stakes.
After a long road to recovery from injury, Emma-Jayne Wilson is winning again, overcoming significant hurdles along the way.