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:
Bill Mott worked his Derby and Oaks horses together while other starters will be eyeing preps this weekend, depending on the weather.
The 49th Sovereign Awards was a smash success and a big night for Mark Casse and his trainees who took home many awards.
C2 Racing Stable, owners of superstar horse White Abarrio, will have a few horses with Martin Drexler and Saffie Joseph at Woodbine.
Opening weekend at Woodbine, April 27 and 28, has two sprint stakes and the entrants could be exciting three-year-olds.
