The Liberal government has announced the establishment of a $50-million fund which will serve to help the Ontario racing industry transition from the profit sharing slots at racetracks program to self-sufficient, sustainable business model, over the next three years.

In cooperation with OMAFRA (Ontario Ministry of Agriculture, Food and Rural Affairs), the government has formed a panel of three former cabinet members, who will consult with industry members to develop a vision for the future; make recommendations on how to allocate funds; and advise on the modernization of other industry revenue sources.

The Ontario Horse Racing Industry Association (OHRIA) has worked tirelessly to initiative communication with the government and help them understand the needs of the industry. “We are encouraged that the government has put OMAFRA on point to hold these discussions that are long overdue,” said Sue Leslie, president of OHRIA. “We take this as an indication that the government is recognizing the value that our industry brings to Ontario’s agricultural economy and to the public in general.”

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