Eli Ridder | Report
The Ontario government on Thursday announced that $10 million a year will go towards horse racing industry programs that will support breeding and development so the community can create and protect employment.
The funding made via the Horse Improvement Program will be administered by Ontario Racing, replacing the previous “Enhanced Horse Improvement Program”, a statement from the government said.
“Our horse racing sector plays a vital role in our rural communities and is an important part of Ontario’s heritage. This investment will help support Ontario’s breeders and horsepeople, and ensure the province’s horse racing community is open for business, and can create and protect jobs,” said Finance Minister Vic Fedeli.
The spending comes as cuts are made across education, healthcare and welfare programs by the Progressive Conservative government under Premier Doug Ford.
The Avro Post has reached out for comment from Woodbine Racetrack, whose parent company is the largest operator of horseracing in the country and makes up over 10 per cent of jobs in the Rexdale area of Toronto, according to a city document in 2015.
Image of horse racing from Pexels files.