Ontario Racing (OR) will host its fifth scheduled in-person consultation on Wednesday, Nov. 16 regarding a proposed long-term funding framework for horse racing in the province.
This framework, subject to government approval, will be presented to the industry for feedback. If approved, this framework will provide the industry as a whole – from owners, trainers and breeders to racetrack operators – with the certainty they need to make investments in their businesses.
OR’s primary objective, to this point, has been to engage directly with the Ontario Lottery and Gaming Corp. and the government to provide input to the development of a road map to sustainable funding for the industry. Now, OR’s focus will shift towards engagement with the industry as a whole to garner feedback on this proposed framework.
This proposed framework is based on key principles including:
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A new racetrack alliance: all Ontario racetracks that conduct live racing will be invited to create a new alliance. It is proposed that Woodbine Entertainment Group (WEG) will serve as the administrator of this new alliance.
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Longer-term, predictable funding: Ontario’s horseracing industry can invest in their businesses beyond 2021.
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Ongoing accountability and transparency: decision-making based on evidence and agreed upon success indicators.
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Industry leadership: racetrack business plans, race dates, purse levels will be aligned across racetracks for a coordinated approach. Ontario Racing will play a key industry leadership role in the future.
Next steps include widespread ‘in person’ conversations with the industry about these principles, across Ontario. Sessions will take place in every region of the province that has horse racing. The following consultation schedule has been updated. (dates subject to change)
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Wednesday, November 16 - 5:00 p.m. - 7:00 p.m. - Ottawa (Rideau Carleton Raceway)
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Saturday, November 19 - 1:00 p.m. - 3:00 p.m. - Port Perry (Golfer's Dream Golf Club, Scugog)
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Tuesday, November 22 - 2:00 p.m. - 4:00 p.m. - Milton (Gambrel Barn, Country Heritage Park)
The four previous sessions transpired in Toronto, Dundas, Sarnia and London.
Ontario Racing encourages all interested parties to submit their feedback about the future of the industry by accessing its online consultation portal here. The portal includes a series of questions and the option to attach a word document, for those who would like to share additional thoughts. The proposed long-term funding framework was outlined in a webinar, hosted on October 19, and can be viewed here.
Ontario Racing will collate feedback from the industry, and this perspective will inform recommendations to government.
(With files from Ontario Racing)