ORC Moves To Ministry Of Finance

Published: July 9, 2009 04:18 pm EDT

Chair Rod Seiling announced that the Government of Ontario has moved ministry responsibility for the Ontario Racing Commission (ORC) from the Ministry of Energy and Infrastructure, to the Ministry of Finance

. The Government also added the Ontario Lottery and Gaming Corporation (OLG) to this ministry’s mandate, which includes responsibility for other agencies and corporations such as the Ontario Securities Commission and the LCBO.

As noted in a memo to ministry staff, the move is intended to help the Ministry of Finance deliver on its mission to promote a dynamic, innovative and growing economy and to manage the fiscal, financial and related regulatory affairs of the Province of Ontario.

“The ORC is committed to working with its new ministry partners,” said Seiling. “We will do our utmost to ensure that the transition is seamless, so that the effective and diligent regulation of horse racing in Ontario can continue.”

As the crown agency responsible for horse racing, the ORC operates on three guiding principles: the protection of the health and welfare of the horse; the protection of the safety of participants; and the protection of the public interest. Through its services and programs, the ORC works with the horse racing community to ensure that there is fair and safe racing, and confidence in the integrity of the industry.

(ORC)

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