Ontario Budget announces extension to Horse Racing Partnership Plan through March 2021.

Excerpt from the 2016 Ontario Provincial Budget – “The program will now be extended for two additional years beyond March 2019 to March 2021. This extension will give confidence to the industry to make investments and business decisions for the coming years. It will also contribute to the continued support of rural jobs and economic development in the agricultural sector particularly as they relate to the horse breeding sector.

Beyond this time, the intension would be for OLG to establish a future longer term funding arrangement with the industry. The arrangement would be subject to Government approvals and further integrate gaming with horse racing to support industry sustainability.”

More details to come…