Standardbred Canada Stresses Industry Importance of Proposed Changes To Income Tax

On March 21, 2013, the federal budget was released, containing proposed changes to Section 31 of the Income Tax Act.  This Section of the Act outlines the circumstances where a farmer may deduct up to $8,750 of losses against his/her non-farm income.  As previously reported, the government has proposed to increase this limit to $17,500, […] Read more »

Exception Announced By ORC For 2013 Ontario Resident Mare Program Criteria

For a standardbred foal to be recognized as Ontario Bred, mare owners are reminded that the 2013 mare enrollment form must be received at Standardbred Canada before the mare foals. The 2013 Mare Enrollment forms were made available on the Ontario Racing Commission website earlier this month. However, the ORC recognizes that some owners whose […] Read more »

Flamboro, Georgian, Fort Erie Agree To Transition Funding, But OHRIA Presses For Longterm Details Of Gaming Plan

The new Ontario government has reached tentative transition funding agreements with Georgian Downs, Flamboro Downs and Fort Erie Race Track — the latest step in ensuring race dates for the 2013 season. They join six other race tracks that have also reached agreements-in-principle for transition funding. Western Fair, Clinton, Hanover and Elora also signed agreements-in-principle […] Read more »

Details And Possible Impact Of NDP Natyshak’s Motion Set For March 28 in Ontario Legislature

Many questions surround the motion that will be presented and debated in Ontario’s provincial legislature this Thursday, March 28. What does it mean for the slots-at-racetracks program? Is the motion binding? And are the Progressive Conservatives working with the NDP on this motion? In an interview conducted late last week, Norm Borg and Essex MPP […] Read more »

Reminder: March 31st Deadline For 2012 Foal Registration

Time is running out to register your 2012 Ontario-sired foals. The deadline to register Ontario foals born in 2012 is March 31, 2013. Application for registration, registration fees and stallion certificate of service must be sent to Standardbred Canada offices by March 31, 2013. SC’s application process to register a foal can now be completed […] Read more »