Sources indicate that an announcement slated for Monday will increase government funding to Ontario’s horse racing industry with an additional $100-million infusion.
According to London’s CTV News reporter Cristina Howorun, race dates will also be announced and the total funding in the five-year plan for racing will be boosted from $400 to $500 million. Howorun reports that some of this additional money will be earmarked for repairs to Fort Erie as well as racing for Rideau Carleton Raceway.
On Sunday night, Ontario Horse Racing’s John Snobelen penned a column for Sun Media in advance of Monday’s expected announcement. Snobelen noted that when the Liberal government initially cancelled the slots-at-racetrack program two years ago, he “wrote a scathing column on the devastating effect terminating SARP would have on horses and the proud cadre of people who work with them.”
Snobelen goes on to say that while the cancellation created crisis, in his opinion the new Partnership Plan and racetrack alliance are changes for the better.
“Canceling SARP created a crisis in the horse racing industry. Two years later I am happy to report it also created some good change.”