The Liberal government’s modernization plan for the OLG is threatening the future of horse racing, says Perth-Wellington MPP Randy Pettapiece.
During question period on Oct. 18, Pettapiece, who serves as opposition critic for the horse racing industry, called on the Minister of Finance, Charles Sousa, to ease the uncertainty over the industry’s future, and commit to keeping all 15 of Ontario’s racetracks open.
“By cancelling the Slots at Racetracks Program, the government left the horse racing industry a shadow of its former self. Racetracks, horsemen and local economies are still struggling,” said Pettapiece.
“Instead of apologizing, the government plowed ahead with its misguided ‘modernization [plan].’ It’s going to put even more of the industry out of business.”
Ontario Racing, the new industry association, has released a plan that calls on the government to invest $1.6 billion over 17 years to stabilize the industry.
“We still need to remember – the proposed funding will not come close to the previous revenue sharing agreement,” said Pettapiece. “Uncertainty will persist.”
Pettapiece states he shares industry concerns that smaller tracks are in jeopardy without a firm commitment to keep casinos at many racetracks.
“Does the minister believe it’s ‘modern’ to wipe out a vital industry in rural areas?” asked Pettapiece.
Finance minister Charles Sousa replied the government is working with industry stakeholders towards long-term sustainability.
“I think we all appreciate that we want a very sustained horse racing industry in the province of Ontario that is why we made a commitment for long-term sustainability of the horse racing industry,” said Sousa.
“We’ve taken steps to support a stable industry by providing the appropriate funding by extending the government’s $100 million annual funding program by two years … The OLG will establish future long-term funding arrangements with the industry.”
The minister added the government has also passed legislation to integrate the operations of the Ontario racing commission with the OLG and the Alcohol an Gaming Commission of Ontario, “all of which promotes and allows the industry to benefit from a centralized marketing resource and it’s expertise to expose more Ontarians to the thrills of horse racing.”
Sousa stated, “We are taking every step necessary to provide a sustainable industry. Because we’re partnering with that industry in an appropriate manner.”
