The Government of Ontario will invest $10M per year in the Horse Improvement Program (HIP) to support programs for breeders and horsepeople.
- This fund will support breeding and industry development for Ontario-bred horses.
- It will be administered by Ontario Racing.
- The fund will replace the Enhanced Horse Improvement Program previously administered by the Ministry of Agriculture, Food and Rural Affairs.
- The government has also reached agreements on packages through the Optional Slots at Racetracks Program (OSARP) that includes operational funding for eligible racetracks.