A special report is released by Equine Canada regarding the Economics of Horse racing in Canada.
“The racing sector represents a small percentage of the total number of horses in Canada, but a significantly higher percentage of the overall economic contribution that comes from horses in Canada. With 45,000 horses active in the racing sector (five per cent of the total Canadian herd), the horse racing sector provides 26% of the total economic contribution, a $5.7 billion annual economic impact. Racing in Ontario represents the largest provincial sector for the national racing industry, with more than 68% of the total racing opportunities and 86% of the total purses earned in 2010.”
Check out the entire series at the Equine Canada Site: