ORC Updates Cancellation Fees
The Ontario Racing Commission has issued its policy on cancellation fees paid to owners when races are cancelled, and announced an increase in the fee from $250 to $300.
For the past few years the ORC policy has permitted the issuance of compensation to owners of horses in the amount of $250, when racing has been cancelled due to weather or other factors outside of the control of racetrack management. Recently, the ORC reviewed its policy and has now issued a revised Policy Directive.
To view the Notice to the Industry, click here.
To read the Policy Directive, click here.