Over $10 million will be infused into the Ontario Thoroughbred horse racing industry as part of the regional government's plan in Canada to increase support to protect agriculture and rural jobs across the province, Ontario Racing said via a press release on Thursday.The organization's representative board of directors voted to direct 83 percent of the additional funds toward Ontario's breeding sector and racing participants.Highlights of how the additional funding will be allocated this year specific to the Thoroughbred industry include:An increase of $5 million for the Thoroughbred Improvement Program (TIP). The additional funds will be used to bolster Ontario Bred and Sired stakes races, increase breeders' awards and incentivize the breeding, raising and racing of Thoroughbreds in the province;An additional $4.5 million will be directed through TIP to restricted opportunities for Ontario-bred and sired horses at Woodbine Racetrack;At Fort Erie, the average per card purse level will rise 15 percent from nearly $127,000 in 2025 to more than $146,000 in 2026.The funding is part of $35 million in additional funding for all three racing breeds for each of the next five years.The post Ontario’s Thoroughbred Industry Receives Funding Boost appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.