The Canadian Pari-Mutuel Agency is a
special operating agency A special operating agency (SOA) is a designation given to a government organization within a department or agency of the Government of Canada, or a provincial government, that has some management flexibility, independence, and separate accountabili ...
of
Agriculture and Agri-Food Canada
Agriculture and Agri-Food Canada (AAFC; sometimes Ag-Canada; )''Agriculture and Agri-Food Canada'' is the applied title under the Federal Identity Program; the legal title is Department of Agriculture and Agri-Food (). is the Structure of the Can ...
that regulates and supervises
pari-mutuel betting
Gambling (also known as betting or gaming) is the wagering of something of value ("the stakes") on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three ele ...
on
horse racing
Horse racing is an equestrian performance activity, typically involving two or more horses ridden by jockeys (or sometimes driven without riders) over a set distance for competition. It is one of the most ancient of all sports, as its bas ...
at
racetracks
A race track (racetrack, racing track or racing circuit) is a facility built for racing of vehicles, athletes, or animals (e.g. horse racing or greyhound racing). A race track also may feature grandstands or concourses. Race tracks are also us ...
across
Canada
Canada is a country in North America. Its Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of coun ...
, to ensure that pari-mutuel betting is done in a fair way to benefit the public. The Agency is funded through the collection of a
levy of 0.8% on each bet on horse races placed in Canada.
References
Agriculture and Agri-Food Canada
Gambling in Canada
{{Canada-gov-stub
Pari-Mutuel_Agency, Canadian