ANNOUNCEMENT TO THE BC MEMBERS FROM THE BOARD OF DIRECTORS

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CTHS BC • March 22, 2017

The CTHS BC Board of Directors would like to announce to its members that it has entered a three-year agreement with HBPA of BC and BC TOBA on the following items:

1. Reinstatement of the 25% BC-bred owners bonus including Maiden $4,000 claiming;
2. Our industry partners have guaranteed a 15% broodmare BAP award and a 10% stallion BAP award should our funding fall short of expectations. The broodmare guarantee is a continuation of an existing industry commitment to breeders, but the 10% stallion guarantee is new starting this year. These guarantees should comfort breeders who are trying to make breeding decisions;
3. A BC-Bred bonus for a MSW or a maiden stake winner with $5,000 going to the owner and $5,000 to the breeder;
4. Two restricted MSW races for BC-bred horses;
5. Our BC Cup races have moved from BC Day except for the Marathon.

Races on BC Day

MSW BC-Bred - 6 ½ furlongs (7 horse minimum)
BC CUP MARATHON – BC-bred 3 & up - 1 3/8 miles
OPEN STAKE -2-year-olds
OPEN STAKE -2-year-olds Fillies
OPEN STAKE -3-year-olds
OPEN STAKE - 3-year-olds Fillies
OPEN STAKE - 3-year-olds & up Fillies and Mares
OPEN STAKE - 3-year-olds & up
MSW BC-Bred – 6 ½ furlongs Fillies (7 horse minimum)

BC Cup races that will be run early in the meet

BC CUP STELLAR JAY – 3-year-olds Colts & Geldings, BC-bred or BC Sired
BC CUP DOGWOOD - 3-year-olds Fillies, BC-bred or BC Sired

BC Cup races that will be run at the end of the meet

BC CUP NURSERY – 2-year-olds Colts & Geldings, BC-bred or BC Sired
BC CUP DEBUTANTE – 2-year-olds Fillies, BC-bred or BC Sired
BC CUP DISTAFF – 3-year-olds & up Fillies & Mares, BC-bred or BC Sired
BC CUP CLASSIC – 3-year-olds & up, BC-bred or BC Sired

To continue to highlight BC-bred horses on BC Day, all Open Stakes will have a $10,000 owners bonus, if the race is won by a BC-bred or BC Sired horse. If the race is not won by a BC-bred or BC Sired horse, the $10,000 is added to the following year’s race making the bonus $20,000. The bonus continues to grow until a BC-bred or BC Sired horse wins.

ALL horses instead of just Canadian-bred horses that pass through the 2017, 2018 and 2019 CTHS BC yearling and mixed sale will be eligible for the sale stakes starting in 2018. A $10,000 owners bonus and $2,500 breeder bonus will be paid if the winner is a BC-bred horse.

This three-year agreement has been made recognizing the current difficulties surrounding the racing and breeding industry here in BC. As part of this three-year agreement the Board of Directors of the CTHS had to make some tough decisions.

To help fund the $5,000 breeder bonus for BC-bred MSW winners, the CTHS has redistributed second and third place award monies for MSW races and awards on BC Cup races. No change has been made to the remaining allowance award program.

Opening the sale stakes to non-Canadian horses was not an easy decision. The reality of the situation is the declining registered foal crop in BC was making it difficult to find enough entries to run the sale stakes. The number of sale stake eligible horses from the 2016 sale was down again from the 2015 sale numbers. Compounding the problem is the $100,000 yearly financial commitment the CTHS has to run the sale stakes. We are at the point where unless we have more nominations to fund the race, we would have to raise the fees significantly.

We felt it is important that all consignors to our sale know these changes prior to entering our sale. We believe the changes will be a positive for consignors. The changes will make BC-bred horses even more valuable than they are already. The top BC-bred horses have sold for a premium and this will just add to that premium.

The survey we did last year around sale time gave our board of directors a clear message of what was important to breeders. The number one point made was without breeder awards many would leave the business or reduce breeding. We feel this agreement adds significant security from our board and industry partners to those awards for the future.

Finally, the Board of Directors represent all its members and, therefore, would appreciate receiving emails or letters with your ideas that will assist in revitalizing our breeding industry. Negotiations will take place with our industry partners this summer for the next round of incentive programs. It is important that you voice your opinions. The survey gave us some suggestions that we have put forth to our industry partners. We are working towards proposing a broodmare incentive program for existing mares and fillies in BC to assist breeders.

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