Blog Post

CTHS BC • June 28, 2019

The Canadian Thoroughbred Horse Society (BC Division) is delighted to announce the return of its popular rebate incentive for 2019.

Thanks to an agreement with the Presidents of the Horsemen’s Associations, the generous scheme aims to support local breeders by immediately rewarding purchasers of BC-bred yearlings.

Each purchaser of a BC-bred yearling at the CTHS (BC Division) 2019 Yearling & Mixed Sale will immediately receive a credit of up to $1,500 towards the purchase price, excluding applicable taxes.

  • The program will provide a credit for 50% of the purchase price of a BC-bred up to a maximum benefit of $1,500 . The program will provide a minimum $1,000 credit for any BC-bred selling in the 2019 CTHS (BC Division) Sale for $2,000 or less. As further examples: a horse selling for $2,500 will generate a credit of $1,250; a horse selling for $3,000 or more will receive the maximum $1,500.
  • In order to receive this credit, the buyer must commit to having all registration papers forwarded to Hasting Race Office and kept in its possession for the entirety of the 2020 Hastings Racing Season.
  • The registration papers will be released for the sole purpose of the horse running in a stake race in another jurisdiction, but for no other reason.
  • Immediately following the stake race the registration papers must be returned to the Hastings Race Office.
  • Repayment of all funds received under this incentive program will release the papers to the owner at any time prior to the end of the 2020 Hastings Racing Season.
  • Buy backs are not eligible for this incentive.

·To qualify the yearling must be a registered BC-bred who is sold to a third-party purchaser either at the time of the CTHS BC sale through the sales ring, or by noon on the day following the sale. All BC-bred yearlings sold after the sale, but before noon the following day will be eligible for the credit of up to $1,500 as long as the sale goes through and is confirmed by the CTHS Sales Office and appears on the official sales results sheet for publication.

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