With a view to the changing economy, the Canadian Thoroughbred Horse Society (Ontario Division) has restructured fees for its annual Canadian-bred yearling sale.
“We as a group realize that we have to start reducing the costs incurred by our members, and with that have unanimously decided that the first opportunity for us to do so is through our selected sales fees,” said Julie Coulter, general manager of the Ontario CTHS.
The CTHS will continue to charge the $100 nomination fee and 5% commission at $20,000, but will now only charge $500 upon entry and $500 upon the sale. As a result, this will reduce the minimum costs from $1,400 to $1,100 for each horse sold or RNA’d. At this time, the open yearling fees will remain the same at the minimum of $700 for horses sold below $7,000.
The selected session of the Canadian-bred yearling sale takes place Tuesday, Sept. 7, and the open session takes place Saturday, Sept. 11, at the Woodbine Sales Pavilion in Toronto.