The Canadian Pari-Mutuel Agency is a special operating agency of

Agriculture and Agri-Food Canada Agriculture and Agri-Food Canada (AAFC; sometimes Ag-Canada; french: Agriculture et Agroalimentaire Canada)''Agriculture and Agri-Food Canada'' is the applied title under the Federal Identity Program; the legal title is Department of Agriculture ...

that regulates and supervises

pari-mutuel Parimutuel betting or pool betting is a betting system in which all bets of a particular type are placed together in a pool; taxes and the "house-take" or "vigorish" are deducted, and payoff odds are calculated by sharing the pool among all winni ...

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 elem ...

horse racing Horse racing is an equestrian performance sport, 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 basic p ...

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 ...

across

Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...

, 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 Levy, Lévy or Levies may refer to: People * Levy (surname), people with the surname Levy or Lévy * Levy Adcock (born 1988), American football player * Levy Barent Cohen (1747–1808), Dutch-born British financier and community worker * 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