Good morning, Madam Chair, members of the committee and other attendees. I'm Jim Lawson, the CEO of Woodbine Entertainment Group. My colleague Christina Litz and I appreciate the opportunity to speak with you this morning.
Woodbine Entertainment is the largest racetrack operator in Canada. I believe it is critical for this committee to understand our organization's mandate. Operating like a not-for-profit organization, our sole mandate is to sustain the horse-racing industry in Ontario. We do not have any owners, nor do we have any shareholders. We operate to ensure that the horse-racing industry in Ontario, which also supports the entire horse-racing industry in Canada, is sustainable.
All income is reinvested in our core operations and other strategic initiatives intended to benefit and serve the entire industry. In short, we feel we are here today representing the entire horse-racing industry in Canada.
I'll turn it over to my colleague Christina Litz for further words.