Thank you, Madam Chair, for the opportunity, and thank you to committee members.
The effect of this amendment would be to render it identical, in effect, to Bill C-13. Like Bill C-13, this amendment to Bill C-218 would ensure that the parimutuel system of betting used by the horse-racing industry across this country would remain under the regulation of the federal Canadian Pari-Mutuel Agency.
Given the testimony we have heard from the horse-racing industry, stakeholders and the Department of Agriculture and Agri-Food, I believe it is in the best interests of the horse-racing industry to maintain the regulatory status quo. The horse-racing industry's primary source of revenue is wagering through the parimutuel system of betting. We must move to protect this revenue stream for the benefit of approximately 50,000 jobs across Canada.
While this amendment does not address the issue of historical horse racing, as raised in testimony by a number of witnesses, I do believe, Madam Chair, that it is an appropriate amendment and that, in fact, it fits within the scope of Bill C-218.
With that, Madam Chair, I will be voting to support this amendment.
Thank you.