Justice committee  No. If I may, single-event sports betting is betting on the outcome of a single event. That includes both fixed odds and parimutuel regimes. Right now in Canada, we only have parimutuel. In other places in the world, such as Australia, they have both. On horse racing, they have

Justice committee  Yes, and the odds are your payout. It's not the odds of the horse winning.

Justice committee  Does that help?

Justice committee  Michael can help me out with that one, but that's a legislated number and it can move. In the Criminal Code, it can allow us to go up to 1%. If we were to make a change from 0.8% up to 1%, we could do that through a regulatory change.

Justice committee  That is a great question. It's a question that keeps me up at night as well. We've been on a declining basis. We are reaching a tipping point, I would say, in terms of our funding model. We've done a number of cost-cutting exercises over the last number of years. The objective of

Justice committee  I guess I have a couple of things here. I want to make it clear that I'm a public servant and that I'm a regulator. What would be interesting would be to hear directly from the horse racing industry and seek its views in terms of the dynamics. One of the elements here to be min

Justice committee  Ontario.

Justice committee  Ontario represents about 70% of the total dollars bet in Canada.

Justice committee  That's a good question. If we look at what's happening in other jurisdictions around the world, there is interest in providing fixed-odds betting on horse racing. I don't have a good handle on which provinces would be interested in offering that, but I do know that it's been suc

Justice committee  Thanks very much. Good morning, Madam Chair and members of the committee. Thank you very much for the opportunity to speak with you today. I'm the executive director of the Canadian Pari-Mutuel Agency, CPMA. Let me start by explaining a little bit about the CPMA. The CPMA is a