The most famous horse from Canada is generally considered to be Northern Dancer, who after winning the Kentucky Derby, Preakness and Queen's Plate in 1964 went on to become the most successful Thoroughbred sire of the twentieth century; his two-minute-flat Derby was the fastest on record until Secretariat in 1973. The only challenger to his title of greatest Canadian horse would be his son Nijinsky II, who is the last horse to win the English Triple Crown. Woodbine Racetrack (1956) in Toronto is home of the Queen's Plate (1860), Canada's premier Thoroughbred stakes race, and the North America Cup (1984), Canada's premier Standardbred stakes race. It is the only race track in North America which stages Thoroughbred and Standardbred (harness) meetings on the same day. The Canadian International and Woodbine Mile (1981) are Canada's most important Grade I races worth C$1,000,000 each, and have been won by many renowned horses such as Secretariat and Wise Dan respectively. Other key races include Woodbine Oaks (1956), Prince of Wales Stakes (1929), Breeders' Stakes (1889) and Canadian Derby (1930).
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Different breeds of horses have developed that excel in each of the specific disciplines. Breeds that are used for flat racing include the Thoroughbred, Quarter Horse, Arabian, Paint, and Appaloosa. Jump racing breeds include the Thoroughbred and AQPS. In harness racing, Standardbreds are used in Australia, New Zealand and North America, when in Europe, Russian and French Trotter are used with Standardbred. Light cold blood horses, such as Finnhorses and Scandinavian coldblood trotter are also used in harness racing within their respective geographical areas.