 Originally run as the Nettie Handicap, the race was renamed in 1981 to honor the late Edward Plunket Taylor, President of the Ontario Jockey Club from 1953 to 1973 and a founder of the Jockey Club of Canada.An inductee of the Canadian Horse Racing Hall of Fame, E. P. Taylor owned Windfields Farm, Canada's most successful horse breeding operation.The E. P. Taylor Stakes is a Grade I event with a purse of CAN$500,000 and draws horses from across North America as well as Europe.