It is run annually in mid-November at Woodbine Racetrack in Toronto, Ontario, Canada at a distance of 1+1⁄8 miles.

Along with its turf counterpart, the Cup and Saucer Stakes, the Coronation Futurity is the richest race for two-year-olds foaled in Canada.

Inaugurated in 1902 at Toronto's Old Woodbine Racetrack, it was created in celebration of the August 9, 1902 coronation of Edward VII of the United Kingdom.

[2] The 1963 winner was Northern Dancer who would go on to win the Kentucky Derby and Preakness Stakes and become the most important sire of the 20th century.

Sunny's Halo won the 1982 edition of the Coronation Futurity and went on to win the following year's Kentucky Derby.