ADULT FITNESS TAX CREDIT
Canadians of all ages are interested in increasing their physical fitness.
It helps avoid major chronic health problems, and increases overall well-being. And there's a huge range of activities that can help achieve these goals from hockey at the rec centre to time on the treadmill.
To support Canadians in choosing a healthy, active lifestyle, we will establish an Adult Fitness Tax Credit, to cover up to $500 in registration fees for fitness activities for adults. This measure will be implemented when the federal budget is balanced within our next full term of office.
DOUBLING THE CHILDREN'S FITNESS TAX CREDIT
Parents know that regular exercise is a key part of their children's development. Whether it's hockey or dance or another program of physical activity, it gets them started on a lifetime of healthy, active living.
But the financial cost can put a strain on the family budget. In 2007 Stephen Harper's Government established the Children's Fitness Tax Credit, in the amount of $500, to help cover these costs. In 2008, almost 1.4 million Canadians benefitted from the measure in their tax returns.
Due to the success of the measure, we will double the value of the tax credit, and make it refundable up to $1,000 to help cover the costs of registration fees for children's physical activities. This measure will be implemented when the federal budget is balanced within our next full term of office.
Stephen Harpers Low-Tax Plan for Jobs and Economic Growth (Conservative Platform 2011), The Conservative Party of Canada