Wednesday, November 19, 2008

Get Money Back for Exercising, Only In Alberta

I had featured this in another post:

Will A Fitness Tax Credit Help Canada?

Excellent to see that Dave Rodney got took on the fight and made it happen.

This is great news.

We need to do more when it comes to promoting activities in peoples lives.

One way is to provide tax incentives for those that are being active and to decrease one barrier that people have to exercising, which is cost.

Now we have seen Fitness Tax Credits in:

- Across Canada for Children
- Nova Scotia
- Alberta

Why are other provinces, states and countries doing this?

- Rick

Alberta fitness buffs to get tax break
Jason Fekete - Calgary Herald - Tuesday, November 18, 2008

Playing hockey, carving powder in the mountains and pumping iron in the gym could soon be a lot cheaper in Alberta after MLAs passed a bill Monday to offer physically active Albertans a $500 fitness tax credit.

In a vote of 24-20, MLAs narrowly approved a private member's bill, sponsored by Calgary-Lougheed Tory MLA Dave Rodney, which will provide partial tax relief up to $500 per person on annual fees for physical activities.

The federal government already implemented a $500 fitness tax credit, but only for children, while Rodney noted Nova Scotia recently approved a credit for that province's residents.

(Read More)

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Rick Kaseljrkaselj@HealingThroughMovement.com
Registered Kinesiologist Specializing in Injury Rehabilitation
Surrey, BC, Canada
Get your “5 Myths about Core Training” Special Report – www.CoreStabilityoftheBack.com
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