COC Welcomes New Children's Fitness Tax Credit by Government
Toronto, ON, Canada
The Canadian Olympic Committee (COC) welcomed the new Children's Fitness Tax Credit included in today's budget by the Conservative Government and expressed optimism that the government would provide additional funding for sport and physical activity in the coming years.
"We acknowledge the good first step that the government has taken with this new Children's Fitness Tax Credit which will help more children become involved in sport and physical activity," said Chris Rudge, CEO of the COC. "We are confident that this government will soon deliver on its commitment to increase the budget for sport to one per cent of the health budget, which would more than double the current budget for sport and fitness to approximately $300 million a year."
Rudge said the COC has been pleased with the support demonstrated by Michael Chong, Minister for Sport, who attended the Olympic Winter Games in Turin just a few days after being named to his portfolio and attended the COC's Canadian Olympic Hall of Fame induction ceremony last weekend in Quebec City.
"We look forward to continuing to work closely with Minister Chong as a full partner and to ongoing discussions about government support for the new summer sport excellence plan to help Canadian summer athletes reach the podium at upcoming Olympic Games," said Rudge.
Copyright © 1999-2018 Red Bay Group, LLC