Why Canada needs a Physical Activity Tax Credit for Seniors 

Mar 6, 2024

Falls are the leading cause of injury-related hospitalizations among Canadian seniors, and falls can lead to reduced mobility, increased healthcare costs, loss of independence, isolation, mental health decline and even earlier death. As the Canadian population ages, it is vital we prioritize maintaining good health, strong bodies and independence – not only for the well-being of our older population, but for the future of the Canadian healthcare system.

This week, the government announced it will unveil the new budget on April 16th. Fitness Industry Council of Canada (FIC) has submitted several budget recommendations – one of which is a physical activity tax credit for seniors over the age of 55. FIC – the voice of the Canadian fitness industry – believes it is paramount that our older population be incentivized to join a gym, workout with a trainer, or join a fitness class, and research has shown the effectiveness of exercise intervention in improving the lives of seniors.