On the second bullet point in the explanatory note, it's pretty obvious that you go from $350 down to $300. It says “that it applies only during the months in which the taxpayer is registered with, or participates in the activities of, the organization”. A junior hockey season is generally eight or nine months, so the credit would apply for only those eight or nine months. Is that the way I'm supposed to understand that?
On February 8th, 2007. See this statement in context.