Mr. Speaker, the children's fitness tax credit is part of the Government of Canada's commitment to maintaining the health of Canadians, specifically to address the negative impact of declining levels of physical activity among our children.
Canada's new government is keeping its promise. An expert panel set up by the Minister of Finance has released its report to the government. During its consultations, the expert panel travelled right across Canada listening to a broad range of stakeholders. The panel found out that many of these children will benefit greatly from this new tax credit.
The children's fitness tax credit will encourage more children to be physically active and help parents with the costs of organized fitness activities. This is a good news story for all Canadian families.