With respect to the fiscal framework in the year 2015-2016 and the $600 million surplus identified in the 2011 Update of Economic and Fiscal Projections, how will the budgetary balance be affected by government plans to (i) double the value of the Children’s Fitness Tax Credit and make it refundable, (ii) introduce an Adult Fitness Tax Credit, (iii) allow spouses to share up to $50,000 of their household income for federal income tax purposes, (iv) double the Tax Free Savings Account limit?
In the House of Commons on January 30th, 2012. See this statement in context.