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New fitness tax credits also expected ahead of election
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The Conservatives also promised to up the existing annual TFSA contribution limit from $5,500 to $10,000, the Post said. The Child Fitness Tax Credit is also expected to double to $1,000 and an adult fitness tax credit introduced to cover up to $500 in registration fees.
Full details will be made available in the fall fiscal update, scheduled for later this month—approximately one year ahead of the next federal election.
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