The Fitness Industry Council of Canada (FIC) is asking fitness club operators to provide data on their subsidy rate percentage in support of advocacy efforts to reduce the threshold for businesses to access federal rent and wage subsidies.
The data is incredibly important to gather and has an impact on every business owner, regardless of whether or not they qualify for the Tourism and Hospitality Recovery Program (THRP).
FIC has been applying significant pressure on the Federal Government requesting that the THRP threshold must be lowered. It must be demonstrated that businesses need support in order to keep going and the only way this can be accomplished is provide data from the fitness industry.
Even if THRP is not a program your business qualifies for, FIC is asking that you use the Excel spreadsheet from the CRA’s website (wage-hiring-calculation-p22-23) in order to determine your subsidy rate percentage (Line C-3).
It is critical as an industry to determine what the subsidy rate percentage is, even if it is 0%. This information will empower the association during future conversations with the Government.
If you operate multiple locations, please note that each location may have a different subsidy rate percentage; therefore, you should submit a survey entry for each location if they vary in percentages.
FIC will collect the Canadian data and apply it to lobbying and advocacy efforts on behalf of the Canadian Fitness Industry.
Fitness Industry Council of Canada (FIC) is the not-for profit trade association that represents the voice of fitness facility operators across Canada. Representing more than 6,000 facilities with more than six-million members nationwide, FIC pursues a legislative agenda in the hope of bettering the fitness industry for both consumers and operators. FIC aims to work with both industry and government to improve the health and physical activity levels of Canadians.