[fredr123]

Originally Posted by Locke

People understand how tax credits work right? This isnt an enormous sum of money by any stretch of the imagination.

The cash difference on a tax return wouldnt even pay for my soccer fees for one season let alone the year, forget Gym memberships.

From the horse's (err, CRA's) mouth:

tax credit (crédit d'impôt).

An amount deducted directly from income tax otherwise payable.Examples include the disability tax credit and the married credit for individuals, and the scientific research and experimental development investment tax credit for corporations.
See also age credit; film or video production services tax credit;goods and services tax (GST) credit; input tax credit; investment tax credit; manufacturing and processing tax credit; pension income credit; refundable tax credit.

tax deduction (déduction fiscale).
An amount deducted from total income to arrive at taxable income. Childcare expenses and capital cost allowances are tax deductions.
See also small business deduction

And from everyone's favorite 'pedia:

A tax credit is generally more valuable than a tax deduction or tax allowance of the same magnitude because a tax credit reduces tax directly, while a deduction or allowance only reduces taxable income and so the reduction in tax is only a fraction (the marginal tax rate) of the deduction or allowance.