As COVID-19 closed down gyms and recreation centers across the country, more Canadians turned to home gyms and home exercise programs like Peloton to break a sweat. Despite the shift, the head of Canada’s largest health club company, GoodLife Fitness Centres Inc., is not concerned about this trend.
“It’s actually not a threat at all, it’s a huge asset,” said GoodLife Fitness founder and CEO David Patchell-Evans in a television interview. “Who it’s a threat to though, is people that can’t afford Peloton or don’t have room in their house for a private gym.”
Source: BNN Bloomberg