Federal funds move BC closer to $10/day child care

The pandemic has made it clear that affordable and accessible child care is needed to ensure employers can access the talents and skill sets of parents. Last week, the federal government announced that BC will receive $3.2 billion over five years to improve access to child care for kids under six years old. The provincial and federal governments say they are working toward $10 per day child care, with BC also committing another $2.5 billion over three years. The agreement is expected to lead to 40,000 new child care spaces in the next seven years.
 
"Studies show that for every dollar invested in early childhood education, the broader economy receives between $1.50 and $2.80 in return," states the federal government news release.