Toronto parents pay the most for child care in the country. What are the federal parties offering?
CBC
The future of child care in Ontario is looking murkier than ever as the federal election approaches.
The Conservatives and Liberals are offering two very different solutions to Toronto parents, who currently find themselves shouldering the highest child-care costs in the country.
In 2020, eight out of the 10 priciest locations for child care in Canada were GTA cities, with Toronto in the top spot.
"This is likely a payment that exceeds or matches what parents pay in terms of their mortgage or their rent," said David Macdonald, a senior economist with the Canadian Centre for Policy Alternatives (CCPA).
Through his work with the CCPA, which bills itself as an independent, non-partisan research institute, Macdonald recently crunched the numbers on how much families can expect to save depending on who is elected.
The Liberals made a splash in April's federal budget when they promised a $30-billion investment to create a national child-care plan.
The government's stated goal is to drive down child-minding costs, first by halving fees in 2022 and then taking them down to $10 a day per child within five years.