Justin Trudeau arrived in Nova Scotia on July 21 as part of a ‘working holiday’ tour to promote and discuss several issues, both regional and national, including the Liberals’ Canada Child Benefit. The program, implemented last year, is something he spoke of with pride, but has faced criticism from child care experts and most recently the International Monetary Fund (IMF).
Researchers at the IMF concluded that the Canadian federal government can afford to spend $8-billion annually to directly reduce the cost of child care spaces nationwide because the program would pay for itself. Parents who can access quality, affordable child care are more likely to re-enter the workforce, thus contributing income tax dollars back into the government coffers.
“Leading authorities and international best practices have been showing us for years that a universal program where quality spaces are made accessible and affordable will do the most to support Canadian families,” said Lisa Kelly, Director of the Women’s Department. “It’s no surprise that we have yet another respected voice telling our government they can be doing a lot more.”
The proposal suggested by the IMF study is more than 10 times the amount the Liberals plan to invest in child care over the next decade and it would bring the cost of child care fees down by about 40% - a number that would be expected to allow more parents, particularly women, to re-enter the workforce.