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Quebec injects $60 million into daycares to help prepare for looming cuts

Quebec daycare deal
WATCH ABOVE: The government has reached an agreement in principal with Quebec's CPEs, announcing a new financing model for daycares. Global's Raquel Fletcher explains.

QUEBEC CITY – The Quebec government will inject an additional one-shot $60 million into the province’s daycare network to help offset far more radical cuts to the system.

Government funding for daycare centres is being chopped by $120 million a year as part of the province’s drive to balance its budget.

Of the $60 million, $41 million will go to the public network and $19 million will be allocated to the private system.

READ MORE: Quebec National Assembly opens session with talk of daycares, broken promises

The money is aimed at helping them cope with the looming cuts.

Family Minister Sebastien Proulx made the announcement in Quebec City Tuesday.

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Quebec contributes about $2.4 billion to the daycare system each year.