$15-a-day childcare is a dream many parents have, especially here in BC where we pay an average of $1050 a month per child , and even higher in Vancouver, where parents pay upwards of $1200 a month for the necessary service.
The NDP is promising to make the dream a reality.
The party claims an NDP government would not only cap childcare costs to parents at $300-a-month, it would also create one million childcare spots.
But How True Is it?
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Benefits of affordable childcare
A number of economists have touted the benefits.
According to them, affordable childcare puts more women in the workforce and more money in families’ pockets.
The NDP specifically cites University of Quebec at Montreal economist Pierre Fortin’s work, that claimed Quebec’s economy received a $5 billion dollar boost from its $5-a-day (now $7-a-day) plan.
LISTEN: CKNW’s Charmaine de Silva takes a closer look at the NDP’s $15/day childcare promise with Jon McComb.