Is Child Care a Solution to Canada’s Stagnant Economy?

This  article from Macleans suggests a national child care program would have a far greater effect on the economy than income-splitting or another baby bonus ever could.  “All those women currently out of the workforce represent untapped earning potential and entrepreneurial energy”.   It cites Quebec, where low cost child care resulted in higher female participation rates and stronger economic growth; and a 2013 OECD study that found providing support for the care of children under three had a “more robust” impact on women’s workforce participation rates than paid leave or family benefits.

Categories: News

Posted by Jodie Kehl at 2:46 pm