Budget 2023: Ottawa must support child care
A national subsidized child-care plan is one of the signature achievements of the Trudeau government.
Unfortunately for the provinces and territories – and for parents – that 50-50 split will be a fleeting achievement. For starters, Ottawa has made no commitment to that effect; its written agreements with the provinces and territories don’t contain formal cost-sharing language. But inflation projections had jumped significantly. The 2021 budget foresaw a 2-per-cent increase in the Consumer Price Index in 2022. By the time of last fall’s update, that figure had more than tripled, to 6.8 per cent, for instance. There’s a smaller upward move in projected inflation for 2023, before the forecasts intersect in 2024, when inflation is predicted to be 2.1 per cent.
And what will happen if the Liberals decide not to increase their child-care outlays? The provinces could fill the resulting funding gap – with Ottawa breaching the spirit, if not the letter, of the joint child-care initiative.
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