$10aDay Child Care Plan will boost BC economy

A new economic study by renowned private-sector economist Robert Fairholm concludes that the $10aDay Child Care Plan proposed by BC child care advocates will create 69,100 jobs, have a positive impact on the GDP, and generate sufficient government revenues to pay for the government spending required to build and operate the system.

Live in BC? Help spread this good economic news

The $10aDay campaign has put together a list of points to include in letters to the editor of local newspapers about the economic study and the benefits a universal child care system can deliver to parents, children and economic growth.

economic_report_2017_shareable

Child Care is shaping up to be a major election issue in British Columbia and the provincial NDP has endorsed the $10aDay Child Care Plan as the solution. Under the Plan, parents will pay a maximum of $10 a day for a licensed child care space, the number of licensed spaces will increase to meet demand across the province, and wages and training opportunities for early childhood educators will improve to ensure quality.

“The $10aDay Plan will provide significant benefits to single mothers, and help many families to leave social assistance, which will reduce income inequality.”

– Sharon Gregson

Spokesperson for the $10aDay Campaign, Sharon Gregson, highlights the study findings that the $10aDay Plan “will provide significant benefits to single mothers, and help many families to leave social assistance, which will reduce income inequality.”

“The projected benefits to government are shared between the B.C. and federal governments, so a cost-sharing approach to financing the $10aDay Plan makes sense” says Emily Mlieczko, Executive Director of the Early Childhood Educators of BC. “With new federal funding committed to child care this is a perfect time for the BC government to build a system that ensures all families with young children have access to stable, supportive and affordable child care in their communities.”

For more details on the study findings, prepared for the Early Childhood Educators of BC, including the costing review; benefits review; and impacts of the $10aDay Plan go to www.10aday.ca.

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