March 28, 2024
More $10-a-day child care spaces
Excerpt: "The Prime Minister, Justin Trudeau, today announced measures from the upcoming Budget 2024 to build more affordable child care spaces – saving more families thousands of dollars and helping more parents return to their careers. These measures include: Launching a new Child Care Expansion Loan Program. With $1 billion in low-cost loans and $60 million in non-repayable grants, public and not-for-profit child care providers will be able to build new spaces and renovate their existing child care centres. This means more resources for child care providers and more affordable child care options for families; Offering student loan forgiveness for rural and remote early childhood educators. This will encourage educators to work in smaller communities and help families get the child care they need. With a $48 million investment over four years, student loan forgiveness will increase the longer an educator works in a rural or remote area, attracting and retaining the talent, similar to the programs we’re offering rural doctors and nurses; Increasing training for early childhood educators. We’re investing $10 million over two years to train more early childhood educators, building up the talent needed for the expansion of affordable, high-quality child care."