No surprise to parents: Daycare costs in Canada are out of control
This story originally appeared on chatelaine.com
It?s one thing to commiserate with your fellow parents about the exorbitant cost of Canadian child care, but it?s another thing entirely to see the cold, hard numbers. The left-leaning Canadian Centre for Policy Alternatives? third annual report on child care fees came out on Monday, validating those parental complaints with some pretty stark stats. The federal government may have committed to a $500 million child care boost in its 2017 budget, but daycare fees have been skyrocketing coast to coast faster than inflation. Below, some of the more eye-popping figures.
Infant care costs Toronto parents about $19,788 a year, and the fee for two kids is?
$36,000 (for an infant-toddler combo). Infants (aged 1.5 and younger) have the highest fees in Canada?not to mention the fewest spaces?but Toronto costs in particular are ?more than twice what Ontario university students pay in tuition,? the report helpfully points out. The most affordable cities are in Quebec, which offers daycare subsidies: Gatineau, Laval, Longueuil and Quebec City max out at $179 per month. Photo: Canadian Centre for Policy Alternatives
Toronto also ?wins? for the highest toddler fees, at a median of $1,375 a month ? followed closely by Vancouver at $1,325.
Elsewhere in Canada, fees for toddlers (aged 1.5 to 3) rose by an average of eight percent between 2014 and 2016, vastly outpacing inflation (2.5 percent).
Photo: Canadian Centre for Policy Alternatives
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