Le Lézard
Classified in: Business
Subjects: CHI, WOM, NTA, CPG, CFG, DEI

New cost control framework to support the growth of 22,500 additional quality child care spaces in Alberta

EDMONTON, AB, Jan. 31, 2023 /CNW/ - Child care is not just a social policy?it is an economic policy, too. Access to high-quality, affordable, flexible and inclusive child care will grow the economy, allow more women to enter the workforce and help give every child in Canada the best start in life. That's why, in Budget 2021, the Government of Canada made a transformative investment of nearly $30 billion to create a Canada-wide early learning and child care system with provincial, territorial and Indigenous partners.

Today, the Minister of Families, Children and Social Development, Karina Gould, and the Minister of Tourism and Associate Minister of Finance, Randy Boissonnault, joined Alberta's Minister of Child Care Services, Mickey Amery, to announce the new Cost Control Framework and For-Profit Expansion Plan for the province of Alberta as part of the Canada-Alberta Canada-wide Early Learning and Child Care Agreement. This means that more children will have access to affordable, high-quality spaces in the province, with up to 6,000 new spaces being created by March 31.

The Cost Control Framework and For-Profit Expansion Plan will guarantee the sound and reasonable use of public funds in Alberta's for-profit child care sector, ensuring that costs and earnings of child care businesses are reasonable and that surplus earnings are directed towards improving child care services in the province. The framework will build upon the province's existing successful approach to working with the private sector and will guide how federal funds can be used to support the development of an additional 22,500 new child care spaces among Alberta's for-profit child care providers over the remainder of the Agreement. In total, Alberta will create 68,700 new licensed child care spaces by the end of March 2026, which will greatly enhance the availability of affordable, high-quality child care spaces in the province.

As part of the Canada-wide early learning and child care system, the Government of Canada aims to create approximately 250,000 new child care spaces across the country by March 2026 to give families affordable child care options, no matter where they live. New licensed spaces will be created predominantly among not-for-profit, public, and family-based child care providers.


 "Today's announcement highlights our commitment to on-the-ground child care providers in Alberta. Our expansion plan will create spaces for parents and get children off waitlists while ensuring the reasonable use of tax dollars. We want more families with children in licensed spaces to be able to reap the benefits of more affordable child care."

- Minister of Families, Children and Social Development, Karina Gould

"Today is a win for Alberta families. Families in our province will no longer need to make choices such as going to work or taking care of their children when they are sick. Our government is working with the provincial government and Alberta's existing child care network to build 22,500 new child care spots and provide parents flexibility and options that works for them."

- Minister of Tourism and Associate Minister of Finance, Randy Boissonnault

"We remain fully committed to supporting the development of a child care system that works best for Alberta families by providing parents with affordable, accessible, flexible and inclusive high-quality child care. Including more private spaces in the child-care agreement is the next step in ensuring that parents have more child-care options and reducing parent fees to an average of $10 a day by 2026."

- Mickey Amery, Minister of Children's Services

Quick Facts
Associated Links

Toward $10-a-Day: Early Learning and Child Care
Canada ? Alberta Canada-Wide Early Learning and Child Care Agreement - 2021 to 2026

Follow us on Twitter

SOURCE Employment and Social Development Canada

These press releases may also interest you

at 17:12
Across the country, families are struggling with the rising cost of living. The Government of Canada is providing targeted support to those who need it most, and we are going to keep delivering much-needed relief to the middle class and people...

at 14:32
Jobma has announced a significant update that will leverage the power of Artificial Intelligence to provide...

at 13:00
The Canada Revenue Agency (CRA) has resumed efforts to recover taxpayers' debt. One of the tools the CRA uses to recover debt is called offsetting. Offsetting proactively applies tax refunds and benefit payments (such as the GST/HST credit) to tax...

at 12:00
Medtronic plc and DaVita Inc. today announced the launch of Mozarc Medical?an independent new company committed to reshaping kidney health and driving patient-centered technology solutions. "Mozarc Medical's focus will be on meaningful and...

at 10:15
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of PLDT Inc. between January 1, 2019 and December 19, 2022, both dates inclusive (the "Class Period"), of the important April 7, 2023 lead plaintiff...

at 09:21
Chadwick BaRoss (CBR), one of New England's oldest and largest suppliers of heavy construction equipment, announced today that it has concluded an asset acquisition from Woodco Machinery. This will allow CBR to expand its existing partnership with...

News published on 31 january 2023 at 16:21 and distributed by: