Ottawa wants daycare fees cut in half by end of 2022. Will pricy B.C. reach that target?
A new report by the Canadian Centre for Policy Alternatives , to be released Tuesday, analyzes how much further daycare fees in the non-$10 centres need to drop by the end of the year to reach those federal 50-per-cent reduction targets.“The fees in the B.C. cities of Vancouver, Burnaby, and Surrey are closely clustered. Infant fees will need to fall by between $620 and $645 a month to reach their federal target , with Richmond, B.C.
In an interview, CCPA senior economist David Macdonald said B.C.’s plan to hit the 50-per-cent target reduction has two parts.to 12,500 spots by the end of 2022. “While some of the mechanisms in B.C.’s plan are known … several of the critical values are not available right now,” says the report, which was able to get the information it needed to make these projections for the other nine provinces and two of the three territories.
In Vancouver, Surrey and Burnaby, the current $100 fee reduction for preschoolers would have to grow by between $538 and $465 a month to reach the federal goals.
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