What is in Budget 2022 for Families?
Supporting Early Learning and Child Care
In Budget 2021, the federal government made a historic and transformative investment of $30 billion over five years.
Child care is not just a social policy but also an economic policy. Affordable, high-quality child care will grow our economy, allow more women to enter the workforce, and help give every Canadian child the best start in life.
The federal government reached agreements with all 13 provinces and territories in less than a year. As a result, by the end of 2022, Canadian families will have seen their child care fees reduced by an average of 50 percent. By 2025-26, it will mean an average childcare fee of $10-a-day for all regulated childcare spaces across Canada.
BC is expected to cut childcare costs in half by the end of this year, amounting to an average saving per child of $6000 by the end of this year.
The funding will enable provinces and territories to make additional child care investments, including building new facilities.
Dental Care for Canadians
Seeing a dentist is vital for our health but can be expensive. A third of Canadians do not have dental insurance, and in 2018, more than one in five Canadians reported avoiding dental care because of the cost.
To read the Budget 2022: speech or to review the budget documents, please visit: https://www.budget.gc.ca/
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