Families can soon expect to see big reductions in child care fees as the costs are being capped at $22 a day, said a news release from Sudbury MP Viviane Lapointe.
The average cost in Ontario is set to be at $19 per day. This cost-saving measure comes as a result of the federal government’s commitment to affordable child care, said the release.
The $22 cap is a step towards the plan’s final goal for $10-a-day child care, bringing much needed cost relief for working families across the country, including Sudbury.
Lapointe said the Liberal government's action plan to lower child care costs comes at a time when young families need it most.
“Before our government took these steps, child care was not an affordable option for parents – many saying their child care fees each month were higher than their mortgage payments," said Lapointe.
"With this cap, we’ve reduced child care fees by 50 per cent, saving a family up to $6,000 for each child. If you have two children in daycare, you are saving $12,000 each and every year. That makes a huge difference to a family’s household budget,” said Lapointe.
Lapointe further quoted an Ontario government projection that the newly reduced cost of child care will mean a savings of roughly $300 million across the province, further boosting the economy.