As a parent myself, I know all too well how difficult it is to find high quality and affordable child care. Like many parents, we had to put Molly on the waiting list at the local daycare while my wife was still pregnant and it took a months after we we’re both back at work to find a space nearby.
The median cost of licensed child care for Toronto preschoolers is more than $1,200 a month, the highest in the country. There are only enough childcare spaces to serve 20 per cent of the city’s young children and fee subsidies to support just 30 per cent of Toronto’s low-income kids. About 50,000 parents are on wait lists for licensed child care in Toronto, and more than 12,000 children are waiting for fee subsidies.
The City had committed to matching 20% of the $57 million contribution from the federal and provincial governments. Unfortunately, the Mayor and Budget Chief spread that commitment out over three years. We need to invest in more affordable childcare now so that parents can afford to work or further their education to provide a better life for their family.