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Bookmark or Share- How Canada is reducing childcare costs in Ontario | World Economic ForumThe federal investment of C$13.2 billion in Ontario would be spread over six years, with an initial C$10.2 billion to reduce childcare costs to C$10 per day, on average, within four years. Trudeau, announcing the deal alongside Ontario's Progressive Conservative Premier Doug Ford, said it would also create 86,000 new daycare spaces by the end ...
- AI tools can empower women, according to this social entrepreneur ...Unaffordable childcare has a particular impact on working women. During the COVID-19 pandemic, when schools and nurseries were forced to close, as many as 113 million women aged between 25 and 54 with young children were out of the workforce , according to the International Labour Organization.
- The motherhood penalty: How childcare and paternity leave can reduce ...PricewaterhouseCooper found that for every dollar you invest in childcare, you get at least $2 back into the wider economy. Other countries seem to be getting the memo on this. America has just done its Families Plan, which is looking at creating a really affordable childcare system, Canada has just committed to invest in their childcare system ...
- These countries have the most expensive childcareHow the cost of childcare varies across the globe. Image: OECD. The most expensive country is New Zealand. Based on 2017/18 data, a couple with two young children earning the average wage have to devote 37.3% of their pay to childcare. There are only three other countries where more than 30% of a couple’s average salary earnings go toward ...
- These countries have the highest childcare costs in the worldThe UK has some of the highest childcare costs in the world, but it's not top of the list. Policymakers there and in other countries need to realize that having more affordable childcare offerings is not only good for women and families, but good for economies too, says World Economic Forum Managing Director, Saadia Zahidi.
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