Through this fund, families can save up to $14,300 on child care every year, per child.
The federal government has announced $13.7 million will be spent over four years to help build more inclusive child care spaces across the province. Funding is through the Government of Canada’s $625 million Early Learning and Child Care Infrastructure Fund. This investment will help Newfoundland and Labrador reach the shared goal of building 5,895 new child care spaces by 2026. Through this fund, families can save up to $14,300 on child care every year, per child. Alongside provinces and territories, the Government of Canada has also announced over 100,000 new spaces, well on the way to reaching the goal of creating 250,000 new spaces by March 2026. Education Minister Krista Lynn Howell says “With over 9,100 early learning and child care spaces operating at $10-a-day or less and an additional 2,200 spaces in development, there is no doubt that momentum is building to ensure that all families in the province have access to the early learning and child care that they need.”