Freeland’s budget to include plans for $10-a-day child care, new hiring credit for employers

The federal program currently has a budget of $1-billion but the Federation of Canadian Municipalities has urged Ms. Freeland to increase that to $7-billion. The all-party House of Commons finance committee endorsed the recommendation in its prebudget report, saying the $7-billion would create no less than 50,000 new housing units and that Ottawa should send the money directly to municipalities.“We’re really hopeful,” said FCM President Garth Frizzell.

The government is expected to announce a national tax to curb foreign speculation in Canada’s housing market, along the lines of tax initiatives for vacant properties in British Columbia and Ontario. Ms. Freeland’s Fall Economic Statement revealed how the pandemic has altered those forecasts dramatically. That document estimated that the 2020-21 deficit could approach $400-billion, followed by deficits of $121-billion and $51-billion.

Ms. Freeland has said that an affordable national child-care plan will be a central feature of the budget as a way to increase female participation in the work force and create more jobs in the child-care sector. Sources say Ottawa wants the provinces to adopt a subsidized daycare program that would cost families $10 per day. The plan, which will require negotiations with the provinces, would be modelled on Quebec, which offers subsidized spaces for $8.35.

Elliot Hughes, who previously worked as deputy director of tax policy to former Liberal finance minister Bill Morneau, said that while budgets are obviously about spending, they are also a key moment for a government to communicate its plan to voters. He said the government risks coming across as tone deaf if it focuses too heavily on the recovery plan while the country continues to struggle with COVID-19.

Source: Holiday News (holidaynews.net)

Lol what about taking all that money and just giving it to workers instead of funneling it through more liberal corporations? And if you have kids you pay for them? I don't know, you had the fun of making them take the adult rd and take care of them.

Not rocket science, throw money everywhere win those votes for coming election, glaze over the deficit, it will balance itself or future generations will just have a huge tax burden,say you still cant find the missing millions in infrastructure, but trust u with taxpayer money

Canadian citizens deserve a full investigation into where our money went and who it went to. Before any election, the citizens of Canada deserve to know how our taxpayer money has been spent and who received it. We deserve to know ALL info related to WE scandal

They’re trying to incentivize people to have kids, our population is in decline.

All this money, and yet nothing set aside again for the disabled. They've not seen an increase in their rates for over a decade. Not even a Pandemic has changed that. Should we just wait for the firing squads?

so are they cancelling the child benefit? wasn't paying for daycare the main reason for that?

Feds want the children to indoctrinate them. Mess with their minds and body.

Freeland’s budget It’s still a liberal!! What budget would she know how to make. She’s the reason this country is in the shape it’s in. Her and the drama queen. Say goodbye liberals. It’s your last stand!! What a joke this party is.

nicholas_falvo JustinTrudeau has never been in a better position to get things done than now. He has a seriously smart team. Federal Opposition is weak. Conservative Premiers need his help, are patently lazy and useless. He could take Alberta.

How about you want kids you pay for them Or be a responsible adult and have what YOU can afford.

That’s true James. We the taxpayer will pay the difference.

$10 a day child care? That’s unaffordable for any child care provider.

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