Advertisement
Canada markets open in 8 hours 53 minutes
  • S&P/TSX

    22,375.83
    +116.63 (+0.52%)
     
  • S&P 500

    5,214.08
    +26.41 (+0.51%)
     
  • DOW

    39,387.76
    +331.36 (+0.85%)
     
  • CAD/USD

    0.7307
    -0.0004 (-0.06%)
     
  • CRUDE OIL

    79.79
    +0.53 (+0.67%)
     
  • Bitcoin CAD

    86,173.04
    +1,955.16 (+2.32%)
     
  • CMC Crypto 200

    1,352.25
    +52.15 (+4.01%)
     
  • GOLD FUTURES

    2,358.20
    +17.90 (+0.76%)
     
  • RUSSELL 2000

    2,073.63
    +18.49 (+0.90%)
     
  • 10-Yr Bond

    4.4490
    -0.0430 (-0.96%)
     
  • NASDAQ futures

    18,219.00
    +4.50 (+0.02%)
     
  • VOLATILITY

    12.69
    -0.31 (-2.38%)
     
  • FTSE

    8,381.35
    +27.30 (+0.33%)
     
  • NIKKEI 225

    38,150.24
    +76.26 (+0.20%)
     
  • CAD/EUR

    0.6778
    0.0000 (0.00%)
     

National Childcare Plan Needed: Freeland

Ottawa says the COVID-19 pandemic and its damaging impact on women has underlined the need for a national childcare plan, which would also help the economic recovery.

Since taking up her job in August, Finance Minister Chrystia Freeland has repeatedly spoken about a "feminist agenda," and has said childcare will be part of a stimulus package worth up to $100 billion over three years. She will unveil details in next Monday's federal budget.

"I really believe COVID-19 has created a window of political opportunity and maybe an epiphany … on the importance of early learning and childcare," Freeland told a online convention of the federal Liberal Party.

The budget is set to be a springboard for an election that Liberal insiders say is likely in the second half of the year.

ADVERTISEMENT

Read:

Canadian governments of various stripes have mused about a national childcare program for decades but never acted, thanks in part to the cost and also the need to negotiate with the 10 provinces, which deliver many social programs.