Ontario has secured $13.2-billion dollars as part of a new child care deal.
Prime Minister Justin Trudeau and Ontario Premier Doug Ford announced the deal this morning.
The deal will see lower fees for families and deliver an average of $10 a day child care by September of 2025.
Child care fees will be reduced through four steps to an average of $10 a day per child five years old and younger by September 2025.
Parent rebates will be retroactive to April 1 and begin in May.
As part of the new deal, the province plans to create approximately 86,000 new, high-quality child care spaces for children five years old and younger.
As a first step, all Ontario families with children five years old and younger in participating licensed child care centres will see their fees reduced, up to 25 per cent, to a minimum of $12 per day, retroactive to April 1, 2022.
In December 2022, parents will see another reduction.
Families will see further fee reductions in September 2024, culminating in a final reduction to an average of $10-a-day child care by September 2025.
Ontario families will continue to benefit from the province’s child care tax credit program, which remains in effect.
Get additional information online here.
More details to come.
(written by: Rudy Kadlec)