Why investors are flocking to the daycare business

Excerpts

The federal government’s $30-billion pledge to bring daycare costs down to $10/day and to create 250,000 new spaces by 2026 isn’t only attracting families, it’s also getting attention from investors. As the government seeks to make more spaces, for-profit centres are quickly expanding to meet targets.

The Globe’s Dave McGinn, and The Globe’s independent business reporter, Chris Hannay, explain the appeal and why child care advocates are concerned.