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The Liberal government said Wednesday it has told the provinces how much of $625 million in infrastructure funding earmarked for child care they'll get to build new child-care spaces.
"Confident countries invest in themselves and their future, and today's announcement allows us to continue to build on this progress and deliver on our promise of $10-a-day child care for Canadian families," Prime Minister Justin Trudeau said Wednesday.
The money, first announced in the 2022 federal budget, will be spread out over four years. The money is being allocated based on the projected population of children in each province or territory. Participating provinces and territories must first agree to certain terms and conditions.
The details of those conditions were contained in the offer made to provinces Wednesday; they were not fully released to the public. Once a province agrees to the terms, its child-care agreement with the federal government will be amended and the money will begin flowing.
A government statement said that the funding is strictly earmarked for not-for-profit regulated child-care providers. The money can be used to pay for real estate and renovations as the federal government looks to create 250,000 additional child-care spaces.
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