Excerpted from plan
A Detailed Plan To Secure Jobs and Economic Growth
Securing Opportunities for Women
Canada’s Conservatives believe that all Canadians deserve an opportunity to fulfill their full potential, especially women. Canada’s jobs recovery post COVID depends on it. A recent study by Scotiabank economics estimates that, before COVID, the employment gap between men and women stood at 8% or 500,000 Canadian women. This employment gap has increased because of COVID, as the pandemic has disproportionately impacted sectors with large female workforces. COVID has reinforced gender inequality. Between February and October 2020, almost 21,000 Canadian women left the labour force while nearly 68,000 men joined. Now, more than a year into the pandemic, women who have left the workforce risk an erosion of skills which may further exacerbate the gender wage gap that existed before the pandemic. Canada’s Conservatives have a comprehensive jobs plan that starts with taking immediate action to help the hardest hit sectors - those where women have suffered disproportionately. Our policies - including our Canada Job Surge Plan and our support for the tourism and hospitality sectors - will get women back to work and help combat gender inequality.
Canada’s productivity consistently lags our G20 counterparts. According to the IMF, increasing women’s labour participation in the workforce could increase Canada’s productivity by 4% in the medium term. As the Quebec example has shown, increasing child care affordability increases the number of women who choose to work outside the home. Canada’s Conservatives will convert the Child Care Expense deduction into a refundable tax credit covering up to 75% of the cost of child care for lower income families. This will increase the support that lower income families receive by thousands of dollars per year and provide more assistance to almost all families. We will enable more women to choose to participate in the workforce. Canadian families are tired of Liberal promises and inaction. Our flexible and comprehensive approach will help all families right away and offer extra support to those who need it most.
A Detailed Plan to Lift Up Working Canadians
Supporting Families Through Better Funding for Child care
Canada’s Conservatives will support working families with children by providing increased funding for child care. The recession has hit women hardest and set back the full integration of women in Canada’s workforce. Allowing women to reach true equality in the workforce is impossible without child care. Nobody should be prevented from getting back to work because they can’t afford child care.
Canada’s Conservatives will convert the Child Care Expense Deduction into a refundable tax credit covering up to 75% of the cost of child care for lower income families. This will massively increase the support that lower income families receive and provide more assistance to almost all families. We will also pay out the deduction over the course of the year so that families do not have to pay the cost of child care and then get the money back later.
Our child care plan
Under our plan, all families with income under $150,000 will be better off, with the most significant benefit going to families with income under $50,000. The biggest boost will be to low and middle-income families - making child care significantly more affordable.
- A family with an income of $30,000 can today claim a maximum of $1,200. Under our plan they will receive up to $6,000.
- A family with an income of $50,000 can today claim a maximum of $1,200. Under our plan they will receive up to $5,200.
- A family with an income of $80,000 can today claim a maximum of $1,200. Under our plan they will receive up to $4,800.
- A family with an income of $120,000 can today claim a maximum of $1,640. Under our plan they will receive up to $4,560.
A Detailed Plan to Secure the North
Supporting Life in the North
Canada’s Conservatives recognize that work doesn’t mean a 9 - 5 office job for many people in the north. That’s one of the reasons why our child care plan emphasizes flexibility for parents, in contrast to the Liberal one size fits all approach that will shut out anyone who doesn’t fit their model.