Changes to child-care subsidy program [1]
Excerpts
The Province is making it easier for families to apply and qualify for Nova Scotia’s child-care subsidy program.
To help more families afford child care while balancing other financial priorities, eligibility criteria now hinge solely on family income and no longer consider assets like savings. Households with an annual income of $70,000 or less remain eligible and will now also be able to save for things like a down payment on a home while benefiting from the subsidy.
...
The Nova Scotia child-care subsidy program pays a portion of eligible families’ child-care expenses for children aged 12 and younger. The annual budget for the program is $25.8 million.