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Home > Why Canada can’t work without good child care: How early childhood education and care supports the economy

Why Canada can’t work without good child care: How early childhood education and care supports the economy [1]

Martha Friendly
31 Aug 2008
4pp

 

Many economists argue that government spending on people should not be contracting when the economy needs stimulation . Failing to invest in people - especially through investments like good quality early childhood education and child care - is bad economics. The evidence shows that universal community-based systems of high quality early childhood education and care (ECEC) are part of the backbone of strong economies: ECEC has short-term, medium-term and long-term economic and social impacts on children, their parents, the labourforce, local economies and the larger economy.

The benefits of accessible, good quality early childhood education are far-reaching. The following BRIEFing Note discusses the economic benefits, including competitiveness; economic and social returns; keeping families out of poverty; women's workforce participation, education and training; strengthening of local economies; and, combating a diminishing labour force.

Download this BRIEFing NOTE

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PDF icon Why Canada can’t work without good child care: How early childhood education and care supports the economy [4pp] [2]106.09 KB
Tags: 
mother's labour force participation [3]
economy [4]
BRIEFing NOTES

Source URL (modified on 27 Jan 2022):https://childcarecanada.org/publications/briefing-notes/08/09/why-canada-can%E2%80%99t-work-without-good-child-care-how-early-childhood-

Links
[1] https://childcarecanada.org/publications/briefing-notes/08/09/why-canada-can%E2%80%99t-work-without-good-child-care-how-early-childhood- [2] https://childcarecanada.org/sites/default/files/BN_ecec_and_economy.pdf [3] https://childcarecanada.org/taxonomy/term/8142 [4] https://childcarecanada.org/category/tags/economy