ChildcarePublished on May 25, 2018
In recognition of the high cost of childcare in Ontario, Doug Ford will introduce a new Ontario Childcare Rebate to pay up to 75% of a family’s childcare expenses, or up to $6,750 per child.
This fully refundable rebate will work on a sliding scale, covering 75% of childcare costs for low-income families, and gradually decline to 26% for families with an income of $150,000 or higher.
In contrast to the Liberals, this policy saves families more money over the lifetime of the plan, and provides greater flexibility for families to choose the childcare option that best meets their needs.
- The Liberal plan offers free childcare for children aged two and a half to kindergarten and may only save a family roughly $34,000 over the lifetime of coverage.
- By contrast, the Ontario PC plan covers children aged 0-15 and could save families up to $74,250 over the lifetime of the policy.
- Further, the Liberal plan dictates your child care option, as parents can only select from licensed child care spaces in order to be eligible.
- The Ontario PC plan offers greater flexible to parents: families can select from a variety of eligible childcare options, including licensed and independent childcare spaces, babysitters, nannies, after school recreational programs, and a range of other options, as long as it enables the parent to go back to work.
- The Ontario PC childcare plan begins on January 1, 2019, in contrast to the Liberal plan which starts in 2020.