A report on the cost-benefit impact of Dr. Pascal’s proposal for an Early Learning Program was released today by the Centre for Spatial Economics. » Continue reading “Economist: Significant Economic Payoff of Early Learning Program”
The Child Care Human Resources Sector Council released a report entitled Literature Review of Socioeconomic Effects and Net Benefits: Understanding and Addressing Workforce Shortages in Early Childhood Education and Care (ECEC) Project. » Continue reading “Literature Review of Socioeconomic Effects and Net Benefits”
Written by John Bennet for UNICEF at the Innocenti Research Centre entitled Early Childhood Services in the OECD Countries: Review of the Literature and Current Policy in the Early Childhood Field. (2008), this report includes definitions of basic terminology surrounding the early childhood services sector and an overview of the investments made (and services offered) by the rich countries of the world – the member States of the Organization of Economic Co-operation and Development (OECD).
» Continue reading “Early Childhood Services in the OECD Countries”
A planned $63.5 million cut to Ontario’s child care programs would eliminate thousands of jobs and leave 7,600 children from low income families without child care.
The Centre for Spatial Economics crunched the numbers on the impact of the provincial government eliminating $63.5 million that supports child care fee subsidies for single and low-income parents.
The study shows $63.5 million in child care cuts would result in:
• The disappearance of 7,600 subsidized child care spaces for children from low-income families
• The elimination of 1,800 child care jobs and another 1,100 jobs in the related economy
• Another 3,480 jobs vacated as parents are forced to leave work because they have no other child care options;
• Growing welfare rolls as out-of-work parents turn to social assistance.
To read the press release, please click here: Ontario child care cuts hit poor kids, results in 6,400 job losses
To read the report, please click here: Early Learning Impact, Analysis of Subsidy Removal
To read our Submission, please click here: OCBCC Submission to the Standing Committee on Finance and Economic Affairs
At the Coalition, we often talk about the need for more child care from the perspective of parents. In part, that’s because we hear from so many parents desperate for high quality, affordable child care. However, columnist Carol Goar does a great job today of focuing on the incredible social and economic returns for investing in early learning.
“Daniel Trefler, who holds the Canada Research Chair in Competitiveness and Prosperity at the Rotman School of Management, believes one strong push from the corporate sector would topple both barriers.
“The business community will decide whether we have an early childhood policy in this country,” he says. “No other group has the power.”
The internationally trained economist – with postgraduate degrees from Cambridge and UCLA – has made it his mission to convince corporate decision-makers that investing in children is both responsible and affordable. He employs economics, demographics, medical science and a blizzard of statistics and calculations and a crusader’s zeal”.
To read the full article, please click here.
