High-quality daycare closing as free lease ends

Jul 15, 2014

More than 40 Toronto families are scrambling to find daycare after a long-standing non-profit centre in the city’s financial district is being forced to close. The 72-space Scotia Plaza Child Care Centre on King St. W. has been operated by George Brown College since 1989. Under an agreement between the city and the building’s developer, the bank tower was allowed extra density in exchange for free child care space for 25 years. But now that the time is up, the building’s property manager, Dream Unlimited Corp., wants to rent the space to a for-profit child care chain. The college has until the end of November to move out.

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