A research paper by the Canadian Centre for Policy Alternatives identified a problem… that no one can seem to explain. Since first starting to monitor child care costs in 2014, the CCPA found that the cost to Canadian families for child care have risen at three times the rate of inflation.
What that means in real dollar terms is that some parents are having to pay $1,000 more per year per child than they were just three years ago.
And while the CCPA’s comparisons only go back to 2014, chances are this isn’t an unusual blip. For example, according to the Living Wage for Families Campaign, child care costs in BC have risen 35% since 2007 while incomes only increased 10% over that same period. That’s about the same ratio as the CCPA found.
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