A new report by Dr. Jim Stanford suggests that, “ELCC is a public service that quite literally ‘pays for itself.'” The report claims that economic benefits of the $10aDay program can already be measured and that they are “broadly consistent” with previous research that estimated that the economic benefit of a complete universal ELCC system “would amount to between $63 and $107 billion.”
Stanford outlines a wide range of the economic benefits of the national child care program including: female labour force participation, job creation, significantly increased earnings for ELCC workers, and GDP growth.
Read the entire report at the Centre for Future Work.