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Ontario introduces new funding formula for child-care, lowering parent fees by March 2026.
Ontario introduces a new funding formula for its $10-a-day child-care program, starting January 1st.
The formula will cover the true cost of providing child care, lowering parent fees from $23 to $19 (capped at $22) by March 2026.
The new formula provides a main pool of funding based on factors like spaces and regions, with additional funding for specific expenses and to create more spaces.
It aims to prevent closures and provide stability for child-care operators.
8 months ago
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