Minister Daniel Vandal announces how Budget 2022 will make life more affordable for families

Child care is not just a social policy, it is an economic policy. Affordable, high-quality child care will grow our economy, get more women into the workforce, and help give every Canadian child the best start in life.

The 2022 budget provides $625 million for an Early Learning and Child Care Infrastructure Fund. This funding will allow provinces and territories to invest more in child care, including the construction of new facilities.

In Budget 2021, the federal government made a historic investment of $30 billion in five years to build a Canadaacross the early learning and child care system. In less than a year, it has signed agreements with all 13 provinces and territories. By the end of 2022, childcare costs will be reduced by an average of 50%, and by 2025-2026, childcare costs will be on average $10-per day for all regulated child care spaces, coast to coast.

The government of Canada provides Manitoba with over $1.2 billion federal funding over five years. This will bear an average fee of $10 per day for regulated child care spaces in the province in March 2023 and a 50% reduction in fees by the end of this year, which will significantly reduce the cost of child care for families across the province.

In addition, the government of Canada provides nearly $98 million in funding over four years to strengthen from Manitoba regulated child care services and provide support for the recruitment and retention of the child care workforce. As part of this investment, $19.2 million was provided to Manitoba for a one-time investment in the early childhood workforce.

Estimate

“Budget 2022 is a responsible and ambitious plan to grow our economy, create good jobs and build an affordable future where no one is left behind. For Manitobans, this means more affordable child care spaces, including right here in St. BonifaceSt. Vital for French-speaking residents and all parents. It also means more homes and better-paying jobs; cleaner air and cleaner water for our children; and a stronger, more resilient economy for years to come.”
– The Honorable Daniel Vandal, Minister of PrairiesCan

Fast facts

  • At the end of March 2026, Manitoba plans to create 23,000 new full-day regulated early learning and child care spaces for children aged six and under.
  • As part of the 2021 budget, the government of Canada made a transformative investment of more than $27 billion in five years to build a Canadaacross the early learning and child care system with provinces and territories. Combined with other investments, including in Indigenous early learning and child care, up to $30 billion over five years will be provided in support of early learning and child care.
  • Through previous investments in early learning and child care, the Government of Canada helped create more than 40,000 additional affordable child care spaces across the country before the pandemic, including more than 700 in Manitoba.
  • Budget 2022 measures to make life more affordable include:
    • Helping Canadians buy their first home, including introducing the Tax-Free First Home Savings Account and doubling the First-Time Home Buyers’ Tax Credit;
    • Launch a new housing acceleration fund that will target the creation of 100,000 net new homes over the next five years;
    • Developed a homebuyer’s bill of rights and presented a national plan to end blind auctions;
    • Ban foreign buyers from owning non-recreational residential property for two years; and
    • A multi-generational home renovation tax credit that will provide up to $7,500 in support of the construction of a secondary suite or apartment.
    • $5.3 billion over five years to provide dental care to Canadians whose family income is less than $90,000 annually, beginning with under-12s in 2022, expanding to under-18s, seniors, and persons with disabilities in 2023, and with full implementation by 2025. The program would be limited to families whose income is less than $90,000 annually, without co-payment for those under $70,000 annually in income;
    • Increasing Climate Action Incentive payments, putting more money in the pockets of eight out of ten people in provinces where the federal system applies, and means a family of four in Manitoba will receive $1,101 for 2022-2023 in Manitoba.

Associated
connections

Stay connected

Follow GrasslandsCan on Twitter and LinkedIn

Number free of charge: 1-888-338-9378 TTY (Telecommunication Device for the Hearing Impaired): 1-877-303-3388

SOURCE Prairie Economic Development Canada

For further information: Kyle Allen, Press Secretary, Office of the Minister responsible for PrairiesCan, [email protected]; Sana Mahboob, Acting Director, Policy, Planning and External Relations, PrairiesCan, [email protected]

Comments are closed.