This statement was presented by the Atkinson Fellow on the Future of Workers Armine Yalnizyan to the House of Commons Standing Committee on Human Resources, Skills and Social Development and the Status of Persons with Disabilities.
In her latest This Minute newsletter, Armine sizes up what Ontario's late entry to the federally-funded national Early Learning and Child Care strategy requires to make it a big win.
Our inflation shock is driven by supply constraints, not overdemand, and once we’re through the pandemic, price increases could fall back to pretty stable rates.
An as-yet unsigned child-care deal; the ongoing she-cession; labour shortages; gig work; record inflation. It’s been a tumultuous two years. Where will we go from here?
With $10.2 billion in federal funding for Ontario on the table, there is no better time to be in the business of child care, with one caveat: it’s better if you are licensed.
This nation of immigrants, the tenth-largest economy in the world, has two wishes, one of which will be granted: lower prices or better jobs. Watch what you wish for.