Freeland, who is taking part this week in meetings of the Group of Seven leading industrialized nations and the International Monetary Fund, said U.S. Vice President Kamala Harris and Treasury Secretary Janet Yellen had told her they saw early learning and child care as a driver for economic recovery. “It is a surefire way to drive jobs and economic growth … you have higher participation of women in the labor force,” Freeland said. “My hope … is that being able to make that economic argument as well is going be to one of the ways that we get this done.” ($1=1.2560 Canadian dollars) (Reporting by David Ljunggren; Editing by Leslie Adler)
Canadian governments of various stripes have mused about a national childcare program for decades but never acted, thanks in part to the cost and also the need to negotiate with the 10 provinces, which deliver many social programs. The budget is set to be a springboard for an election that Liberal insiders say is likely in the second half of the year.
Suggestion For You:
Freeland said a childcare program would help counter “an incredibly dangerous drop” in female employment since the start of the pandemic. “I really believe COVID-19 has created a window of political opportunity and maybe an epiphany … on the importance of early learning and childcare,” Freeland told a online convention of Canada’s ruling Liberal Party.
Source finance.yahoo.com
The News Highlights
- Pandemic, an opportunity to bring national daycare centers
- Check the latest News news updates and information about business, finance and more.