Daycare Facilities: A Wise Investment for Mothers and the Community

Daycare Facilities: A Wise Investment for Mothers and the Community

2024-09-10 04:00:00

The benefits provided to mothers by Quebec’s public child care network are at least three times higher than what it costs the government, a study estimates. And this economic value depends more on the number of places available than on their price.

From its beginnings in 1997 to its first freeze on the number of places in 2003, the public daycare network brought in just over $6 billion to Quebec mothers, at a net cost of $1.7 billion to the Quebec government, or about $3.50 for every dollar invested, conclude the authors ofa study the broad outlines of which are to be presented Tuesday noon before the Chair in Taxation and Public Finance at the University of Sherbrooke.

This sum of total economic benefits for young Quebec mothers is double what more traditional calculation methods would have found, argue the researchers, who in their calculations used comparisons with Ontario, where such a system did not exist.

These benefits come, among other things, from the opportunity that low-fee daycares offered mothers to return to the workforce more quickly than they otherwise would have done, as well as from not having to spend a fortune on private daycare. But this accounted for only a little over a third (37%) of the total, found micro-economist Sébastien Montpetit, one of the co-authors, with Pierre-Loup Beauregard and Luisa Carrer, of the study, which is based on his doctoral thesis at the Toulouse School of Economics.

More than just salary

The rest of the economic benefits came from “non-financial factors” that are not always easy to identify, but have an impact on people’s lives and a value that can be measured in dollars. “It’s a combination of several things,” explained Sébastien Montpetit in an interview with DutyAmong them, he says, is “the reduction in the effort required to care for children at home, the cost of which, per hour, increases the more time is spent on it in a day. And even if we take into account the fact that parents like to spend time with their children.”

And then there’s all the energy that many parents would otherwise have had to expend to find private daycare or other solutions. In this regard, having access to daycare nearby has a very high economic value.

This allows us to draw another important conclusion from the study, namely that the well-being of mothers, including economic well-being, depends less on the price of daycare spaces than on their availability and proximity, continues Sébastien Montpetit, who will pursue postdoctoral studies this fall at the University of Warwick, in England. Initially at $5 per day, then $7 and now just over $9, the price of spaces in the public daycare network thus accounts for only 16% of its economic benefits for mothers. “If we had to choose between reducing the cost of daycare services or increasing the number of spaces available close to families, the choice should be made for the latter,” summarizes the expert.

The study focuses primarily on the effects of the public childcare network on mothers, its author points out. He does not dwell long on its effects on the economic well-being or academic success of the children who benefited from it, except to observe that their economic and academic paths do not seem to have suffered or benefited much from it.

Since its inception, Quebec’s public network of reduced-fee daycares has often been cited as an example of a way to, among other things, help women participate in the labour market, give a boost to the middle class and reduce socio-economic inequalities. The Canadian federal government recently drew inspiration from it to implement a new policy in this area.

Unlike other studies, this one does not conclude that the program pays for itself through the tax revenues it generates. In fact, once the other programs and spending that the policy replaced are taken into account, its authors estimate that it cost the government a total of just over $2.6 billion between 1997 and 2003, from which must be subtracted additional tax revenues of just over $900 million, for a net cost of $1.7 billion.

If this is similar to what other experts have found before, it is a far cry from the conclusions of a study like the one conducted about ten years ago by economist Pierre Fortin and Luc Godbout, holder of the Chair in Taxation at the University of Sherbrooke. They said that for every dollar spent by Quebec on the program in 2008, it collected $1.04 in tax revenue and Ottawa collected 43¢.

Sébastien Montpetit attributes this difference in results in particular to the fact that, unlike him, the other two experts had estimated the effect of the reform not only on mothers, but also on all economic activity and its impact on direct and indirect tax revenues. Their study also did not look at the same period. “The cost structure of the program has changed a lot over time.”

To see in video

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Here’s a question related to the topic of family benefits in Quebec, specifically ‍focusing ‍on the Family Allowance payment:

Family Benefits in Quebec: Supporting Families with Children

As a parent, providing​ for your family’s needs can be a significant challenge. Fortunately, the⁣ government of Quebec offers various benefits to support families with children. In⁤ this ‌article,⁢ we’ll explore​ the Family Allowance payment, a program designed ⁤to provide financial assistance to eligible families with dependent​ children under the age of 18.

What is the⁢ Family Allowance ⁣Payment?

The ​Family Allowance payment is‌ a program offered by Retraite ⁢Québec, a government agency responsible ​for administering social programs in Quebec. The ‌program provides ⁣financial assistance to all eligible families with ‍one or more dependent children ‍under the age ⁣of 18 living with them <a href="http://www.rrq.gouv.qc.ca/en/programmes/soutienenfants/paiement/Pages/paiment.aspx”>[1[1[1[1[1[1[1[1].

How​ is the Benefit Calculated?

The benefit amount is calculated based on the family’s situation and the number ‍of dependent children. According to the Quebec government, the benefit amounts are ⁢as follows:

⁣ $1,500 for a single adult

$1,500 for a⁣ minor staying with a child

$1,500​ for a ⁢student’s spouse

$2,500 for a‌ family [2[2[2[2[2[2[2[2].

What are the ​Benefits of the ⁤Family Allowance Payment?

The Family Allowance payment provides financial assistance to families‍ to meet the basic needs‍ of their children. This benefit can be used ⁣to cover expenses such ‍as⁣ food, clothing, and education. In addition, the program helps to support families ⁣in their⁢ childcare responsibilities, enabling them to balance work and family life.

How Does the Family Allowance Payment Compare to Other Programs?

The Family Allowance payment is a unique‌ program in Quebec, providing financial⁢ support ⁣to ‍families with dependent children. ⁢Compared to ⁢other programs, such ⁤as the Canada Child Benefit, the Family Allowance payment is ⁤specifically designed for families ⁤living in Quebec.

Conclusion

the Family Allowance payment is a vital program that provides financial assistance to eligible families with dependent‌ children under the ‍age of 18. By understanding the benefits‌ and calculation of⁤ the program, families can better plan⁢ and support their children’s needs. If you’re a ‌Quebec resident with​ dependent children, explore the Family Allowance payment and other benefits⁢ available to support your ‍family.

Related Resources

Retraite Québec: Family Allowance Payment <a⁤ href="http://www.rrq.gouv.qc.ca/en/programmes/soutienenfants/paiement/Pages/paiment.aspx”>[1[1[1[1[1[1[1[1]

‍ Quebec Government: Calculating the Basic Benefit [2[2[2[2[2[2[2[2]

* MRCBM Quebec: Family Benefits in Quebec and Canada [3[3[3[3[3[3[3[3]

Here is a PAA (People Also Ask) related question for the title “The Benefits of Quebec’s Public Child Care Network: A Comprehensive Analysis”:

The Benefits of Quebec’s Public Child Care Network: A Comprehensive Analysis

Quebec’s public child care network has been a revolutionary concept in providing affordable and accessible child care to families across the province. Since its inception in 1997, the network has grown to become a model for other provinces and countries to follow. A recent study has estimated that the benefits provided to mothers by Quebec’s public child care network are at least three times higher than what it costs the government. This article will delve into the benefits of Quebec’s public child care network, its impact on mothers and families, and the lessons that can be learned from its success.

The Economic Benefits of Child Care

The study, which was presented before the Chair in Taxation and Public Finance at the University of Sherbrooke, found that the public daycare network brought in just over $6 billion to Quebec mothers, at a net cost of $1.7 billion to the Quebec government, or about $3.50 for every dollar invested [1[1]. This sum of total economic benefits for young Quebec mothers is double what more traditional calculation methods would have found. The researchers used comparisons with Ontario, where such a system did not exist

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