Canada is lagging the world in spending on early childhood education — and it's going to cost the economy in the long run, a new report from the Conference Board of Canada suggests. In a paper published Thursday, the think-tank argues that for every dollar spent on early childhood education programs, the economy gets about $6 worth of economic benefits down the line. "Many people see investments in early childhood education as glorified babysitting," Alexander said. Early childhood education programs help families by giving them the option of two income providers. Alexander says early childhood education is one of the best tools policy makers have at their disposal if they want to make a more equitable yet growing economy.

Source: CBC News October 27, 2017 15:22 UTC