Subsidized child careJohn Ivison: The divisive issue that might penetrate your sunny day? Subsidized child care The Liberal and Conservative proposals address parents' No. Subsidized child care Back to video That said, the release of the Conservative platform has unearthed a point of policy where the two main parties are not in violent agreement — child care. Their proposal is to convert the existing Child Care Expense Deduction into a tax credit that refunds up to 75 per cent of the cost of the child care deduction for low income families (or as little as 26 per cent for families earning more than $162,975). But this is a part of the country where child care costs can reach $20,000 a year per child.

Source: National Post August 18, 2021 09:33 UTC