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Author Topic: Investing in child care now will pay off later  (Read 1395 times)

Offline CareDC

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Investing in child care now will pay off later
« on: October 03, 2008, 10:53:05 AM »
Heavy public investment in health care and education are not yielding expected results. Projected childhood health trends will manifest in an epidemic of chronic disease in adulthood. International evaluations show that 30 to 40 per cent of our children reach adulthood without the reading and math skills they need in an information society. The problem is not the quality of our public systems. Clinics and schools are simply unable to fully compensate children for vulnerabilities embedded in early childhood.

Countries with better health and literacy outcomes than Canada have one thing in common: They all prioritize their youngest children. Canada does not. Of the 20 countries in a 2006 study by the Organization for Economic Co-operation and Development, Canada ranked last in total spending on families with children, including tax measures, income transfers, paid parental leave and preschool and parenting programs. Canada devotes 45 per cent of its GDP per capita on those 65 and over but only 3.4 per cent on those under 5. By comparison, Sweden and Finland, both healthy market economies, spend about 20 per cent of their per capita GDP on the young while still supporting retirees.


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