Why investors are flocking to the daycare business
The federal government’s $30-billion pledge to bring daycare costs down to $10/day and to create 250,000 new spaces by 2026 isn’t only attracting families, it’s also getting attention from investors. As the government seeks to make more spaces, for-profit centres are quickly expanding to meet targets. The Globe’s Dave McGinn, and The Globe’s independent business reporter, Chris Hannay, explain the appeal and why child care advocates are concerned. Questions? Comments? Ideas? Email us at [email protected]
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Show Notes
The federal government’s $30-billion pledge to bring daycare costs down to $10/day and to create 250,000 new spaces by 2026 isn’t only attracting families, it’s also getting attention from investors. As the government seeks to make more spaces, for-profit centres are quickly expanding to meet targets.
The Globe’s Dave McGinn, and The Globe’s independent business reporter, Chris Hannay, explain the appeal and why child care advocates are concerned.
Questions? Comments? Ideas? Email us at [email protected]
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