Budget 2015 clearly shows that B.C. can afford to start implementing the $10/day child-care plan
now -- and it can choose to do so without raising taxes, without cutting vital programs and services, and without going into deficit. A short and simple analysis, summarized below, provides one example of how investment in child care could be gradually introduced. With implementation phased in over 10 years and very conservative estimates of early returns to government, B.C. can still achieve surpluses throughout the budget period -- surpluses which could also be used to enhance other services. However, instead of implementing the $10/day child-care plan, the B.C. government has chosen to leave our youngest children in unregulated, unmonitored care settings, and skilled, experienced women out of the paid labour force. Government has also chosen to ignore the advice of TD Bank Chief Economist Craig Alexander
, who assessed the "unquestionable" benefits of early learning for children, parents and the economy and recommended that governments prioritize investing in child care "as their finances move back into balance."