Federal Budget 2021: Liberals bank on child care, business aid to prod growth
The largest contributor is almost $30 billion over five years to drive down fees in licensed daycares with the goal of reaching $10 a day by 2026. That money is on top of already planned child-care spending. There is also more money for broadband infrastructure and $7 billion in cash, financing and advice to help companies adopt and invest in new technologies, which is intended to address ongoing concerns about the country's productivity gap. All that extra spending will send the deficit to $154.7 billion this fiscal year, one year after a record-smashing $354.2 billion deficit induced by ...