Trudeau promises low-cost loans to expand child care spaces

Prime Minister Justin Trudeau said his government will set aside $1 billion to provide low-cost loans for expanding and renovating child care spaces.

It’s the latest in a series of pre-budget announcements largely aimed at voters aged 40 and under, as Trudeau attempts to address cost-of-living concerns and turn around his sagging poll numbers.

Trudeau’s government launched a national child care program in 2021, pledging $30 billion over five years, but it’s been criticized by some providers and provincial governments for insufficient funding and long waitlists.

“Not enough families have access to affordable child care spaces – so we’re building more,” Trudeau’s office said in a news release.