Ontario has reached a $13.2 billion agreement with the federal government that will lower fees for families and deliver an average of $10 a day child care by September 2025.

As a first step, all Ontario families with children five years old and younger in participating licensed child care centres will see their fees reduced, up to 25 per cent, to a minimum of $12 per day, retroactive to April 1, 2022.

In December 2022, parents will see another reduction. In total, fees for families will be reduced in 2022, on average, by 50 per cent, relieving parents of $1.1 billion in child care costs. Families will see further fee reductions in September 2024, culminating in a final reduction to an average of $10-a-day child care by September 2025.

“From day one, I said our government wouldn’t sign a deal that didn’t work for Ontario parents and I’m so proud of the work we’ve done with our federal partners to land an agreement that will lower costs for families across the province,” said Premier Doug Ford.

“Given how complex Ontario’s child care system is, we wanted to get this right. Today, we’re delivering a deal that will keep money in the pockets of hard-working parents,” Premier Ford continued.

Additionally, this agreement supports the creation of 86,000 more licensed child care spaces to address increasing demand, including more than 15,000 licensed child care spaces created since 2019.