Federal budget to commit more than $2B for child care, deficit not to exceed $400B: source

DM

1st budget in 2 years to focus on shoring up pandemic supports, laying groundwork for sustainable growth Finance Minister Chrystia Freeland will deliver the Liberal government’s first budget in two years on Monday, laying out more than $2 billion for a national child-care program while keeping the federal deficit for the past year under the $400 billion mark, CBC News has learned. A senior government source who spoke to CBC News Sunday — on the condition they not be named because they are not authorized to speak publicly about the subject — said unlike the way some programs have been announced in past budgets, the forthcoming child-care announcement will not be about striking expert panels, undertaking further study or be entirely subject to negotiations with the provinces.

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