Item - 2022.EC30.8

The General Manager, Children's Services recommends that:

1. City Council receive this report for information.

This report provides an information update to City Council on the status of the Canada-Wide Early Learning and Child Care Plan and the agreement signed by the Province of Ontario and the Government of Canada. It also summarizes the key elements of the Ontario-Federal agreement including its phased approach to meeting objectives over five years, eligibility criteria to participate in the new system, and the flow of funding and implementation timelines.

There are no financial impacts arising from the recommendation contained within this report.

Children's Services will work with City finance staff to adjust its 2022 Approved Operating Budget to reflect the first year, ongoing funding commitment of $199.1 million under the Canada-Wide Early Learning and Child Care Plan, with no City impacts, through the 2022 4-month Variance Reporting process. In addition, Children's Services will report on any financial impacts specific to the City, current or future, through a report or through the City's future year budget processes, as appropriate.

The Chief Financial Officer and Treasurer has reviewed this report and agrees with the financial implications.