
August 15, 2024
Memo to Child Care Licensees - New Child Care Funding Approach
Excerpt: "Starting January 1, 2025, the new funding approach described in the new Cost-Based Funding Guideline will take effect. Cost-based funding provides support for operating costs for licensees participating in CWELCC for the delivery of child care to children aged 0-5 years. Design of the new approach was heavily guided by extensive stakeholder engagement. As a result, and as described in the new guideline, cost-based funding is guided by the following principles: Transparent: Clear and consistent approach, both locally and across CMSMs/DSSABs so that licensees know what to expect from CMSMs/DSSABs. Representative: Funding is responsive to how child care is delivered in Ontario and based on the true costs of providing child care to eligible children. Simple: Easy to understand with minimal administrative burden. Accountable: Cost control structures and safeguards ensure accountability for and equitable distribution of public funding."