Ontario’s new funding formula is, of course, new. To be implemented in January 2025. So, everyone is feeling around it like the proverbial seven blind men around the elephant. There are different opinions depending upon which part you are touching. What we do know for sure is that this is a cost-based funding formula, seeking to take into account the different cost situations facing different child care centres. It will replace the revenue-replacement model which began in March 2022, which was based only on what parent fees were charged by a centre, not on their costs. For many centres, the …
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