Parents who prefer informal daycare are excluded from the federal child care program.
canada child benefit
Under the CCB, the share of total child benefit spending for families with incomes under $60,000 declined from 42.9 per cent to 29.7 per cent.
The program will cost a projected $27.2 billion this year.
The plan calls for $27.2 billion over the next five years to reduce daycare costs.
The government offset the benefits of the lower tax rate by eliminating tax credits.
This year's federal budget deficit will reach an estimated $381.6 billion.
Per-person federal government program spending will reach an estimated $16,350 in 2020.