Thank you.
I have another question for whoever wants to pick it up.
It's quite expensive to have parents stay at home. The direct cost would be.... Right now, the rate of maternity and parental benefits is about 55% of the regular pay up to about $413 per week. That covers the first year of a child's life and it costs about $2.7 billion to Canadian workers and businesses. If you multiply that by six, it would come to about $16 billion per year, cover only about 60% of all parents with newborn babies. So if you want to cover all families, it would cost about $27 billion per year to Canadian taxpayers.
We also estimate that if all mothers with children under the age of six were to leave the labour force, the employment in Canada would shrink by 7.5%. In the long run, it would cost the Canadian economy upwards of $83 billion per year.
If you're looking at cost to the economy plus cost to taxpayers, it is substantial. I don't know whether anyone wants to respond to that.