I can, with pleasure.
Child care is one of those amazing policies that is smart social and economic policy. In fact, if you look at the Quebec experience, they have received more in increased revenue from income taxes than they spend on the program, so the return on investment for the broader society is astonishing.
Part of that is because parents with young children, predominantly women, can stay in or re-enter the workforce. Quebec has one of the highest rates of women with children under the age of four who are working. That has long-term impacts and financial benefits, both to the woman—who has financial autonomy and sovereignty over her finances and doesn't have that gap of a number of years when she's not earning, if that's her choice—as well to the family, because there can be greater income at a time when they're spending the most when they have a small child.
For every dollar invested in child care, we see a $1.50 to $2.80 return to the broader economy. The estimates are that when this child care program is fully implemented within the next three or four years, we're going to see billions of dollars returned to the economy, and I think it's a 2% increase to GDP.
It's huge. This is such a smart investment we can be making, because it has such positive benefits, not just economically but also socially.