Yes. What I like in that wording is the part that says that child care services of any nature are to be subject to provincial standards, especially quality standards.
It has been clearly shown that with more quality, children's development was better and more sustainable in the long term than their vulnerability. The first three or four years of life are extremely important, since children's brains are not finished developing at birth.
When a child doesn't have access to the open window provided by child care services, they remain vulnerable for the rest of their life, and it is very difficult and expensive to remedy that later.