Can I expand just a little bit, if that's okay? Again, I'm not speaking on behalf of CGA when I talk about that day care. As she just said, they don't have a position.
It is very difficult today for us to balance our work life. One of the problems we have is a day care problem. There are very few day cares. It's hard to get your child into day care now because it's not accessible any more like it used to be, or maybe because those day care workers have gone out to work themselves, to meet the demand of the economic situation.
Some women ought to stay at home, because day care is very expensive. No disrespect to anyone, but a child tax credit or whatever it is— have six grandchildren—that $1,200 that a family gets per child and you can't put a child in day care for $100 a month. So if you use that on economics of scale, a woman goes out to work and—let's just keep it simple—she makes $12 an hour, but she puts her child in day care, and that's costing her $7 an hour. So her net return is only $5, because day care is no longer affordable.
What happens is that it is cheaper most of the time for a working woman or a woman who's chosen to work to stay at home, but then that creates other problems. So you are correct that our vision should be that we should be looking at affordable day care and what the government can do to help facilitate that.
What's going to happen is, if you look at us aging baby boomers, we're going to leave the market, so that means down the road, let's say in 2030, only four women are going to be in my sector. So what you have to deal with, as a government, is that you are going to have stress and pressure on our young. How are they going to sustain our economy? We need to look at that sooner rather than later, which is affordable day care. We need to provide or find spaces.
So you can approach it through individual taxation, and I'm not going to say I'm a tax expert, or you can have incentives to help people set up day cares that are affordable.
Does that help you?