To complement that point, the report puts a lot of emphasis on carrying out a microeconomic simulation to estimate, should countries really be serious in meeting the UN sustainable development goals in terms of health, education, gender equality and decent work, the creation of decent care jobs. What it would take to deal with all the current care deficits in terms of child care and health care? The pandemic has been such a magnifier of this care deficit, in terms of social work and long-term care.
We did this exercise and found that taking a high-road approach, so meeting care needs and creating good jobs by 2030, which is when countries have to meet the sustainable development goals, will result in the creation of millions of jobs. We estimated that 120 direct jobs and almost 150 indirect jobs would be generated by investing in education, health and social work.
We also have specific data for Canada. Should Canada take a high-road approach with the care economy, this would result in the creation of almost four million jobs in this sector. When we think about what it will take to create all of these good jobs in the care economy, we know there could be a lot of fiscal recovery from this enormous investment which is needed. That is good news. If countries are really serious in filling the care gaps for the elderly and for children, this is what it takes, doubling the investment and achieving the sustainable development goals.