People should love this policy. It literally creates a bigger tax base.
Using data from the Canadian Vital Statistics Birth Database and from the Labour Force Survey (LFS), this study examines the relationship between fertility rates and labour force participation among women aged 15 to 44 in Ontario and in Quebec between 1996 and 2016, two provinces that followed...
www150.statcan.gc.ca
- After four decades of similarity, fertility rates have been slightly higher in Quebec than in Ontario since 2005. In 2016, Quebec’s total fertility rate was 1.59 children per woman, while Ontario’s was 1.46.
- The difference was mostly driven by women in their twenties, who tend to have more children in Quebec than in Ontario. This is partly because the proportion of women in their twenties who are in a couple is higher in Quebec (39%, versus 28% in Ontario in 2016).
- As fertility rates increased in Quebec, the labour force participation of women aged 15 to 44 also increased, exceeding that of women in Ontario after 2003. In 2016, the participation rate of women was 81% in Quebec, compared with 75% in Ontario.
- Most of the relative increase in female labour force participation in Quebec occurred among women with young children. Between 1996 and 2016, the labour force participation rate of women whose youngest child was under the age of 3 increased by nearly 20 percentage points in Quebec, compared with a 4 percentage point increase in Ontario. The Quebec–Ontario difference was smaller among women without children under the age of 13.
- Changes in the composition of the population of women aged 15 to 44 and differences in real wage growth for this population do not explain the divergent trends observed in female labour force participation in Quebec and Ontario after 1996. At the same time, the costs associated with child care and housekeeping services grew less in Quebec than in Ontario over the period.
So take women, between the ages of 18-44, and have 81 percent working as opposed to 75 percent.
There are 6.77 million women between the ages of 18-44 in Canada.
Take out quebecs 26 percent of the population, 5m even, more or less.
so if 75 percent, going off ontarios numbers, are working, you have 3.75m women working.
bring that up to 81 percent, you're at 4 million.
250,000 more women. The national average salary in Canada is 54,600, so that's an extra 13.6 billion dollars in economic activity annually. Not including all the money saved by those who are dropping 20k a year on childcare.
I wonder if you feel this way about PEI,NS, NB.