November 5, 2018
Province Invites Applicants for Child Care Centre Development Tax Credit
The Manitoba government is inviting private-sector businesses to apply for the new Child Care Centre Development Tax Credit, Finance Minister Scott Fielding and Families Minister Heather Stefanson announced today.
“This innovative tax credit supports partnerships with the private sector to encourage more child-care spaces for Manitoba families who need them,” said Fielding. “We introduced this refundable tax credit to stimulate the creation of licensed child-care centres in work places, which helps businesses create strong community connections and meet employees’ needs.”
The ministers announced the first project to be eligible for the tax credit, which was created as part of Budget 2018. The province will provide $740,000 to help create 74 new child-care spaces at a non-profit centre being built by Qualico in Sage Creek.
“The new centre in southeast Winnipeg means more families will have access to quality child care closer to where they live or work,” said Stefanson. “This will benefit Qualico employees and Sage Creek families, and serve as a model for other projects across Manitoba under the new tax credit.”
Construction started this fall on the centre at 215 Boulevard des Hivernants North. It will accommodate 16 infant and 58 preschool spaces, and feature an extended outdoor play area next to the Sage Creek nature trail. It was noted the centre is expected to open in spring 2019.
“New communities and today’s workforce require child care,” said Eric Vogan, vice-president of community development, Qualico. “The province created a solution to help advance this project and we look forward to opening day.”
Manitoba’s Child Care Centre Development Tax Credit is available for corporations that are not primarily engaged in child-care services. It provides approved applicants $10,000 for each new licensed infant or preschool space created after March 12, 2018, and before 2021, claimable over five years.
The ministers noted the number of spaces under the program is currently limited to 200, but this may increase over time. Information about the Child Care Centre Development Tax Credit is available at www.gov.mb.ca/fs/childcare/resources/centre_dev_tax_credit.html.
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