Early Childhood Education has Widespread and Long Lasting Benefits (2012)

TD Economics Special Report

This literature review was prepared by the TD Economics division of TD Bank Group.

There is a great deal of compelling evidence on the benefits of early learning, the authors point out. Not only do high-quality early childhood education programs benefit children, they also have positive impacts on parents, and on the economy as a whole.

Given the unquestionable benefits of early childhood education, it follows that more focus should be put on investing in, and improving, the system. The federal, provincial, and territorial governments provide some funding for early childhood education, and have taken some steps to improve the system. Still, public spending in Canada falls short of that in many advanced economies.

While governments at all levels are in no position to boost program spending at this time given budget constraints, the authors suggest that this is one area that they should consider making a high priority over the medium term, as their finances move back into balance.

Ultimately, investment in early education can help to address core economic and social challenges facing Canada. It can help reduce poverty; address skills shortages; and improve productivity and innovation.

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APA citation
Craig Alexander and Dina Ignjatovic. Early Childhood Education has Widespread and Long Lasting Benefits 2012. Web. 5 Jul. 2022 <http://en.copian.ca/library/research/td_economics/early_childhood/early_childhood.pdf>
Craig Alexander & Dina Ignjatovic (2012). Early Childhood Education has Widespread and Long Lasting Benefits. Retrieved July 5, 2022, from http://en.copian.ca/library/research/td_economics/early_childhood/early_childhood.pdf
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