BC and the federal government have reached an agreement on funding for 10-dollar-a-day child care

Prime Minister Justin Trudeau and Premier John Horgan say BC and the federal government have reached an agreement on funding for 10-dollar-a-day child care.

Speaking in Coquitlam this morning, Horgan and Trudeau say the two governments have agreed to reach 10-dollar-per-day spaces for children under six before 2026.

Trudeau told a news conference in Coquitlam the agreement will bring the cost of regulated daycare in the province down significantly.

The pact would create as many as 30-thousand spaces in BC while cutting fees in half for regulated spaces by next year.

BC is the first province to accept the federal proposal of subsidized childcare offered in the last federal budget.

The agreement makes B-C the first province to sign on to the Liberal offer laid out in the April budget, which pledged 27.2 billion dollars over five years, starting this fiscal year, in new spending on subsidized daycares.