Prepared for Vidit A. | Delivered August 30, 2019
Market Analysis - Daycare, Ontario
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Provide an overview of the daycare market and business opportunity in Ontario, Canada, including data points such as customer demographics, business financials (with real examples), regulation, market demand, etc.
The daycare market in Canada is estimated to be worth a total
, with over
operating businesses and a projected
CAGR of 3.5%.
According to the Government of Ontario, there were 5
,437 licensed childcare centers
in the province as of 2018, with
427,032 available spaces
Child care fees in Ontario range from
$66 per day to $21 p
er day, with the highest fees for infants and the lowest fees for school-aged children.
are very common at child care centers across Canada, and in Toronto an estimated
of child care centers maintain a wait list. The Government of Ontario estimates that there are only enough licensed child care spaces available for
of Ontario's children.
are common across Canada but they were banned in Ontario in 2016.
43% of parents
use child care. Of these,
use home daycare,
use daycare centers, and
use private care. About
half of parents
in Ontario rely on before and after school care programs for their school-aged children.