Company brings for-profit daycare to Toronto apartment buildings

Adrian Morrow, Globe and Mail

Daycare company Edleun is teaming up … to bring … new childcare spots to apartment buildings. …

Edleun will convert common areas, pools or other spaces in buildings owned by the Canadian Apartment Properties Real Estate Investment Trust (Daycare company Edleun) into childcare facilities….

Critics of for-profit daycare argue money-making care in general is inferior to the non-profit variety because earnings that could otherwise be funnelled back into the service must be used to pay dividends.

“It’s capitalizing on a crisis in childcare in Ontario – why don’t we have childcare in some parts of Toronto? It’s because there’s a vacuum in public policy,” said Martha Friendly, executive director of the Childcare Resource and Research Unit….