The City of Toronto needs another $74.4 million from the province or more than 2,000 daycare spaces will have to be closed, the mayor’s task force on child care has found.

And that’s only a Band-Aid solution, says Councillor Giorgio Mammoliti, the task force chair.

To stabilize the system, the city needs $123 million to cover an increase in the cost of living and pay for thousands of unfunded spaces the city subsidizes.

Read more on the Toronto Star