Oireachtas Joint and Select Committees
Tuesday, 23 June 2020
Special Committee on Covid-19 Response
Childcare: Impact of Covid-19 (Resumed)
Ms Marian Quinn:
No, there has not been a blanket agreement. The temporary wage subsidy scheme might cover 40% of some people's costs. There might be 40% capacity and 20% of an overhead cost left for providers. They cannot afford to take that given that they are going back into business with a significant amount of debt. If they were to take some sort of retainer from parents who will not use a service because of a personal choice or because they cannot afford it, they will be left with 20% of the cost of the service and they might be in danger of needing to shut down if they were to incur more costs.
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