5. The basic contribution is set at $7.30 per day. The contribution is to be paid monthly or at fixed intervals of less than 1 month, in approximately equal instalments.
This amount is indexed on 1 January of each year according to the higher of the following rates:
(1) the rate corresponding to the annual variation in the overall average Québec consumer price index without alcoholic beverages and tobacco products for the 12-month period that ended on 31 March of the second last fiscal year, as determined by Statistics Canada; or
(2) the average annual growth rate of the cost of subsidized educational childcare spaces, determined by the Minister for 4 fiscal years, the most recent ending on 31 March of the second last fiscal year.
The result is rounded to the nearest multiple of $0.05, or if it is equidistant from two such multiples, to the higher of the two.
The Minister publishes the result of the indexation by a notice in the Gazette officielle du Québec.
O.C. 583-2006, s. 5; O.C. 850-2008, s. 1; O.C. 781-2014, s. 1; S.Q. 2015, c. 8, ss. 177 and 178.