Thanks so much, Inspired by Reggio, for such an informative reply!

Looks like I still have a lot of research to do. I want to go the non-for-profit route because of the government grants/assistances and the ability to be pre-qualified to run a centre in a school (at least that's the case with York public school board).

I had also looked into the for-profit centres. Although the startup process is much simpler, the lease cost is the killer! Unless I own the property, there is very little room left for profitability.

Just curious though, I'd imagine the home daycares would face a lot of the issues that the centre based ones are dealing with (reduced customer base), but just on a much smaller scale?