In the majority of two-parent households with young children, both parents work.

Many of those parents hope to put their children in licensed daycares, but often find themselves at the mercy of waitling lists or high prices.

Some children thus end up in home daycares, while other parents decide to hire nannies.

In a special series airing this week on CTV News, Krista Simpson takes a look at the pros, cons and outcomes of each option.

Use the video player above to watch the series.