Canada’s Health Care Comes with a Big Pricetag
By Duane Lester • Nov 14th, 2007How long can Canada pay this price before they say: “Enough is enough.”
Canada’s health-care spending will reach $160.1 billion this year, up from $150.3 billion in 2006, says a new report.
The Canadian Institute for Health Information pegs the increase at 6.6 per cent — faster growth than the economy.
The group’s annual spending report says health-care expenditures as a share of Canada’s gross domestic product have risen slowly but steadily over five years and are expected to reach 10.6 per cent in 2007.
It always costs more than they say it will, and it will always go up in cost, never down. We already owe nine trillion dollars. We can’t afford universal health care here. We just can’t do it.
