Market intelligence, trend analysis and forecasts for the Pharma and Healthcare industries across the regions

Industry / Canada

Health Expenditure Growth On An Unsustainable Track

October 2008 | Industry News

Provincial government health expenditure growth in Canada is unsustainable according to a new report by independent research and education organisation the Fraser Institute. Taking 10 years of historic data, the report finds that government health expenditure has grown at an average rate of 7.7% a year. This is higher than both provincial revenue (+6.3% a year) and provincial GDP growth (+6.1% a year) over the same

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