Sunday, 29 July 2012

Canadian Provincial Leaders United on Health Care Costs

While a National Energy Strategy showed strong division between the Premiers of British Columbia and Alberta, Canada's provincial leaders are united in their opposition to the federal governments new funding scheme. The Premiers say that the formula would cost them $36 Billion in transfer payments over ten years.
Under the Canada Health Act, the federal government mandates minimum services that must be provided, while the provinces execute the delivery of health care.
The federal government recently announced a new funding formula, which would increase federal funding by 6% through to 2017 and then the increase would be tied to economic growth plus 1%, but never less than 3%. The new funding scheme was introduced by Finance Minister Jim Flaherty without prior consultation with the provinces.  Full Story

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