According to the 'right-leaning' Fraser Institute, "Provincial spending on health has grown faster than revenues in recent years...six out of 10 provinces are projected to spend more than 50 per cent of all available revenue on health care by 2036."
"Paying more & getting less 2008" is the Fraser Institute’s fifth annual report on the financial
sustainability of health spending by provincial governments in Canada. The report uses a moving 10-year trend analysis to measure sustainability, and examines the long-term practicability of attempts by provincial governments to deal with the unsustainable growth in health spending through "increased taxation" and centrally-planned rationing. The analysis partially exposes the degree to which Canadians are paying more for government health insurance and getting
less in return.
...."Prince Edward Island will likely take 61 years to reach the 50 per cent point with Quebec taking 86 years before it is required to spend 50 per cent of its revenues on health care. Alberta is the only province where total revenues have grown at a rate comparable to health
care spending during the past 10 years."
Commenting on this Blog entry is closed.