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January 9, 2015

Prince Edward Island faces a $13 billion fiscal burden – the future tax bill for increased healthcare costs over the next half-century – and should prepare now for the coming demographic squeeze, says a report today from the C.D. Howe Institute. In “Managing the Cost of Healthcare for an Aging Population: Prince Edward Island’s $13 Billion Healthcare Squeeze,” authors William B.P. Robson, Colin Busby and Aaron Jacobs find that demographically sensitive spending threatens large increases in the province’s tax burden over time.

Colin Busby

Colin Busby currently serves as directeur des politiques et du développement at HEC Montréal.

William Robson

Bill Robson took office as CEO of the C.D. Howe Institute in July 2006, after serving as the Institute’s Senior Vice President since 2003 and Director of Research from 2000 to 2003. He has written more than 270 monographs, articles, chapters and books on such subjects as government budgets, pensions, healthcare financing, inflation and currency issues.