Growth in healthcare spending by provinces and territories has been accelerating over the last four years as governments continue to overshoot their budget targets, says a report from the C.D. Howe Institute. In “Healthcare Spending Overshoots a Threat to Sustainability,” author William B.P. Robson warns that, while governments are typically budgeting growth in healthcare budgets that should be fiscally sustainable, actual growth in healthcare costs is outrunning what Canada’s economy and tax base can support over the long run.
April 30, 2019