Wednesday, 29 May 2013

Canada Pharmaceuticals and Healthcare Report Q3 2013

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Canada Pharmaceuticals and Healthcare Report Q3 2013
May 29th 2013, 00:00

BMI View: The Canadian government''s focus on further cost-containment policies to healthcare overlooksthe sector''s function as a generator of wealth. Canada''s healthcare sector, which receives 70% of itsfunding from the government, has absorbed labour forces during the economic downturn and indirectlycreated jobs for other sectors. It has also played an important role in contributing taxes and supportingother industries'' growth. We believe that, with household consumption remaining subdued and the overalleconomy still weak in the coming quarters, the Canadian government should reassess its healthcare policiesand their potential impact on the Canadian economy....

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