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Health, as we all know, is by far the biggest part of the budget. And for years it has also been the fastest growing.... This government has reduced health-care administration costs to below the national average, and has cut the rate of growth of health spending. That is no small feat....”...
Persistent link: https://www.econbiz.de/10010822262
In 2007–2008, comparable health care expenditures stood at $425 Million. Since then, these costs have grown 7 per cent annually... [S]tatus quo growth of 7 percent per year in health care spending is simply not an option. The more we spend on health, the less we are able to address the other...
Persistent link: https://www.econbiz.de/10010822265
New Brunswickers have been clear about their priorities: they want quality, affordable health care and services for our seniors.” (2012/13 New Brunswick Budget, p. 14).
Persistent link: https://www.econbiz.de/10010822267
If we do not seize the opportunity now to begin creating a system that delivers more value for the money we spend, Ontarians a decade or two hence will face options far less attractive than the ones we face today.... [T]hey will be confronted with steadily escalating costs that force them to...
Persistent link: https://www.econbiz.de/10010822268
The health budget will continue to grow at a rate of 4.8% a year. ... [P]rogram spending growth targets have been set at 1.8% for 2013-2014....” 2013/14 Quebec Budget Speech (pp. 7 and 20).
Persistent link: https://www.econbiz.de/10010822269
No services are more important than the health and community services we deliver through our four Regional Health Authorities. This year, we will invest more than 40% of total [operating] expenditures – nearly $3 billion – in healthcare....” Newfoundland and Labrador 2012 Budget Speech (p....
Persistent link: https://www.econbiz.de/10010822270
Before the worldwide economic crisis, health care funding in B.C. was rising by an average of about seven per cent per year. Since 2009, the rate of increase has declined to about five per cent. And now, going forward, we’re looking at lifts closer to three per cent per year. Even with this...
Persistent link: https://www.econbiz.de/10010822277
Many retirees face dramatic erosion of their savings due to outdated government rules, says a new C.D. Howe Institute report. In “Outliving Our Savings: Registered Retirement Income Funds Rules Need a Big Update,” authors Alexandre Laurin and William Robson urge the government to re-visit...
Persistent link: https://www.econbiz.de/10010779308
Between 1999-2000 and 2010-11, total government program spending increased by 36.4%, from $7,505 per capita to $10,240 on a constant dollar basis. Nowhere is the need to bring expenditures and revenue into alignment more obvious and critical than in health care... with the population aging –...
Persistent link: https://www.econbiz.de/10010855060
Defined-benefit (DB) pension plans have been in trouble in recent years, largely because their sponsors have tended to underestimate their liabilities. As Canadians saving for retirement in registered retirement saving plans and defined-contribution pension plans have begun to realize, low...
Persistent link: https://www.econbiz.de/10010855064