Health minister stresses fiscal prudence as NDP turns up the heat on pharmacare

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As Canadians wait to see details of the Trudeau government’s highly anticipated pharmacare bill, Health Minister Mark Holland is signalling that new cost estimates released last week for a universal single-payer program may be too high for Ottawa to shoulder alone.

The Parliamentary Budget Officer released new estimates showing total spending on prescription drugs under a single-payer universal drug plan would be $33.2 billion in 2024-25, rising to $38.9 billion in 2027-28.



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