Showing posts with label Steven Reidberg. Show all posts
Showing posts with label Steven Reidberg. Show all posts

Friday, March 29, 2013

Healthcare: The Canadian Fiscal Crisis
that America Would Love to Have

By Keith Edmund White
Editor-in-Chief

Canada's provinces are beginning to rein in healthcare spending, which means they are putting the breaks on near-double digit percent annual increases.  Sure, this is the beginning of a decade-delayed 'new reality' regarding raising healthcare spending.  But, as Keith White reports, if Canadian spending on healthcare constitutes a crisis, it's a crisis the United States would love to catch.

Jeffrey Simpson at The Globe & Mail highlights a big shift in how provinces are dealing with healthcare spending, and the possibility that provinces may need to start coming to gripes with containing healthcare spending.

After a decade allowing healthcare budgets to increase, all provinces, save one (i.e. Quebec), are holding back on healthcare spending.  Why?   Budgets are shrinking; healthcare costs are raising; and, after years of avoidance, provincial debts have to be reckoned with.

But the lurking sense of 'doom and gloom' in Simpson's article could easily bemuse an American observer.