Once again the Ontario government is meddling with generic drug prices in a vain attempt to save a few bucks. Having dug itself into an enormous fiscal hole, the province just announced it will further lower the prices it pays for the 10 best-selling generic prescription medicines to 20 per cent of their brand-name equivalents, down from the current 25 per cent.
Many people often look to Europe as an example of what Aristotle called the good lifethink of their pleasant cities and obvious regard for art and history. But heres something else Canadians can learn from Europe: how many governments there are much better at balancing the rights of private property owners with regulations that restrict property and lessen its value.
Since the early 1980s, Canadas immigration selection policies have focussed on the principal applicants highest educational achievements and language skills, explicitly to ensure that immigrants would be suitable for employment and economically successful once they arrived.
Last week the Canadian Institute for Health Information lifted the veil of secrecy surrounding the performance of Canadian hospitals with its Canadian Hospital Reporting Project, an interactive web site that measures the performance of Canadian hospitals based on 21 clinical and nine financial indicators.
This project, known by the acronym CHRP, is a bold and much awaited step toward greater patient rights, transparency, and improved health care delivery in Canada.
Here in B.C., Finance Minister Kevin Falcon reassured British Columbians that his governments 2012 budget was built on fiscal discipline and lays a firm foundation for the future. Falcon even warned of the perils of additional government taxes, spending and borrowing, calling such measures potentially catastrophic.