Canada Pharmaceuticals & Healthcare Report Q3 2013 - New Market Report
The Canadian government's focus on further cost-containment policies to healthcare overlooks the sector's function as a generator of wealth. Canada's healthcare sector, which receives 70% of its funding from the government, has absorbed labour forces during the economic downturn and indirectly created jobs for other sectors. It has also played an important role in contributing taxes and supporting other industries' growth. We believe that, with household consumption remaining subdued and the overall economy still weak in the coming quarters, the...
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