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Feds can afford $3.3 billion for health, including seniors, CMA says

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A new report by the Conference Board of Canada demonstrates that the federal government can deliver meaningful support for seniors care, starting in the next budget cycle, Dr. Cindy Forbes, president of the Canadian Medical Association (CMA) said today.

 

Commissioned by the CMA, the Conference Board report provides the economic costing for three proposed federal policy measures to support seniors care, beginning in the 2016-17 federal budget cycle.

The three federal policy measures would total a $3.3 billion federal investment to support seniors care – $1.6 billion toward a demographic-based top-up to the Canada Health Transfer, $1.6 billion for catastrophic coverage for prescription drugs, and $90.8 million to make the caregiving tax credits refundable.