Aging Population = Record Health Costs

Canada's health-care spending is expected to reach its highest level ever - $171.9-billion this year, or $5,170 per person - growing faster than the economy and outpacing inflation and population growth, new figures show. The Canadian Institute for Health Information study, released yesterday, found health spending is expected to reach 10.7 per cent of the country's gross domestic product, attaining highest-ever status in that category and leaving the country's beloved medicare vulnerable to cuts at a time of economic turmoil.

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