20.7°C Vancouver

Nov 7, 2024 3:03 PM - The Canadian Press

Canada's health-care spending to reach $372 billion in 2024

Share On
canadas-health-care-spending-to-reach-372-billion-in-2024
The report notes that the Canadian dental and pharmacare plans could push health-care spending even further as more people who previously couldn't afford these services start using them.(Photo: The Canadian Press)

The Canadian Institute for Health Information says health-care spending in the country is projected to reach a new high in 2024. The annual report released Thursday says total health spending this year is expected to hit $372 billion, or $9,054 per Canadian. CIHI's national analysis predicts expenditures will rise by 5.7 per cent in 2024, compared to 4.5 per cent last year, and 1.7 per cent in 2022. This year’s health spending is estimated to represent 12.4 per cent of Canada’s gross domestic product. The report notes that the Canadian dental and pharmacare plans could push health-care spending even further as more people who previously couldn't afford these services start using them.

Some Royal Canadian Legion branches are struggling to keep their doors open, as they face inflation and rising maintenance costs on aging buildings. Several legions say the COVID-19 pandemic hit them hard financially and they're still struggling to recover, even if they're no longer at risk of closure. Montreal’s Verdun legion sold its building over a decade ago and now meets once a week in a rented space. The branch in Grenfell, Saskatchewan, has decided to put its building up for sale, due to what its president calls aging membership and an aging building.


Latest news

b-c-considers-new-hydroelectric-project-on-peace-river-as-electricity-demand-projected-to-rise
BCJun 16, 2026

B.C. considers new hydroelectric project on Peace River as electricity demand projected to rise

The British Columbia government is considering a new hydroelectric project in the province as electricity demand is expected to increase significantly over the coming decades. According to BC Hydro projections, electricity demand in the province could rise by about 20 per cent by 2030 and roughly 50 per cent by 2050. The utility says the trend reflects long-term growth in population and electrification across the province. Energy Minister Adrian Dix said while presenting the plan that rising electricity demand is a positive indicator for the province’s economic outlook, adding it reflects on
punjab-government-plans-1-000-crore-additional-market-borrowing-in-june
IndiaJun 16, 2026

Punjab government plans ₹1,000 crore additional market borrowing in June

The Punjab government is preparing to borrow an additional ₹1,000 crore from the market in June during the 2026–27 financial year, according to information from the state’s finance department plan. With this proposed borrowing, the total market borrowing in the first three months of the financial year would rise to ₹6,300 crore. The government had earlier raised ₹2,800 crore in April and ₹2,500 crore in May. According to the borrowing plan, the ₹1,000 crore loan will have a tenure of seven years and is intended for capital expenditure, development projects, and the implementation
WorldJun 16, 2026

Oil Prices Fall as Markets Respond to Prospects of U.S.–Iran Peace Deal

Global crude oil prices continued to decline Tuesday as markets reacted to signs of easing tensions between the United States and Iran following the announcement of a temporary peace agreement. Market data showed Brent crude fell 2.4 per cent to US$81.15 per barrel, its lowest level since March 4. The decline follows a nearly five per cent drop on Monday after U.S. President Donald Trump announced an interim agreement aimed at ending the conflict between the two countries. According to market reports, investors are increasingly confident that oil supplies will remain stable as concerns over di
police-seek-two-suspects-in-calgary-vehicle-vandalism-investigation
AlbertaJun 16, 2026

Police seek two suspects in Calgary vehicle vandalism investigation

Calgary police are searching for two suspects following an incident in which three vehicles were vandalized last week in northeast Calgary. Investigators believe the incident may be connected to ongoing extortion-related activity targeting members of the city's South Asian community. According to the Calgary Police Service, the vandalism occurred at approximately 5:15 a.m. on June 12 in the 300 block of Skyview Parkway N.E. Officers responded to reports that three vehicles had been damaged. The investigation remains ongoing. Police said the incident took place at the same location where an ext
carney-says-g7-can-no-longer-claim-sole-leadership-on-global-issues
CanadaJun 16, 2026

Carney says G7 can no longer claim sole leadership on global issues

Prime Minister Mark Carney says the Group of Seven can no longer claim exclusive leadership on major global issues, pointing to the growing influence of countries such as India and Brazil in shaping international policy and cooperation. Speaking at Trinity College Dublin during a visit to Ireland, Carney said the participation of non-G7 countries reflects a changing global order in which emerging and middle-power nations play an increasingly important role in addressing international challenges. According to Carney, broader engagement with countries outside the traditional G7 framework can hel

Related News