Health-care spending to reach $372B in 2024, more than $9,000 per Canadian

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Health-care spending to reach $372B in 2024, more than $9,000 per Canadian
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Canadian Institute for Health Information says projection would be a new high

The Canadian Institute for Health Information says health-care spending in Canada is projected to reach a new high in 2024.

CIHI’s national analysis predicts expenditures will rise by 5.7 per cent in 2024, compared to 4.5 per cent in 2023 and 1.7 per cent in 2022. While it’s not unusual for health expenditures to outpace economic growth, the report says this could be the case for the next several years due to Canada’s growing population and its aging demographic.

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