Posts Tagged ‘budget’

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“Not broken, just underfunded”: for-profit care won’t reduce wait times, CCPA report says

Wednesday, November 15th, 2023

“Ontario does not lack the physical space and equipment to improve wait times for surgeries and medical imaging; what is missing is the health care workforce and funding necessary to do the work.” … Ontario is set to repeat the mistakes of Alberta, a province that saw wait times increase and total surgical volumes decline as public funding and staffing were diverted into investor-owned centres.

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Want financially stable universities? Provide the investment students and faculty deserve

Tuesday, November 14th, 2023

… the financial stability of post-secondary education is in crisis without an increased investment in post-secondary education from the province… our province already having the lowest investment per student across all of Canada… questions remain around what a “successful” post-secondary system looks like to the provincial government… Universities require more investment because they are major economic drivers for the communities in which they operate.

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Family doctors are suffering and so are their patients

Monday, November 13th, 2023

The money that family doctors make is at the very bottom of the range of all physicians’ pay… when we are responsible for all the overhead costs of operating a clinic, which are rising every year, and our fees don’t increase to keep up, the difference has to be made up somewhere and it comes out of the doctor’s pocket… it is getting harder and harder to operate a financially sustainable family medicine practice.

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Ontario launching infrastructure bank with $3B in public funding

Friday, November 3rd, 2023

Ontario is proposing to launch its own infrastructure bank – with an initial $3 billion in public funding – in order to help foot the bill for long-term care homes and transportation projects, as slowing economic growth has the province sinking deeper into the red… the bank will attract trusted institutional investors to help finance essential infrastructure that would not otherwise get built,”…

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The Liberals have a chance to make headway on pharmacare. They should seize the opportunity

Thursday, November 2nd, 2023

Hoskins had recommended that a universal program begin with essential medicines, which would initially cost the government $3.5 billion to $4.5 billion. The NDP insists on a single-payer universal system but acknowledges it can’t be done in one fell swoop. It has demanded that timelines for progress be enshrined in legislation. If all this leads to a “foundational” piece of legislation and a firm road map going forward, that will be welcome and significant progress in a time of economic uncertainty.

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Budget officer estimates cost and savings of single-payer pharmacare

Thursday, October 19th, 2023

The PBO says, “Upon the implementation of a single-payer universal drug plan… we estimate the incremental cost to the public sector (that is, federal and provincial governments) combined to be $11.2 billion in 2024-25, increasing to $14.4 billion in 2027.” In terms of the economy as a whole, the PBO estimates cost savings on drug expenditures of $1.4 billion in 2024-25, rising to $2.2 billion in 2027-28.

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Indian students outpace Ontario government in funding colleges: report

Sunday, September 17th, 2023

“Indian students not only contribute twice the amount of money to the college system, on aggregate, that Canadian students do, they also contribute slightly more than does the Government of Ontario.”… as Ontario has frozen and reduced tuition for domestic students, colleges have made up for it by accepting more international students… this has led to municipalities struggling to provide housing, transit and social services for the increasing population.

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Investing in university infrastructure is an investment in the future

Thursday, August 31st, 2023

… with flat tuition revenue in Ontario, universities have dwindling funds to launch large capital projects, even in partnership with private corporations or donors, as these partnerships often require the institution to come to the table with matching funds… An investment in the infrastructure of our universities is an investment in our communities and the future prosperity and well-being of all Canadians. We cannot afford to defer this any longer.

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Time for Ford to act on Ontario’s reliance on international students for post-secondary funding 

Wednesday, August 30th, 2023

The government’s failure to properly fund post-secondary is the root cause of the burgeoning international student population and the strain it puts on housing… What it needs to do is reduce the system’s reliance on those students’ fees by reducing their numbers and making up the difference itself. That would help both the housing market and the stability of post-secondary education.

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To fix Canada’s health care, a hard economic truth must be acknowledged 

Tuesday, August 29th, 2023

… a) when public health care was first rolled out, there were limited complex interventions available; b) what could be done was relatively inexpensive; and c) given shorter lifespans, there was simply less time for a patient to require the higher-cost care commensurate with advanced age. In that context, funding health care out of general tax revenues has become increasingly hard – and will eventually be unsustainable.

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