Harper Government Announces Major New Investment in Health Care - 0 views
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The Honourable Jim Flaherty, Minister of Finance, today announced a major new investment in health care. The new investment in health care will see funding grow to record levels from $30 billion per year in 2013-14 to $38 billion per year in 2018-19, for a total investment of $178 billion in health care over the five-year period.
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The Government also confirmed the Canada Social Transfer (CST) will continue to grow at its current rate of 3 per cent annually in 2014-15 and beyond, Equalization will continue to grow in line with gross domestic product, and Territorial Formula Financing (TFF) will continue to grow based on its current formula.
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The CHT and CST will be reviewed again in 2024.
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