So who are the authors of this terrible news, is it a group with no vested interest? That's hardly the case - it comes from the Canada Health Coalition, a group whose board of directors reads as a who's who of national unions. The Chairwoman is Pauline Worsfold, of the Canadian Nurses' Union; the Vice-Chair is Barb Byers, the Executive Vice President of the Canadian Labour Congress. A quick read of the directors show representations from a broad cross section of labour, including the United Steelworkers, PSAC, CUPE, to name just a few.
So what about the $715 million figure that is so often referenced? First, it is not a fact but a projection, and in my judgment a highly questionable one. Projections are based on assumptions and estimates, and these can be easily manipulated depending on the methodology.