Canada's healthcare system is among the best and lowest cost of all industrialized countries. The cost of our statutory and employer-sponsored benefits is quite reasonable:
- Our payroll taxes are the lowest of all G-7 countries
- Employer-paid health benefits as a percentage of workers' gross pay are about 22% of what they are in the U.S. (2.1% in Canada versus 9.6% in U.S.)
- Employee benefits are lower in Canada than they are in the U.S.
- Total payments for Canadian statutory and other benefits are 25.6% of salary and wages, compared to 34.2% in the U.S.
Lower medical insurance premiums are a major reason for this Canadian advantage.
The Government of Manitoba strongly supports the practice of prevention of illness as being more physically beneficial and more cost effective than long-term medical care. Healthcare in Manitoba is directing much of its attention to pro-active healthcare. However, when medical care is required, the major task for Manitoba Health is to ensure the most up-to-date medical services are available when and where they are needed.
To discuss Economic Development in Winnipeg, please contact:
Senior Manager, Strategic Research
E: Edward Suzuki