Average cost of generic prescription drugs in Canada more than double U.S. price

[RobJohnson]

TORONTO, June 16 /PRNewswire/ - Prices for generic prescription drugs in
Canada are more than twice as high as those in the United States according to
a new study from independent research organization the Fraser Institute.

    The study, Canada's Drug Price Paradox 2008, found that Canadian prices
for generic prescription drugs in 2007 were on average 112 per cent higher
than U.S. prices for identical drugs in 2007. In 2003, Canadian generic
prescription drugs were 78 per cent higher than identical U.S. generics.

"Canadians are paying more than Americans for generic drugs because
Canadian government policies are insulating generic drug companies and
pharmacy retailers from normal, competitive free market forces that would put
downward pressure on prices for generic drugs," Skinner said..

http://www.reuters.com/article/pressRelease/idUS83693+16-Jun-2008+PRN20080616

Imagine that! With no free market due to socialized healthcare, costs go up!

[SSG Snuggle Bunny]

Boy! That's just what we need here in America to teach those evil drug companies a lessen![/obamaite]

[RobJohnson]

Boy! That's just what we need here in America to teach those evil drug companies a lessen![/obamaite]

Good point!

[jinxmchue]

But!  But!  Walmart is evil!!!

[djones520]

I just spent a week in Vancouver.  That was enough time to convince me to never ever live in Canada.  Cost of living is so much higher there, the fuggin taxes they pay is absolutely ridiculous.  No thank you.

[jinxmchue]

I just spent a week in Vancouver.  That was enough time to convince me to never ever live in Canada.  Cost of living is so much higher there, the fuggin taxes they pay is absolutely ridiculous.  No thank you.

More government = more taxes.

And the liberals here in America think that's good for some silly reason.