A vial of insulin costs far more in the U.S. than it does in Canada.
Drug prices are set by Canada’s Patented Medicine Prices Review Board which sets price caps by comparing drug prices across a group of 11 countries. The U.S. used to be included in the formula, but was removed from the group in 2022 — because U.S. drug prices are an insane global outlier.
https://en.wikipedia.org/wiki/Patented_Medicine_Prices_Review_Board
A group of Pharma companies including Pfizer and Merck have asked the Trump administration to put pressure on Canada. They are accusing the country of unfair trade practices.
American influence is the worst thing that ever happened to Canada.
Take for instance Opioids.
https://www.mironline.ca/the-opioid-crisis-a-canadian-perspective/
https://pubmed.ncbi.nlm.nih.gov/31845436/
According to a recent study, Canadian and American doctors are 7 times more likely than European doctors to prescribe Opioids after a surgery:
https://www.pennmedicine.org/news/news-releases/2019/september/patients-in-the-us-and-canada-are-seven-times-as-likely-as-sweden-to-receive-opioids--surgery
How did it happen? English-Canada doctors go to conferences with their american colleagues. They liked them. They socialized. They trusted them.
"Wow, we are so similar haha"!
"It was nice attending this conference with you. See you next year !!"
Health Canada is also responsible for this disaster.
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10310031/
Again. Health Canada largely trusts the US FDA. They attend the same conferences every single year. If the americans say something is safe, the Health Canada officials largely trust them.
The Opioid Mess is exactly what happens when you trust one of the most institutionally corrupt nation in the West because they sound friendly and speak English. Thank god Quebec doctors kept reading french newspapers and listening to french regulators. They largely avoided this Opioid plague.