Edition:
United Kingdom

Allison Martell

Canadian panel calls for universal public drug coverage

12 Jun 2019

OTTAWA/TORONTO A Canadian advisory council studying prescription drug coverage said on Wednesday the federal government should create a C$15.3 billion ($11.5 billion) universal, single-payer public pharmacare system, and warned that the current system requires a major overhaul.

Exclusive: Canada told drugmakers it would limit scope of some new price rules

29 May 2019

TORONTO The Canadian government has assured the pharmaceutical industry that new features of its plan to cut drug costs would apply only to new medicines, Health Canada said, offering some relief to drugmakers even as other regulations could still lower prices of medicines already on the market.

UPDATE 3-British Columbia to be first Canadian province to switch patients to biosimilars

28 May 2019

TORONTO/MONTREAL, May 27 The Canadian province of British Columbia said on Monday that its public drug plan will switch as many as 20,400 patients from three branded biologic drugs to cheap near-copies called biosimilars, saving an estimated C$96.6 million ($71.9 million)over three years.

Ex-ministers who quit Trudeau government will run as independents in Canadian election

27 May 2019

MARKHAM, Ontario Two former ministers who quit Canadian Prime Minister Justin Trudeau's government this year over his handling of a scandal said on Monday they would run as independents in an election this October.

Mexico says deal to repeal U.S. steel tariffs could be close

15 May 2019

TORONTO Mexico is closing in on a deal to repeal U.S. President Donald Trump's punitive tariffs on steel and aluminium, a senior Mexican official said on Tuesday, potentially moving a step nearer to the ratification of a major trade deal struck last year.

Mexico says deal to repeal U.S. steel tariffs could be close

15 May 2019

TORONTO Mexico is closing in on a deal to repeal U.S. President Donald Trump's punitive tariffs on steel and aluminum, a senior Mexican official said on Tuesday, potentially moving a step nearer to the ratification of a major trade deal struck last year.

INSIGHT-RPT In Canada, a little-known drug regulator shows its teeth

08 May 2019

TORONTO, May 8 A tiny, little-known government agency is ramping up regulation of Canada's pharmaceutical industry, seeking to rein in prices for patented drugs that are among the highest in the world, according to industry sources and a Reuters analysis of government data.

In Canada, a little-known drug regulator shows its teeth

08 May 2019

TORONTO A tiny, little-known government agency is ramping up regulation of Canada's pharmaceutical industry, seeking to rein in prices for patented drugs that are among the highest in the world, according to industry sources and a Reuters analysis of government data.

UPDATE 4-Air Canada posts surprise profit despite MAX grounding; shares jump

06 May 2019

MONTREAL/TORONTO, May 6 Air Canada on Monday reported a surprise quarterly profit that sent shares up more than 5 percent in earlier trading, helped by flying more passengers and its purchase of a loyalty program, despite pressures from the grounding of Boeing's 737 MAX jets.

Toyota to produce Lexus NX for North America at Canada plant

29 Apr 2019

OTTAWA/MONTREAL Toyota Motor Corp will build its Lexus NX luxury crossover vehicle at a Canadian plant starting in 2022, the company said on Monday, a decision that Prime Minister Justin Trudeau said demonstrated the value of the country's international trade agreements.

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