Drug Expenditure in Canada, 1985 to 2007

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Total drug spending in Canada is estimated to have reached $26.9 billion in 2007, according to figures released today by the Canadian Institute for Health Information (CIHI). This represents an estimated annual growth rate of 7.2%, an increase of approximately $2 billion over 2006. Spending on prescribed drugs continues to grow faster than spending on non-prescribed drugs and is estimated to have reached 84% of the total drug bill in 2007. The annual growth rate for prescribed drug spending in 2007 (7.5%) is expected to be lower than it was between 1997 and 2006, when the average annual growth rate was 10.5%.  Available on-line.