Profit is not the cure
Learn more about PROFIT® 
Is PROFIT® the cure?
Who profits from PROFIT®
What has PROFIT® done for you?
Take action to stop PROFIT®
Join the Council of Canadians


Who profits from PROFIT®?

Corporations profit from the privatization of health care. Big time. The World Bank estimates that global health expenditures exceed $4 trillion every year. The most promising source of future profits for health-care services corporations are lucrative programs like Canada’s, which are still being delivered on a not-for-profit basis.

The North American Free Trade Agreement (NAFTA) signed between Canada and the United States is very clear – the exemption for health care, which has kept large U.S. health corporations out of Canada, applies only to a fully public system. Under NAFTA, Canada must give “national treatment” rights to U.S.-based companies to compete for health care services, if the system is opened up to for-profit interests.

The argument that a new system would be based on public-private systems in Sweden, France, Switzerland or other European countries is a complete fallacy. Private is private — no matter what country the idea is coming from – and in Canada, increased privatization would leave our public health care system vulnerable to American interests because of our trade relationship with the United States.


Council of Canadians

Home | The Council of Canadians | Links
700-170 Laurier Avenue West Ottawa, ON, K1P 5V5 CA; Tel: (613) 233-2773; 1-800-387-7177
Fax: (613) 233-6776;; © The Council of Canadians, 2006