Wonderful Post on SH Jim!
I hope you don't mind that I snip and tuck it here.
But here's the rub: HC professes to offer a service to both the people of Canada, and the companies it regulates. It obtains funding from both of these sources.
It proposes deadlines that it does not meet, and after it fails to meet them, it then requires the "regulated" company to jump through more nonessential hoops. Presumably this expensive process will be repeated until FDA approval is/is not granted.
I'm not the first on this thread to propose this: why don't we just link to approval by others, and dispense with this expensive and wasteful sham?
I am not disagreeing with the sense of your post. What I'm asking is: if what you say is true, why should we pay, as investors and taxpayers, for a service that HC, on its own, independent initiative never intends to perform?
It's a huge fraud.
The entirely reasonable scenario that you have proposed raises as many questions as it answers, unfortunately.
Unfortunately, the explanation also does little to change my perception of the possibility of political interference.
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