Why would Canadian firms close shop just because the government was forcing price controls on them if they believed that price controls were a public good?
Because if they actually are private unsubsidized firms, they have to run a profit. "Public good" be d***es if you can't pay your suppliers and workers.
I DO notice fresc conpletely dodged the question about all those Canadian vaccine makers. Convenient.
Canada does not have the problem with rabid tort lawyers yet.
Does the Canadian legal system even allow such to exist? This is a function of legislated economics. Tight caps and no class action suits pretty much wipe out that industry. According to fresc, apparently Canada has at least the caps. Of course, he didn't back his claim; just made it.
MONTREAL (CP) - A secure supply of vaccines to protect against a rogue's gallery of diseases will be increasingly uncertain unless new partnerships are developed among the people who buy, deliver and make them, an industry executive warned Wednesday.
And those partnerships will require public investment, said Robert Van Exan, director of immunization policy for vaccine giant Aventis Pasteur.
Prices, especially in Canada, are too low, he suggested. And with 80 per cent of the world's supply of vaccines made by five companies, production problems in one can, do, and will cause global shortages.
cnews.canoe.ca
"Vaccines are the most cost-effective medical interventions we have. And if they cost 10 times more than they cost today, they would still be the most cost-effective medical intervention we have."
Didn't somebody say Canada already HAD the most cost-effecrive system around? |
