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February 13, 2013

New Brunswickers carry a $78 billion fiscal burden – the higher tax bill for increased healthcare costs over the next half-century – and should prepare now for the coming demographic squeeze, says a report released today from the C.D. Howe Institute. In “Managing Healthcare for an Aging Population: New Brunswick’s $78 Billion Question,” authors Colin Busby and William B.P. Robson recommend that New Brunswick prefund selected healthcare services and benchmark against other provinces to get better health bang for its tax bucks, particularly in regard to its relatively high spending on seniors’ programs and hospitals.

Colin Busby

Colin Busby currently serves as directeur des politiques et du développement at HEC Montréal.

William Robson

Bill Robson took office as CEO of the C.D. Howe Institute in July 2006, after serving as the Institute’s Senior Vice President since 2003 and Director of Research from 2000 to 2003. He has written more than 270 monographs, articles, chapters and books on such subjects as government budgets, pensions, healthcare financing, inflation and currency issues.