SlideShare a Scribd company logo
1 of 12
Healthcare – Ontario – June
2017
PAUL YOUNG CPA, CGA
JUNE 25, 2017
Paul Young - Bio
• CPA, CGA
• Academia (PF1, FA4 and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com
Government Spending/Ontario
Source – Government of Ontario, Stats Canada and Federal Government of
Canada
% of Expenses /Spending
Analysis Commentary
• Harris spent close to 40% on healthcare as compare to McGuinty and
Wynne that spend approximately 38% on healthcare
• LHINs and CCAC were created but have done little in terms of improving
wait times and/or controlling of costs
• Education received more money, but we have more grads having hard
time finding jobs. Meanwhile. Ontario has significant skills gas that could
influence FDI
• Wynne pledge to bring the debt down to 26% of GDP. If Wynne were to
bring the debt down then should need to reduced the debt by $10B per
year.
• Drummond report was virtually ignored and it was succinct in terms of
Ontario has spending problem. Ontario is spending from 18.5 to 17.5%
of GDP of government and only taking in 16.8% in revenue. More
taxation is not the answer
Hydro Cost - Hospitals
Source - http://www.lfpress.com/2017/03/21/hydro-london-health-sciences-centre-electricity-use-falls-but-costs-up-30-per-cent
Add Ontario hospitals to the growing list of electricity users hit with soaring prices.
NDP Leader Andrea Horwath spelled out the pain London Health Sciences Centre and other hospitals
are feeling Tuesday in the Ontario Legislature.
Citing figures obtained through access to information requests, Horwath said LHSC’s electricity bill
ballooned by roughly $2 million in the last six years even though the hospital group cut usage by 13
per cent.
“Health care is at a tipping point in Ontario,” Horwath said. “There have already been frontline
workers laid off at many hospitals, and with skyrocketing hydro bills, hospitals are being squeezed
tighter.”
Funding Cuts - Sudbury
 https://www.sudbury.com/local-news/gelinas-demands-wynne-stop-cutting-health-care-631741
“Henri Chartrand, from my riding, spent his stay at HSN first in the ER waiting for a bed, just to be moved to a
TV room,” said Gélinas. “He told me it was a humiliating, embarrassing and demeaning experience he never
wants to have to go through again.
“Unfortunately, Mr. Chartrand is just one example of literally hundreds from across the province.”
According to Gélinas, Wynne's 2017 budget underfunded hospitals by at least $300 million, further damaging
already overcrowded hospitals where patients are coping with long waits and hallway medicine.
Gelinas said the painful shortfall is going to do even more damage to hospitals already struggling after years of
cuts and underfunding by Wynne – damage that patients like Chartrand can feel.
Cuts to Nursing
 http://rnao.ca/news/media-releases/2017/05/08/evidence-highlights-danger-cutting-rns-ontario
Funding
 Healthcare comments Wynne
 https://www.facebook.com/votepatrickbrown/?fref=ts
 https://www2.deloitte.com/ca/en/pages/tax/articles/2016-2017-ontario-budget-highlights.html
 Here are the facts:
 https://www.fin.gc.ca/fedprov/mtp-eng.asp#Ontario – The federal government has given Ontario $800M
more in healthcare funding or about 6% increase in funding
 Healthcare - http://www.slideshare.net/paulyoungcga/healthcare-and-education-for-canada-analysis-and-
impact
 Harris spent more government money as % of government spending on healthcare, but no comment from
Wynne, why? http://www.slideshare.net/paulyoungcga/ontario-government-spending
 http://www.slideshare.net/paulyoungcga/provincial-transfers-and-program-spending
Funding
 Government of Ontario increase spending by $1B, but that is only about 2% growth. It is easy to spin increase
funding, but the reality healthcare has huge issues with delivery.
 http://www.fin.gov.on.ca/en/budget/ontariobudgets/2016/ch3b.html#t3-23 – Healthcare received 2% additional
funding, so where did the 4% growth from federal government go in terms money allocation?
 Trillium Healthcare - http://trilliumhealthpartners.ca/newsroom/publications/Documents/publications/annual-
report/THP%20Annual%20Report%20Presentation%202014-2015.pdf -
https://www.rvh.on.ca/rvhagm/SiteAssets/SitePages/rvhagm/2014%20Audited%20financial%20statement%20Royal
%20Victoria%20Regional%20Health%20Centre%20final%20signed.pdf. Healthcare providers are under pressure to
control expense growth as such 2% rise in funding does not offset the costs for hospitals
 Healthcare premium – Patrick Brown and the media should be asking what has happened to healthcare premium
money - http://www.fin.gov.on.ca/en/budget/paccts/2015/15_ar.html#sec4 or
http://www.fin.gov.on.ca/en/budget/paccts/2015/15_cfs.html#sec2
 Federal new money $800M
 Healthcare premium is now 3.2B
Wait Times
 https://www.fraserinstitute.org/sites/default/files/private-cost-of-public-queues-for-
medically-necessary-care-2017.pdf
People Focus / Healthcare
 https://www.cma.ca/En/Lists/Medias/16th_Annual_National_Report_Card-on_Health_Care_en.pdf
Healthcare Ranking
 http://www.cbc.ca/news/health/canada-health-report-card-ranks-b-c-1st-nunavut-last-1.2954620
Summary
 Wynne will spin the PC cut healthcare when in fact they spent% of government
dollars on healthcare
 Wynne and McGuinty created LHINs and CCAC which have been a failure -
http://www.thestar.com/opinion/commentary/2014/02/26/kathleen_wynne_must_
clean_up_homecare_mess_hepburn.html
 Healthcare wait times have not improved.
 Many hospitals are struggling with costs as such jobs have been eliminated

More Related Content

What's hot

Innovative models for community healthcare financing in Zimbabwe by Chitimbir...
Innovative models for community healthcare financing in Zimbabwe by Chitimbir...Innovative models for community healthcare financing in Zimbabwe by Chitimbir...
Innovative models for community healthcare financing in Zimbabwe by Chitimbir...
achapkenya
 
Affordable Healthcare For Americans
Affordable Healthcare For AmericansAffordable Healthcare For Americans
Affordable Healthcare For Americans
hmdevaughn
 
09nov Econimpsurvresults
09nov Econimpsurvresults09nov Econimpsurvresults
09nov Econimpsurvresults
Brian Ahier
 
Case Analysis of the Affordable Care Act power point
Case Analysis of the Affordable Care Act power pointCase Analysis of the Affordable Care Act power point
Case Analysis of the Affordable Care Act power point
Karyssa Costagliola
 
Project Assignment 2
Project Assignment 2Project Assignment 2
Project Assignment 2
Kyla Andre
 
Exploring the Growth of Medicaid Managed Care
Exploring the Growth of Medicaid Managed CareExploring the Growth of Medicaid Managed Care
Exploring the Growth of Medicaid Managed Care
Congressional Budget Office
 

What's hot (20)

Foley health ins plan 3-24-11
Foley health ins plan  3-24-11Foley health ins plan  3-24-11
Foley health ins plan 3-24-11
 
The Impact of Health Reform
The Impact of Health ReformThe Impact of Health Reform
The Impact of Health Reform
 
Health Care Reform Goes Live: The Affordable Care Act in 2014
Health Care Reform Goes Live:  The Affordable Care Act in 2014Health Care Reform Goes Live:  The Affordable Care Act in 2014
Health Care Reform Goes Live: The Affordable Care Act in 2014
 
Innovative models for community healthcare financing in Zimbabwe by Chitimbir...
Innovative models for community healthcare financing in Zimbabwe by Chitimbir...Innovative models for community healthcare financing in Zimbabwe by Chitimbir...
Innovative models for community healthcare financing in Zimbabwe by Chitimbir...
 
Obamacare in Pictures: Visualizing the Effects of the Patient Protection and ...
Obamacare in Pictures: Visualizing the Effects of the Patient Protection and ...Obamacare in Pictures: Visualizing the Effects of the Patient Protection and ...
Obamacare in Pictures: Visualizing the Effects of the Patient Protection and ...
 
Affordable Healthcare For Americans
Affordable Healthcare For AmericansAffordable Healthcare For Americans
Affordable Healthcare For Americans
 
BoomtownHCImpact
BoomtownHCImpactBoomtownHCImpact
BoomtownHCImpact
 
09nov Econimpsurvresults
09nov Econimpsurvresults09nov Econimpsurvresults
09nov Econimpsurvresults
 
Truth2 About Reform2 22 10
Truth2 About Reform2 22 10Truth2 About Reform2 22 10
Truth2 About Reform2 22 10
 
Case Analysis of the Affordable Care Act power point
Case Analysis of the Affordable Care Act power pointCase Analysis of the Affordable Care Act power point
Case Analysis of the Affordable Care Act power point
 
Project Assignment 2
Project Assignment 2Project Assignment 2
Project Assignment 2
 
Morgan stanleyfinal170516
Morgan stanleyfinal170516Morgan stanleyfinal170516
Morgan stanleyfinal170516
 
2015 Latino Summit: Health Care and the Texas Latina/o Policy Agenda
2015 Latino Summit: Health Care and the Texas Latina/o Policy Agenda2015 Latino Summit: Health Care and the Texas Latina/o Policy Agenda
2015 Latino Summit: Health Care and the Texas Latina/o Policy Agenda
 
Exploring the Growth of Medicaid Managed Care
Exploring the Growth of Medicaid Managed CareExploring the Growth of Medicaid Managed Care
Exploring the Growth of Medicaid Managed Care
 
Health Care Reform Proposals Including the President’s Plan
Health Care Reform Proposals Including the President’s PlanHealth Care Reform Proposals Including the President’s Plan
Health Care Reform Proposals Including the President’s Plan
 
US Healthcare Spend
US Healthcare SpendUS Healthcare Spend
US Healthcare Spend
 
Obamacare - The Patient Protection and Affordable Care Act - ACA
Obamacare - The Patient Protection and Affordable Care Act - ACAObamacare - The Patient Protection and Affordable Care Act - ACA
Obamacare - The Patient Protection and Affordable Care Act - ACA
 
Obamacare - Future of Healthcare War Room Slides
Obamacare - Future of Healthcare War Room SlidesObamacare - Future of Healthcare War Room Slides
Obamacare - Future of Healthcare War Room Slides
 
Us healthcare Industry Trends 2021
Us healthcare Industry Trends 2021Us healthcare Industry Trends 2021
Us healthcare Industry Trends 2021
 
The Truth About Health Reform
The Truth About Health ReformThe Truth About Health Reform
The Truth About Health Reform
 

Similar to Government policies - Healthcare- Ontario - June 2017

Blog - Healthcare - Ontario - Nurses.docx
Blog - Healthcare - Ontario - Nurses.docxBlog - Healthcare - Ontario - Nurses.docx
Blog - Healthcare - Ontario - Nurses.docx
paul young cpa, cga
 

Similar to Government policies - Healthcare- Ontario - June 2017 (20)

Progressive conservatives vs Liberal Government for Ontario
Progressive conservatives vs Liberal Government for OntarioProgressive conservatives vs Liberal Government for Ontario
Progressive conservatives vs Liberal Government for Ontario
 
2019 Election| Federal Transfers to Province| Canada | June 2019
2019 Election| Federal Transfers to Province| Canada | June 20192019 Election| Federal Transfers to Province| Canada | June 2019
2019 Election| Federal Transfers to Province| Canada | June 2019
 
Getting Ontario back to the basics!
Getting Ontario back to the basics! Getting Ontario back to the basics!
Getting Ontario back to the basics!
 
Progressive Conservatives vs Liberal Government for Ontario - April 2017
Progressive Conservatives vs Liberal Government for Ontario -  April 2017Progressive Conservatives vs Liberal Government for Ontario -  April 2017
Progressive Conservatives vs Liberal Government for Ontario - April 2017
 
Issues facing Ontario - 2018 Election
Issues facing Ontario - 2018 ElectionIssues facing Ontario - 2018 Election
Issues facing Ontario - 2018 Election
 
Ontario Liberals - Kathleen Wynne and Dalton McGuinty era - January 2018
Ontario  Liberals -  Kathleen Wynne and Dalton McGuinty era - January 2018Ontario  Liberals -  Kathleen Wynne and Dalton McGuinty era - January 2018
Ontario Liberals - Kathleen Wynne and Dalton McGuinty era - January 2018
 
Healthcare Crisis| Canada and Ontario| Analysis and Commentary| May 2019
Healthcare Crisis| Canada and Ontario| Analysis and Commentary| May 2019Healthcare Crisis| Canada and Ontario| Analysis and Commentary| May 2019
Healthcare Crisis| Canada and Ontario| Analysis and Commentary| May 2019
 
Blog - Healthcare - Ontario - Nurses.docx
Blog - Healthcare - Ontario - Nurses.docxBlog - Healthcare - Ontario - Nurses.docx
Blog - Healthcare - Ontario - Nurses.docx
 
2018 - Ontario Election - Fiscal Management
2018 - Ontario Election - Fiscal Management2018 - Ontario Election - Fiscal Management
2018 - Ontario Election - Fiscal Management
 
Ontario | Fiscal and Economic Mess| Issues that need Resolution| April 2019
Ontario | Fiscal and Economic Mess| Issues that need Resolution| April 2019Ontario | Fiscal and Economic Mess| Issues that need Resolution| April 2019
Ontario | Fiscal and Economic Mess| Issues that need Resolution| April 2019
 
Healthcare| Ontario| | Analysis and Commentary| January 2019
Healthcare|   Ontario| | Analysis and Commentary| January 2019Healthcare|   Ontario| | Analysis and Commentary| January 2019
Healthcare| Ontario| | Analysis and Commentary| January 2019
 
Fiscal and Economic Mess| Ontario| Just the Facts
Fiscal and Economic Mess| Ontario|  Just the FactsFiscal and Economic Mess| Ontario|  Just the Facts
Fiscal and Economic Mess| Ontario| Just the Facts
 
Ontario| Fiscal and Economic Mess| May 2019
Ontario| Fiscal and Economic Mess| May 2019Ontario| Fiscal and Economic Mess| May 2019
Ontario| Fiscal and Economic Mess| May 2019
 
Election 2018 - Ontario - Fiscal Management - May 2018
Election 2018 -  Ontario - Fiscal Management - May 2018Election 2018 -  Ontario - Fiscal Management - May 2018
Election 2018 - Ontario - Fiscal Management - May 2018
 
Ontario - Liberal Era (McGuinty and Wynne) - October 2017
Ontario - Liberal Era (McGuinty and Wynne) - October 2017Ontario - Liberal Era (McGuinty and Wynne) - October 2017
Ontario - Liberal Era (McGuinty and Wynne) - October 2017
 
Ontario| Fiscal and Economic Mess| April 2019
Ontario| Fiscal and Economic Mess| April 2019Ontario| Fiscal and Economic Mess| April 2019
Ontario| Fiscal and Economic Mess| April 2019
 
Ontario 2017 2018 budget – Pure Game of Smoke and Mirrors
Ontario 2017 2018 budget – Pure Game of Smoke and MirrorsOntario 2017 2018 budget – Pure Game of Smoke and Mirrors
Ontario 2017 2018 budget – Pure Game of Smoke and Mirrors
 
Canada| Public Sector vs Private Sector| April 2019
Canada| Public Sector vs Private Sector| April 2019Canada| Public Sector vs Private Sector| April 2019
Canada| Public Sector vs Private Sector| April 2019
 
Ontario - Kathleen Wynne and Dalton McGuinty era - November 2017
Ontario -  Kathleen Wynne and Dalton McGuinty era - November 2017Ontario -  Kathleen Wynne and Dalton McGuinty era - November 2017
Ontario - Kathleen Wynne and Dalton McGuinty era - November 2017
 
Fiscal Management Cycle| Ontario | Issues and Analysis
Fiscal Management Cycle| Ontario | Issues and AnalysisFiscal Management Cycle| Ontario | Issues and Analysis
Fiscal Management Cycle| Ontario | Issues and Analysis
 

More from paul young cpa, cga

Global Housing Market Analysis and Commentary- September 2023.pptx
Global Housing Market Analysis and Commentary- September 2023.pptxGlobal Housing Market Analysis and Commentary- September 2023.pptx
Global Housing Market Analysis and Commentary- September 2023.pptx
paul young cpa, cga
 
What is next for the Mining Sector.pptx
What is next for the Mining Sector.pptxWhat is next for the Mining Sector.pptx
What is next for the Mining Sector.pptx
paul young cpa, cga
 
Manufacturing Sector – United States – August 2023.pptx
Manufacturing Sector – United States – August 2023.pptxManufacturing Sector – United States – August 2023.pptx
Manufacturing Sector – United States – August 2023.pptx
paul young cpa, cga
 
Stock Market Analysis and Commentary for WE September 15 2023.pptx
Stock Market Analysis and Commentary for WE September 15 2023.pptxStock Market Analysis and Commentary for WE September 15 2023.pptx
Stock Market Analysis and Commentary for WE September 15 2023.pptx
paul young cpa, cga
 
Electricity Analysis - Canada and the OECD - June 2023.pptx
Electricity Analysis - Canada and the OECD - June 2023.pptxElectricity Analysis - Canada and the OECD - June 2023.pptx
Electricity Analysis - Canada and the OECD - June 2023.pptx
paul young cpa, cga
 
World Merchandise Trade – September 2023.pptx
World Merchandise Trade – September 2023.pptxWorld Merchandise Trade – September 2023.pptx
World Merchandise Trade – September 2023.pptx
paul young cpa, cga
 

More from paul young cpa, cga (20)

Retail Sales and Consumer Spending Analysis and Commentary - July 2023.pptx
Retail Sales and Consumer Spending Analysis and Commentary - July 2023.pptxRetail Sales and Consumer Spending Analysis and Commentary - July 2023.pptx
Retail Sales and Consumer Spending Analysis and Commentary - July 2023.pptx
 
Addressing issues with the Public Sector Governance Model.pptx
Addressing issues with the Public Sector Governance Model.pptxAddressing issues with the Public Sector Governance Model.pptx
Addressing issues with the Public Sector Governance Model.pptx
 
Global Housing Market Analysis and Commentary- September 2023.pptx
Global Housing Market Analysis and Commentary- September 2023.pptxGlobal Housing Market Analysis and Commentary- September 2023.pptx
Global Housing Market Analysis and Commentary- September 2023.pptx
 
What is next for the Mining Sector.pptx
What is next for the Mining Sector.pptxWhat is next for the Mining Sector.pptx
What is next for the Mining Sector.pptx
 
Manufacturing Sector – United States – August 2023.pptx
Manufacturing Sector – United States – August 2023.pptxManufacturing Sector – United States – August 2023.pptx
Manufacturing Sector – United States – August 2023.pptx
 
Stock Market Analysis and Commentary for WE September 15 2023.pptx
Stock Market Analysis and Commentary for WE September 15 2023.pptxStock Market Analysis and Commentary for WE September 15 2023.pptx
Stock Market Analysis and Commentary for WE September 15 2023.pptx
 
Manufacturing Sector – Canada – September 2023.pptx
Manufacturing Sector – Canada – September 2023.pptxManufacturing Sector – Canada – September 2023.pptx
Manufacturing Sector – Canada – September 2023.pptx
 
Electricity Analysis - Canada and the OECD - June 2023.pptx
Electricity Analysis - Canada and the OECD - June 2023.pptxElectricity Analysis - Canada and the OECD - June 2023.pptx
Electricity Analysis - Canada and the OECD - June 2023.pptx
 
Logistics Warehousing Transportation and Distrbution Analysis and Commentary ...
Logistics Warehousing Transportation and Distrbution Analysis and Commentary ...Logistics Warehousing Transportation and Distrbution Analysis and Commentary ...
Logistics Warehousing Transportation and Distrbution Analysis and Commentary ...
 
Retail Sales and Consumer Spending Analysis and Commentary - United States - ...
Retail Sales and Consumer Spending Analysis and Commentary - United States - ...Retail Sales and Consumer Spending Analysis and Commentary - United States - ...
Retail Sales and Consumer Spending Analysis and Commentary - United States - ...
 
How to improve the Governance Model for the Public Sector - United States - S...
How to improve the Governance Model for the Public Sector - United States - S...How to improve the Governance Model for the Public Sector - United States - S...
How to improve the Governance Model for the Public Sector - United States - S...
 
What is next for Agriculture Sector - August 2023.pptx
What is next for Agriculture Sector - August 2023.pptxWhat is next for Agriculture Sector - August 2023.pptx
What is next for Agriculture Sector - August 2023.pptx
 
Biotech Pharmaceutical Medical Equipment and Supplies - Analysis - September ...
Biotech Pharmaceutical Medical Equipment and Supplies - Analysis - September ...Biotech Pharmaceutical Medical Equipment and Supplies - Analysis - September ...
Biotech Pharmaceutical Medical Equipment and Supplies - Analysis - September ...
 
Better Public Safety Management using Analytics - September 2023.pptx
Better Public Safety Management using Analytics - September 2023.pptxBetter Public Safety Management using Analytics - September 2023.pptx
Better Public Safety Management using Analytics - September 2023.pptx
 
Stock Market Analysis and Commentary for WE September 9 2023.pptx
Stock Market Analysis and Commentary for WE September 9 2023.pptxStock Market Analysis and Commentary for WE September 9 2023.pptx
Stock Market Analysis and Commentary for WE September 9 2023.pptx
 
Workforce Planning and Employment Analysis - August 2023.pptx
Workforce Planning and Employment Analysis - August 2023.pptxWorkforce Planning and Employment Analysis - August 2023.pptx
Workforce Planning and Employment Analysis - August 2023.pptx
 
Global Automotive - Analysis and Commentary - August 2023.pptx
Global Automotive - Analysis and Commentary - August 2023.pptxGlobal Automotive - Analysis and Commentary - August 2023.pptx
Global Automotive - Analysis and Commentary - August 2023.pptx
 
Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...
Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...
Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...
 
World Merchandise Trade – September 2023.pptx
World Merchandise Trade – September 2023.pptxWorld Merchandise Trade – September 2023.pptx
World Merchandise Trade – September 2023.pptx
 
What is next for the Forestry Sector and Lumber Production - September 2023.pptx
What is next for the Forestry Sector and Lumber Production - September 2023.pptxWhat is next for the Forestry Sector and Lumber Production - September 2023.pptx
What is next for the Forestry Sector and Lumber Production - September 2023.pptx
 

Recently uploaded

原版一模一样(bu文凭证书)美国贝翰文大学毕业证文凭证书制作
原版一模一样(bu文凭证书)美国贝翰文大学毕业证文凭证书制作原版一模一样(bu文凭证书)美国贝翰文大学毕业证文凭证书制作
原版一模一样(bu文凭证书)美国贝翰文大学毕业证文凭证书制作
uotyyd
 
一比一原版(WashU毕业证书)圣路易斯华盛顿大学毕业证成绩单学位证书
一比一原版(WashU毕业证书)圣路易斯华盛顿大学毕业证成绩单学位证书一比一原版(WashU毕业证书)圣路易斯华盛顿大学毕业证成绩单学位证书
一比一原版(WashU毕业证书)圣路易斯华盛顿大学毕业证成绩单学位证书
atedyxc
 
一比一原版(Caltech毕业证书)加州理工学院毕业证成绩单学位证书
一比一原版(Caltech毕业证书)加州理工学院毕业证成绩单学位证书一比一原版(Caltech毕业证书)加州理工学院毕业证成绩单学位证书
一比一原版(Caltech毕业证书)加州理工学院毕业证成绩单学位证书
atedyxc
 
ASSESSING HRM EFFECTIVENESS AND PERFORMANCE ENHANCEMENT MEASURES IN THE BANKI...
ASSESSING HRM EFFECTIVENESS AND PERFORMANCE ENHANCEMENT MEASURES IN THE BANKI...ASSESSING HRM EFFECTIVENESS AND PERFORMANCE ENHANCEMENT MEASURES IN THE BANKI...
ASSESSING HRM EFFECTIVENESS AND PERFORMANCE ENHANCEMENT MEASURES IN THE BANKI...
indexPub
 
一比一原版(BU毕业证书)波士顿大学毕业证成绩单学位证书
一比一原版(BU毕业证书)波士顿大学毕业证成绩单学位证书一比一原版(BU毕业证书)波士顿大学毕业证成绩单学位证书
一比一原版(BU毕业证书)波士顿大学毕业证成绩单学位证书
atedyxc
 
DSP Gold ETF Fund of Fund PPT - April'2024
DSP Gold ETF Fund of Fund PPT - April'2024DSP Gold ETF Fund of Fund PPT - April'2024
DSP Gold ETF Fund of Fund PPT - April'2024
DSP Mutual Fund
 
一比一原版(UPenn毕业证书)宾夕法尼亚大学毕业证成绩单学位证书
一比一原版(UPenn毕业证书)宾夕法尼亚大学毕业证成绩单学位证书一比一原版(UPenn毕业证书)宾夕法尼亚大学毕业证成绩单学位证书
一比一原版(UPenn毕业证书)宾夕法尼亚大学毕业证成绩单学位证书
atedyxc
 

Recently uploaded (20)

amil baba in australia amil baba in canada amil baba in london amil baba in g...
amil baba in australia amil baba in canada amil baba in london amil baba in g...amil baba in australia amil baba in canada amil baba in london amil baba in g...
amil baba in australia amil baba in canada amil baba in london amil baba in g...
 
certified amil baba ,black magic specialist in russia and kala jadu expert in...
certified amil baba ,black magic specialist in russia and kala jadu expert in...certified amil baba ,black magic specialist in russia and kala jadu expert in...
certified amil baba ,black magic specialist in russia and kala jadu expert in...
 
原版一模一样(bu文凭证书)美国贝翰文大学毕业证文凭证书制作
原版一模一样(bu文凭证书)美国贝翰文大学毕业证文凭证书制作原版一模一样(bu文凭证书)美国贝翰文大学毕业证文凭证书制作
原版一模一样(bu文凭证书)美国贝翰文大学毕业证文凭证书制作
 
一比一原版(WashU毕业证书)圣路易斯华盛顿大学毕业证成绩单学位证书
一比一原版(WashU毕业证书)圣路易斯华盛顿大学毕业证成绩单学位证书一比一原版(WashU毕业证书)圣路易斯华盛顿大学毕业证成绩单学位证书
一比一原版(WashU毕业证书)圣路易斯华盛顿大学毕业证成绩单学位证书
 
一比一原版(Caltech毕业证书)加州理工学院毕业证成绩单学位证书
一比一原版(Caltech毕业证书)加州理工学院毕业证成绩单学位证书一比一原版(Caltech毕业证书)加州理工学院毕业证成绩单学位证书
一比一原版(Caltech毕业证书)加州理工学院毕业证成绩单学位证书
 
asli amil baba bengali black magic kala jadu expert in uk usa canada france c...
asli amil baba bengali black magic kala jadu expert in uk usa canada france c...asli amil baba bengali black magic kala jadu expert in uk usa canada france c...
asli amil baba bengali black magic kala jadu expert in uk usa canada france c...
 
STRATEGIC MANAGEMENT VIETTEL TELECOM GROUP
STRATEGIC MANAGEMENT VIETTEL TELECOM GROUPSTRATEGIC MANAGEMENT VIETTEL TELECOM GROUP
STRATEGIC MANAGEMENT VIETTEL TELECOM GROUP
 
The Pfandbrief Roundtable 2024 - Covered Bonds
The Pfandbrief Roundtable 2024 - Covered BondsThe Pfandbrief Roundtable 2024 - Covered Bonds
The Pfandbrief Roundtable 2024 - Covered Bonds
 
Benefits & Risk Of Stock Loans
Benefits & Risk Of Stock LoansBenefits & Risk Of Stock Loans
Benefits & Risk Of Stock Loans
 
ASSESSING HRM EFFECTIVENESS AND PERFORMANCE ENHANCEMENT MEASURES IN THE BANKI...
ASSESSING HRM EFFECTIVENESS AND PERFORMANCE ENHANCEMENT MEASURES IN THE BANKI...ASSESSING HRM EFFECTIVENESS AND PERFORMANCE ENHANCEMENT MEASURES IN THE BANKI...
ASSESSING HRM EFFECTIVENESS AND PERFORMANCE ENHANCEMENT MEASURES IN THE BANKI...
 
一比一原版(BU毕业证书)波士顿大学毕业证成绩单学位证书
一比一原版(BU毕业证书)波士顿大学毕业证成绩单学位证书一比一原版(BU毕业证书)波士顿大学毕业证成绩单学位证书
一比一原版(BU毕业证书)波士顿大学毕业证成绩单学位证书
 
kala jadu for love | world no 1 amil baba | best amil baba in karachi |bangal...
kala jadu for love | world no 1 amil baba | best amil baba in karachi |bangal...kala jadu for love | world no 1 amil baba | best amil baba in karachi |bangal...
kala jadu for love | world no 1 amil baba | best amil baba in karachi |bangal...
 
MARKETING PLAN COFFEE SHOP IN HO CHI MINH CITY
MARKETING PLAN COFFEE SHOP IN HO CHI MINH CITYMARKETING PLAN COFFEE SHOP IN HO CHI MINH CITY
MARKETING PLAN COFFEE SHOP IN HO CHI MINH CITY
 
DSP Gold ETF Fund of Fund PPT - April'2024
DSP Gold ETF Fund of Fund PPT - April'2024DSP Gold ETF Fund of Fund PPT - April'2024
DSP Gold ETF Fund of Fund PPT - April'2024
 
Tourism attractions in Lesotho katse dam
Tourism attractions in Lesotho katse damTourism attractions in Lesotho katse dam
Tourism attractions in Lesotho katse dam
 
GIFT City Overview India's Gateway to Global Finance
GIFT City Overview  India's Gateway to Global FinanceGIFT City Overview  India's Gateway to Global Finance
GIFT City Overview India's Gateway to Global Finance
 
DIGITAL COMMERCE SHAPE VIETNAMESE SHOPPING HABIT IN 4.0 INDUSTRY
DIGITAL COMMERCE SHAPE VIETNAMESE SHOPPING HABIT IN 4.0 INDUSTRYDIGITAL COMMERCE SHAPE VIETNAMESE SHOPPING HABIT IN 4.0 INDUSTRY
DIGITAL COMMERCE SHAPE VIETNAMESE SHOPPING HABIT IN 4.0 INDUSTRY
 
一比一原版(UPenn毕业证书)宾夕法尼亚大学毕业证成绩单学位证书
一比一原版(UPenn毕业证书)宾夕法尼亚大学毕业证成绩单学位证书一比一原版(UPenn毕业证书)宾夕法尼亚大学毕业证成绩单学位证书
一比一原版(UPenn毕业证书)宾夕法尼亚大学毕业证成绩单学位证书
 
Pitch-deck CopyFinancial and MemberForex.ppsx
Pitch-deck CopyFinancial and MemberForex.ppsxPitch-deck CopyFinancial and MemberForex.ppsx
Pitch-deck CopyFinancial and MemberForex.ppsx
 
Production and Cost of the firm with curves
Production and Cost of the firm with curvesProduction and Cost of the firm with curves
Production and Cost of the firm with curves
 

Government policies - Healthcare- Ontario - June 2017

  • 1. Healthcare – Ontario – June 2017 PAUL YOUNG CPA, CGA JUNE 25, 2017
  • 2. Paul Young - Bio • CPA, CGA • Academia (PF1, FA4 and MS2) • SME – Risk Management • SME – Close, Consolidate and Reporting • SME – Public Policy • SME – Financial Solutions • SME – Supply Chain Management Contact information: Paul_Young_CGA@Hotmail.com
  • 3. Government Spending/Ontario Source – Government of Ontario, Stats Canada and Federal Government of Canada % of Expenses /Spending Analysis Commentary • Harris spent close to 40% on healthcare as compare to McGuinty and Wynne that spend approximately 38% on healthcare • LHINs and CCAC were created but have done little in terms of improving wait times and/or controlling of costs • Education received more money, but we have more grads having hard time finding jobs. Meanwhile. Ontario has significant skills gas that could influence FDI • Wynne pledge to bring the debt down to 26% of GDP. If Wynne were to bring the debt down then should need to reduced the debt by $10B per year. • Drummond report was virtually ignored and it was succinct in terms of Ontario has spending problem. Ontario is spending from 18.5 to 17.5% of GDP of government and only taking in 16.8% in revenue. More taxation is not the answer
  • 4. Hydro Cost - Hospitals Source - http://www.lfpress.com/2017/03/21/hydro-london-health-sciences-centre-electricity-use-falls-but-costs-up-30-per-cent Add Ontario hospitals to the growing list of electricity users hit with soaring prices. NDP Leader Andrea Horwath spelled out the pain London Health Sciences Centre and other hospitals are feeling Tuesday in the Ontario Legislature. Citing figures obtained through access to information requests, Horwath said LHSC’s electricity bill ballooned by roughly $2 million in the last six years even though the hospital group cut usage by 13 per cent. “Health care is at a tipping point in Ontario,” Horwath said. “There have already been frontline workers laid off at many hospitals, and with skyrocketing hydro bills, hospitals are being squeezed tighter.”
  • 5. Funding Cuts - Sudbury  https://www.sudbury.com/local-news/gelinas-demands-wynne-stop-cutting-health-care-631741 “Henri Chartrand, from my riding, spent his stay at HSN first in the ER waiting for a bed, just to be moved to a TV room,” said Gélinas. “He told me it was a humiliating, embarrassing and demeaning experience he never wants to have to go through again. “Unfortunately, Mr. Chartrand is just one example of literally hundreds from across the province.” According to Gélinas, Wynne's 2017 budget underfunded hospitals by at least $300 million, further damaging already overcrowded hospitals where patients are coping with long waits and hallway medicine. Gelinas said the painful shortfall is going to do even more damage to hospitals already struggling after years of cuts and underfunding by Wynne – damage that patients like Chartrand can feel.
  • 6. Cuts to Nursing  http://rnao.ca/news/media-releases/2017/05/08/evidence-highlights-danger-cutting-rns-ontario
  • 7. Funding  Healthcare comments Wynne  https://www.facebook.com/votepatrickbrown/?fref=ts  https://www2.deloitte.com/ca/en/pages/tax/articles/2016-2017-ontario-budget-highlights.html  Here are the facts:  https://www.fin.gc.ca/fedprov/mtp-eng.asp#Ontario – The federal government has given Ontario $800M more in healthcare funding or about 6% increase in funding  Healthcare - http://www.slideshare.net/paulyoungcga/healthcare-and-education-for-canada-analysis-and- impact  Harris spent more government money as % of government spending on healthcare, but no comment from Wynne, why? http://www.slideshare.net/paulyoungcga/ontario-government-spending  http://www.slideshare.net/paulyoungcga/provincial-transfers-and-program-spending
  • 8. Funding  Government of Ontario increase spending by $1B, but that is only about 2% growth. It is easy to spin increase funding, but the reality healthcare has huge issues with delivery.  http://www.fin.gov.on.ca/en/budget/ontariobudgets/2016/ch3b.html#t3-23 – Healthcare received 2% additional funding, so where did the 4% growth from federal government go in terms money allocation?  Trillium Healthcare - http://trilliumhealthpartners.ca/newsroom/publications/Documents/publications/annual- report/THP%20Annual%20Report%20Presentation%202014-2015.pdf - https://www.rvh.on.ca/rvhagm/SiteAssets/SitePages/rvhagm/2014%20Audited%20financial%20statement%20Royal %20Victoria%20Regional%20Health%20Centre%20final%20signed.pdf. Healthcare providers are under pressure to control expense growth as such 2% rise in funding does not offset the costs for hospitals  Healthcare premium – Patrick Brown and the media should be asking what has happened to healthcare premium money - http://www.fin.gov.on.ca/en/budget/paccts/2015/15_ar.html#sec4 or http://www.fin.gov.on.ca/en/budget/paccts/2015/15_cfs.html#sec2  Federal new money $800M  Healthcare premium is now 3.2B
  • 10. People Focus / Healthcare  https://www.cma.ca/En/Lists/Medias/16th_Annual_National_Report_Card-on_Health_Care_en.pdf
  • 12. Summary  Wynne will spin the PC cut healthcare when in fact they spent% of government dollars on healthcare  Wynne and McGuinty created LHINs and CCAC which have been a failure - http://www.thestar.com/opinion/commentary/2014/02/26/kathleen_wynne_must_ clean_up_homecare_mess_hepburn.html  Healthcare wait times have not improved.  Many hospitals are struggling with costs as such jobs have been eliminated