Shortages feared as U.S. looks to Canada for cheaper prescription drugs

CNBC News

31 July 2019 - Canada 'will ensure there are no adverse effects on the supply or cost of prescription drugs,' says minister.

The prospect of Americans raiding Canadian pharmacies for cheaper prescription drugs is raising the spectre of drug shortages north of the border.

On Wednesday, U.S. President Donald Trump's administration said it would create a system to allow Americans to import cheaper Canadian drugs legally. The policy change would reverse previous decisions by past administrations by allowing American states and pharmacies to buy more affordable medicines north of the border. Washington offered no estimate of when this new policy would start.

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Michael Wonder

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Michael Wonder

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Medicine , Canada , Supply