A Culture of Health

A Public Pharmaceutical Company

The pharmaceutical industry is one of the largest global capitalist industries with nearly guaranteed profits. Investment and research conducted by them is done primarily for the purpose of profit making while the lives of millions of people depend on life saving medications which are priced to profit from peoples' illnesses.

 

Therefore, I believe that the Government of Ontario should establish a public not-for-profit pharmaceutical crown corporation which would both manufacture and distribute low cost drugs - including to those suffering in poorer countries, invest in researching cures instead of treatments, and integrate with my proposed public pharmaceutical plan to lower the cost of covering all prescription medications.

 

I do not advocate nationalizing or otherwise expropriating existing private-for-profit pharmaceutical businesses currently operating in Ontario - but rather to compete with them as a not-for-profit public option.

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Idea No. 505