Six percent, until it’s not six percent

The Finance Minister shows his hand on health transfers.

The Finance Minister shows his hand on health transfers.

Under Ottawa’s plan, funding for health would climb from $30-billion in 2013-14 to $38-billion per year in 2018-19. Mr. Flaherty told reporters health transfers will continue to increase at 6 per cent a year until 2016-17 before moving to a system that ties increases to the growth in nominal Gross Domestic Product, which is a measure of GDP plus inflation.

The finance department release is here.

See previously: What did the Conservatives promise on health transfers?