Six percent, until it's not six percent - Macleans.ca

Six percent, until it’s not six percent

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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?