Strategy

Health Canada first announced in 2019 that the Patented Medicine Prices Review Board would change how it sets a price cap on medicines in Canada in an effort to lower excessively expensive drug costs by changing the countries Canada compares prices with.

The new rules are expected to come into effect on June 20, though two government sources close to the decision, who were granted anonymity to speak about matters they were not authorized to discuss publicly, say the rules for foreign nationals coming to Canada will not change.