$100 Billion Annual Cost of Poor Health to Canadian Economy: Deloitte Report
A new report from Deloitte Canada reveals that poor health and related caregiving are significant constraints on the country's workforce and economy.
The analysis finds that health-related barriers to workforce participation cost Canada more than $100 billion in economic output in 2025, while reducing those barriers by 25% could recover more than $25 billion annually.
Credit for the Health Productivity Gap (HPG) framework is given to Deloitte, which quantifies the economic cost of poor health and caregiving in Canada. The analysis identifies two major opportunities to improve outcomes: prevention gap, reflecting capacity lost to preventable illness, and participation gap, reflecting capacity constrained by chronic disease, mental health challenges and caregiving responsibilities.