WHY CAN’T WE CLAIM NATURAL HEALTH PRODUCTS? ASSESSING THE REGULATION AND TAXATION OF NHPs, BY SHAWN BUCKLEY AND GENEVIEVE ELIANY
Pam was in a financial crisis. While her son was taking prescription drugs, her medical plan covered the cost. When her son reacted to the drugs and the doctor began using natural health products (NHPs), the cost was not covered. Nor could she claim a tax credit.
Prescription drugs versus natural remedies
Pam’s problem is a reality for many. Our tax laws favour prescription drugs and make it difficult for low-income Canadians to access natural remedies. With the significant changes that we have witnessed in the regulation of NHPs, it may be time to rethink our tax policy.
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