“Which natural health products will be affected by Health Canada’s new regulations?”
This is a question we hear all the time, and the answer is more complex than most realize:
- ALL natural health products will experience price hikes as manufacturers are hit with massive new fees and compliance costs.
- Many small and medium-sized natural health product manufacturers will go out of business, causing their products to disappear along with them.
- Under the Self-Care Framework, Health Canada has made it clear that they will no longer license natural health products for conditions that typically require advice from a licensed health care practitioner. This puts many natural health products at risk, especially the multi-ingredient, highly innovative products that have been expertly formulated to support specific conditions like blood pressure, arthritis, and bone health.
In this interview, Shawn Buckley joins Colin Craig on Second Street to discuss the impact of Health Canada’s new regulations on the natural health industry.
