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Consumer Health Products Canada Says Trade Pact Would Benefit Canadians and Unleash Innovation
Consumer Health Products Canada Feb 09, 2016
Consumer Health Products Canada (CHP Canada)—the national association that represents the makers of evidence based over-the-counter medicines and natural health products—applauds the Government of Canada for signing the Trans-Pacific Partnership (TPP) Agreement.
"By embracing the trade pact, our government would be setting the conditions for better alignment with the United States when it comes to providing incentives for innovation in Canada's growing consumer health products industry," says Karen Proud, President of CHP Canada.
The consumer health product industry in Canada contributes $5.6 billion in sales annually, employs 56,000 Canadians in skilled jobs and generates $1.5 billion in a growing export market, as per a Conference Board of Canada report.
"Canadian exports of consumer health products have doubled over the last 10 years, in part because of innovation-friendly policies in markets like the U.S.," says Proud. "Similar approaches in Canada could stimulate the same kind of growth and investment here, and boost the savings it generates for the healthcare system."
Read Full Article on Consumer Health Products Canada »