Ontario Budget 2017

CAHO Input to Ontario Budget 2017: Recommendations to Minister of Finance

Toronto, January 31, 2017 – The Council of Academic Hospitals of Ontario (CAHO) presented its recommendations for the 2017 Ontario Budget to the Minister of Finance, Hon. Charles Sousa, in support of a healthier, wealthier, smarter Ontario.

“Health research is a necessity, not a luxury. It is foundational work that enables evidence-based decisions about the health system, drives discoveries that improve care for patients today and tomorrow, and fuels Ontario’s innovation and knowledge-based economy” said Karen Michell, Executive Director of CAHO. “Ensuring this strong foundation requires stable, ongoing investment in health research and appropriate funding of Ontario’s hospitals.”

CAHO’s pre-budget submission offers five recommendations for Budget 2017 that foster an innovation and knowledge-based economy and support Ontario’s leadership in building a patient-centred, sustainable health system:

  1. Continue to drive discovery by maintaining the investment in the Ontario Research Fund at current levels, with an eye to increasing the investment in research as a portion of Gross Domestic Product, once the provincial budget is balanced.
  2. Re-instate the Health System Research Fund at $12 million, annually, to support health system research which aligns with the government’s policy priorities for the health system.
  3. Invest $3 million, annually, in predictable, multi-year funding for the ARTIC program.
  4. Commit to a further increase in hospital investment in line with the request from the Ontario Hospital Association.
  5. Include the province’s 24 Research Hospitals as a key sector and Innovation Cluster, able to deliver on the government’s commitment to the transformation to a knowledge-based innovation economy, now and into the future.

Read CAHO’s 2017 pre-budget submission: click here.

CAHO research hospitals create capacity, invent the future of healthcare and generate a healthier, wealthier and smarter Ontario. Read about the impact of investment in health research: click here.

About CAHO

The Council of Academic Hospitals of Ontario (CAHO) represents Ontario’s 24 research hospitals that play a unique and vital role in the province’s health care system. Collectively, we provide advanced patient care services, train the next generation of health care professionals, and conduct leading-edge research to discover tomorrow’s care today. As connectors in the system, we create capacity and generate a healthier, wealthier, smarter Ontario. For more information, visit www.caho-hospitals.com.

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For more information contact:

Elise Bradt
Communications Specialist
t. 416-205-1469
ebradt@caho-hospitals.com
www.caho-hospitals.com  @CAHOhospitals