To reach their estimates on the cost of health care, the reportâs authors broke down the total cost of the Canadian health care system in 2014. According to Statistics Canada, Canadians spent a total of $141 billion on health care that year.The authors divided that number by the Canadian population, concluding that, on average, each Canadian contributes $3,961 for health care each year.o reach their estimates on the cost of health care, the reportâs authors broke down the total cost of the Canadian health care system in 2014. According to Statistics Canada, Canadians spent a total of $141 billion on health care that year.
10 Things to Consider When Buying Term Life Insurance. 1. Talk about life insurance with your family. No one likes to think about the loss of a family member and the consequences of losing your income, but your loved ones can often point out needs you might have missed.
Understand term insurance versus permanent insurance. Understanding the difference between term and permanent life insurance (such as whole life) can help you make an informed decision about your insurance needs. Today, a term insurance policy should be able to cover most of your debt and financial needs. In turn, you may not need to purchase a whole life policy. Try not to be sold by the âwhat ifâ scenario you might hear from an insurance sales rep.