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.
Consider a term life insurance policy instead, which covers you for a certain length of time, such as 20 or 30 years. If you die after 10 years, your beneficiaries would receive the face value of your policy when you die and not pay taxes on it. If you died after 35 years, they'd receive nothing. Life insurance premiums are typically cheaper if you buy a policy when you're younger.