How is Canadian Blood Services funded?
The Provincial and Territorial Ministers of Health provide operational funding to Canadian Blood Services. Budgets include measures to ensure that appropriate arrangements exist to indemnify Canadian Blood Services, its officers and directors and members of advisory bodies for uninsured liabilities and approved borrowing, and to maintain the capacity within Canadian Blood Services to respond in a timely manner to health and safety emergencies. The Federal/Provincial/Territorial Memorandum of Understanding provides that the Members are responsible for the approval of Business Plans submitted by the Board of Directors. Canadian Blood Services receives funding from Members for: (1) the Blood Operations program, (2) the Fractionated Products program and (3) the captive insurance company. Funding for the Blood Operations program is mainly based on the number of units of red blood cells shipped to each province and territory. Funding for the Fractionated Products program is based on the actu
