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How much do automakers save because of our medicare system?

April 26, 2017automakers medicare system

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How much do automakers save because of our medicare system?

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Compared to the U.S. (where employers must pay health insurance premiums for their workers), automakers save about $6 (Cdn.) per hour of labour on lower premiums in Canada. Protecting medicare will be an important part of rebuilding Canada’s competitive edge in the auto industry.