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B.C. signs $670-million pharmacare agreement with federal government

  • British Columbia and the federal government signed a pharmacare agreement worth over $670 million to provide free diabetes medication and hormone replacement therapy for menopause.
  • Federal Health Minister Mark Holland announced the deal in Victoria, stating that coverage will begin by March 2026 for B.C. Residents.
  • Approximately 550,000 British Columbians live with diabetes, facing yearly medication costs of up to $18,300 for Type 1 diabetes.
  • Holland emphasized that it's 'madness' to consider that a government change could affect the agreement's validity.
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Global News broke the news in Toronto, Canada on Thursday, March 6, 2025.
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