We do use the CMAJ study as one of our main peer reviewed evidence-based studies showing the cost savings. It was published in the Canadian Medical Association Journal. It was peer reviewed. It was done by Steve Morgan, an economist at UBC, along with several other health policy experts.
It showed that there would be significant savings both to the private plans as well the public plans. I don't have the numbers. Overall, there would be a saving of $1 billion to government when you weigh out what the cost of the plan would be and who would be saving money. There would be savings both by government as well as private employers and private companies. Both of those areas would save money.
There would also be a cost to the program. If you are saving $7 billion overall, there would still be a cost of implementation. The overall savings would be about $1 billion in the most probable scenario.