Professor Morgan, I just want to repeat this. It appears to me, in my review of the PBO report, that the PBO's conclusion that we would save $4.2 billion a year, every year for the next five years, was based on using the widest formulary in the country—that's Quebec's formulary—and making the most conservative assumption that we would save 25% through bulk buying, when it appears to me that every other comparative jurisdiction we've looked at achieved savings higher than that through bulk buying. Finally, the PBO did not even assign cost savings to a number of known cost-savings drivers, such as cost-related non-adherence or streamlining the administration. Is that a fair summary?
On October 19th, 2017. See this statement in context.