As I mentioned, we need to consider tax subsidies as well. It depends on how you want to do the financing of the disparity in the numbers. As I said, you can go with a payroll tax. We have one of the lowest corporate tax rates, but at the same time implementing universal pharmacare would massively reduce labour costs for Canadian companies. If you increase the corporate tax by 1%, which will still remain one of the lowest corporate tax rates, you would offer much lower labour costs to employers in Canada and at the same time be able to fill the gap for the active population that had private plans before.
On October 19th, 2017. See this statement in context.