John Oliver on Business of Supply

Madam Speaker, the hon. member raises a good question about how there is a $20.5 billion cost to national pharmacare. However, as I said in my remarks, taxpayers are already paying for $13.1 billion in public insurance, to public companies, public businesses, hospitals, schools, municipalities, and even the House of Commons. They are already paying for $13 billion of it, so there is a $7 billion shortfall not yet in the system. Private insurance plans are covering $10.7 billion already, so people are already paying for a private insurance plan. We could actually implement this with those two streams and return a lot of savings back to small businesses and the private employers who are covering insurance for their employees at this point in time, and we could cover all—