Just in case you were wondering.

In 2002, according to the OECD, Canada spent 9.6 per cent of its gross domestic product on health care, both private and public. Among the 26 countries surveyed, it ranked sixth in terms of health spending.

(The United States devotes 14.6 per cent of its gross domestic product to health care but consistently ranks lower than Canada in terms of results like life expectancy and infant mortality.)

...

But one fact appears to be true: The more privatized the health system, the faster its costs rise. The reason, according to virtually every study into the issue (including one commissioned by Klein), is that universal medicare produces tremendous economies — mainly in the area of paperwork and administration.

Three cheers for socialism!