Why is it that one company cannot take a $300,000 cut when they are seeing annual revenue of $10 billion dollars. The world evolves around the dollar, if you are a government in deficit and need to write your sinking ship then why not take money from the rich to feed the poor.
The Canadian government has reduced generic drug cost in half and is cutting $750 000 million in drug production funding. The only people who are going to feel the pinch are major drug stores such as Shoppers and Rexall. And yet the people who are going to save the most money are everyday people such as seniors and students.
This tactic is a good idea to also reduce the deficit it has accumulated. The government is going to be remembered for this and will get the votes back. Seniors make up the largest demographic of voters and they are going to be saving the most money.
This is a good move by the government to raise their own profile and to save the rest of the world money. Money is what it all boils down to and this is just redistributing the wealth that has been collected by people making money.