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Ontario pledges almost $50 billion over 10 years for health care in 2024 budget

The province is also committing to build 58,000 new long-term care beds across Ontario by 2028, an average of 14,500 beds per year. The health care budget increase for 2024-25 is below the cost of inflation at 1.3.

Published Mar 26, 2024 at 8:06pm

Barbara Patrocinio

Ontario pledges almost $50 billion over 10 years for health care in 2024 budget

Ontario Finance Minister Peter Bethlenfalvy joins Premier Doug Ford at a press conference in Mississauga, Ont., Tuesday, February 13, 2024. THE CANADIAN PRESS/Christopher Katsarov

The health care sector is slated to receive almost $50 billion over the next 10 years, according to numbers in Ontario’s 2024 budget.

This includes $36 billion in hospital capital grants, which should add approximately 3,000 new beds over 10 years.

The health care budget increase for 2024-25 is below the cost of inflation at 1.3.

Ontario pledges almost $50 billion over 10 years for health care in 2024 budget

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