This month, the Canada Revenue Agency (CRA) is issuing final Canada Carbon Rebate (CCR) payments but has identified potential overpayments to some individuals, requiring repayment. The rural supplement, a 20% increase for residents of small communities, will be affected, with notifications sent starting April 15. Following the termination of the consumer carbon tax by Prime Minister Mark Carney, the upcoming rebate will not be based on collected carbon tax revenues, potentially costing the federal government between $2.7 billion and $3 billion.
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Cheaper generic Ozempic is coming to Canada after Novo Nordisk fails to maintain patent in this country
Several applications for generic semaglutide, the active ingredient in Novo Nordisk's Ozempic and Wegovy, are currently under review by Health Canada, as the patent for Ozempic is set to expire due to Novo Nordisk's failure to pay maintenance fees. This opens the market for cheaper alternatives, with a U.S. telehealth service planning to offer generic versions at a significant discount, potentially impacting weight-loss drug usage and social dynamics, particularly in dating. Explain It To Me...
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