TORONTO, March 03, 2020 (GLOBE NEWSWIRE) — JDRF Canada, the leading global funder of type 1 diabetes (T1D) research, welcomes the release of the Standing Committee on Finance’s report and its recommendations to address the diabetes epidemic.
We particularly welcome its recommendation that the government support the development of a new national diabetes strategy (Diabetes 360⁰), as well as changes in the Disability Tax Credit (DTC) criteria that would allow for those requiring insulin therapy to automatically qualify.
The mandate of the Standing Committee on Finance (FINA) is to study and report on all matters relating to the mandate, management and operation of selected federal departments and agencies, including the Department of Finance and the Canada Revenue Agency, and to conduct pre-budget consultations. JDRF is calling on the government to adopt FINA’s recommendations in Budget 2020.
“It’s positive to see the committee acknowledging the enormous burden that diabetes imposes on individuals and on society,” said Dave Prowten, President and CEO of JDRF Canada. “Canadians with type 1 diabetes spend up to $15,000 annually in out of pocket costs managing their disease. Billions more are spent by taxpayers in managing the cost of complications. Access to the DTC would provide families some much-needed financial relief and a national strategy would help to tackle health care spending. We hope the Government will move quickly to adopt the Committee’s recommendations.”
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