CBC: Canadian Drug Imports on the Rise Again
The Canadian Broadcasting Corporation (CBC) has produced an informative story looking at trends in Americans buying drugs from Canadian online pharmacies.
The story notes that at the start of decade, Americans were buying more than two million packages of prescription drugs annually from Canadian and other foreign pharmacies — adding up to a billion-dollar business. Since then, a rising Canadian dollar along with Medicare Part D have led to a decrease in Canadian drug purchases among Americans.
But the tide is shifting back in favor of Canadian online pharmacies, the CBC reports. The story points out that the Canadian dollar has fallen by 20 percent over the past six months, relative to the U.S. dollar, making Canadian drugs even more of a bargain. In addition, President Obama is eager to sign proposed legislation allowing Americans to purchase drugs legally from licensed Canadian pharmacies.
The CBC story includes a chart that compares prices for various medications at CanadaDrugs.com (a member of the Canadian Online Pharmacies network) and the U.S-based Drugstore.com.
June 7th, 2009 at 8:42 pm
[...] only difference in the drugs is the profit. The Canadian pharmacy from which I have been buying for years is obviously making money. In contrast to that, if you come [...]