Thursday, July 05, 2007

Canadian pharmacies see decline in U.S. business

From CBC News:
The soaring Canadian dollar and changes to the U.S. Medicare system have a senior's group south of the border calling off prescription drug-buying excursions to Manitoba.

The Minneapolis Senior Federation has organized between 30 and 40 bus trips to Winnipeg over the last decade so members can get their prescriptions filled at less expensive Canadian prices.

But with the Canadian dollar above the 94-cent US mark — its highest value in almost 30 years — American customers find their dollar doesn't go as far as it used to in Canadian pharmacies. ...more

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