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The Pharmacist in Your Neighbourhood: Economic Footprint of Alberta’s Community Pharmacy Sector The Conference Board of Canada, 12 pages, July 12, 2018 Briefing by Greg Sutherland , Thy Dinh

The Pharmacist in Your Neighbourhood: Economic Footprint of Alberta’s Community Pharmacy Sector

The Conference Board of Canada, 12 pages, July 12, 2018
Briefing by Greg Sutherland , Thy Dinh

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Using Statistics Canada’s model of the economy, this analysis estimates the economic contribution of the community pharmacy sector. Canada’s unique community pharmacy sector supplies products and services that improve health outcomes and support the creation of jobs. Document Highlights Canada’s community pharmacy sector is unique, providing health care to residents in a retail setting. It contributes to Canada’s wealth several ways: it improves health outcomes, creates efficiencies in the broader health care system, and creates jobs. The direct economic footprint of the sector is the portion of Canada’s overall gross domestic product (GDP), employment, and labour income that is linked to the activities of the pharmacy sector. With more than 1,300 community pharmacies in Alberta, the pharmacy sector provides significant contributions to GDP, income, and jobs in Alberta and to the rest of Canada.

Using Statistics Canada’s model of the economy, this analysis estimates the economic contribution of the community pharmacy sector. Canada’s unique community pharmacy sector supplies products and services that improve health outcomes and support the creation of jobs.

Document Highlights

Canada’s community pharmacy sector is unique, providing health care to residents in a retail setting. It contributes to Canada’s wealth several ways: it improves health outcomes, creates efficiencies in the broader health care system, and creates jobs.

The direct economic footprint of the sector is the portion of Canada’s overall gross domestic product (GDP), employment, and labour income that is linked to the activities of the pharmacy sector. With more than 1,300 community pharmacies in Alberta, the pharmacy sector provides significant contributions to GDP, income, and jobs in Alberta and to the rest of Canada.