Canadian patent medicine prices are among the highest in the world, here in Canada. In fact, I think we're the third highest, behind Switzerland and the United States. That's not something I think Canadians should be super proud of. On August 9th, Health Canada did announce, as the Member said, amendments to the Patented Medicine Regulations. The Patented Medicine Prices Review Board is reviewing and examining the newly released amendments to the Patented Medicine Regulations and will identify any changes that may warrant an adjustment to its proposed guidelines framework and further considers.
Currently, it is difficult to speculate how the regulatory tools available to the Patented Medicine Prices Review Board may be changed; however, the NWT is supportive of reducing the cost of patented medicines for its residents and all Canadians, and we will continue to work at the Federal-Provincial-Territorial table to ensure that the voices of the Northwest Territories, the provinces, and Canadians are heard. Thank you, Mr. Speaker.