Target plans to carry on its Canadian expansion this year with nine additional stores, the majority of which will open in Ontario, although the retailer plans to open single stores in Quebec, Manitoba, Alberta and British Columbia.
Shoppers Drug Mart/Pharmaprix announced on Friday that it is supporting relief efforts to help those Alberta communities affected by the floods by making a donation to the Canadian Red Cross and working with local stores to ensure supplies and prescription medications are available to those in need.
When does the double-edged sword of generic drug price reductions begin to cut the government agency or health system holding the sword?
That's the question many pharmacy leaders in Canada have for the provincial health system policy-makers who have embarked on a crusade to whack pharmacy reimbursement levels for many lower-cost generic medicines sold under the nation's publicly funded health system.
The government of Canada's Alberta province will pay pharmacists $1 for each prescription filled as part of a one-year transition program for which it will spend $24 million, according to published reports.
Canadian retailer Shoppers Drug Mart is looking to acquire 19 retail pharmacies and three central fill pharmacies located in British Columbia, Alberta and Manitoba from Paragon for about $75 million in cash.