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Federal Finance Minister Jim Flaherty delivers an update of economic and fiscal projections in Edmonton on November 12, 2013.
Federal Finance Minister Jim Flaherty delivers an update of economic and fiscal projections in Edmonton on November 12, 2013.
(Jason Franson/THE CANADIAN PRESS)

Alberta wins as Ottawa rebalances health-care spending

Rising health care costs are enough to keep provincial finance ministers up at night.

Canadians use more health care as they age and Canada’s population is skewing older as the baby boom generation retires.

That helps explain some of the reaction this month when finance ministers learned the exact dollar impact of a new federal formula for health transfers.