How the recession will help Canada’s doctor shortage

February 17, 2009

With many investments declining up to 40 percent in the past year, Canadian doctors are not immune to the financial pain.

Many physicians who are close to retiring are changing their career plans, and opting to continue working. Luckily, medicine, especially in Canada’s single-payer system, is pretty much recession-proof, meaning that there is always work to be found.

Indeed, in the midst of the current economic downturn, “the collapse of physician investments may have effectively solved the country’s physician shortage problem.”