An economic tsunami the cost of diabetes in Canada

Summary: This report was commissioned by the Canadian Diabetes Association to understand for the first time the true economic costs of diabetes using Canadian data. This initiative became a priority for the Association as we observed the dramatic rise in diabetes prevalence in Canada and world-wide. The Association is a leading authority on diabetes in Canada and around the world. It has a heritage of excellence and leadership,and its co-founder, Dr. Charles Best, along with Dr.Frederick Banting, is credited with the co-discovery of insulin. Across the country, the Association leads the fight against diabetes by helping people with diabeteslive healthy lives while it works to find a cure. The Association is supported in its efforts by a community based network of volunteers, employees, healthcare professionals, researchers, and partners. By providing education and services, advocating on behalf of people. This initiative was supported by an unrestricted educational grant provided by, We thank Novo Nordisk Canada Inc. for its ongoing commitment to diabetes in Canada. with diabetes, supporting research, and translating research into practical applications, the Association is delivering on its mission. The Canadian Diabetes Association sought to determinethe economic impact of diabetes on Canadian society, both now and in the future. To accomplish this, Informetrica Limited developed a forecasting model, The Canadian Diabetes Cost Model, on behalf of the Association to determine the costs associated with diabetes. The Model also projects the incidence and prevalence of this disease, as well as several key comorbidities among the population with diabetes, to 2025. Informetrica is one of the pioneers of economic forecasting in Canada. It provides industrial and geographic forecasts and analysis to a wide variety of government and private sector clients. The final report was prepared by Robin Somerville ofThe Centre for Spatial Economics (C4SE) using theModel to produce Canadian Diabetes Association specific scenarios for this report. The C4SE monitors, analyzes and forecasts economic and demographic change throughout Canada at virtually all levels of geography. It also prepares customized studies on the economic, industrial and community impacts of various fiscal and other policy changes, and develops customized impact and projection models for in-house client use.

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