About this assignment:Labour Economics Assignment #1This assignment requires you to explore one or more aspects of labour economics within the context of a particular company, industry, or economic...

Health care system:
Canada's publicly financed health care system is a dynamic reform that has been in place for four decades and will continue to evolve in response to developments in medicine and society at large. The fundamental principles, however, remain that broad coverage for medically essential health care services is offered based on need rather than capacity to pay.
The underlying ideals of fairness and equality are expressed in Canadians' willingness to share resources and responsibilities, and they are reflected in improvements and reforms in Canada's health care system. Since the system's inception, it has been excellent. This system has been and continues to be adjusted as the country's population and circumstances change, as well as the nature of healthcare advances.
The organization of Canada's healthcare system is mainly dictated by the Canadian Constitution, which divides functions and responsibilities among the federal, provincial, and territory governments. Health and other social services are primarily the responsibility of provincial and territory governments. The federal government is also in charge of delivering certain services to specific categories of people.
General income from federal, provincial, and territorial taxes, including as personal and corporate taxes, sales taxes, payroll taxes, and other sources, are used to support publicly funded health care. Provinces may also impose health insurance premiums on their inhabitants to help pay for publicly supported health care services; but, failing to pay payments would not restrict access to medically essential medical treatments.
The healthcare system is not the only source of health. The federal, provincial/territorial, and local/municipal levels of government have responsibility for public health, which includes sanitation, infectious illness, and associated education. These services, however, are often delivered at the provincial/territorial and local levels.
Economic aspect:
The care sector, which encompasses health and personal care, is an important yet underappreciated component of Canadian society. Health and personal care professionals in Canada account for more than 10% of all occupations and more than two-thirds of overall healthcare spending, which totaled $175 billion in 2019, or roughly 8% of total GDP. Recognizing these facts, all levels of government - federal, provincial, territorial, first nations, Inuit, and Métis - play a critical role in producing sound policy and crafting the proper policy. Health system management and strategic health force planning Healthy employees, better populations, and robust economies, including the care sector, result from well-staffed and well-functioning health and personal care systems. Longer and healthier lives are related with developing economies in the long term. This may not be the case in the near term, since economic booms can raise mortality while recessions might lower it.
The link between economic conditions and health is context-dependent, can alter over time, and can differ in the short term from the long run. It may differ depending on the nature of the economy (such as agriculture versus industry and services). The severity of the recession and the duration of the economic upswing are additional factors. Finally, the population mix is important because various sorts of people are susceptible to the consequences of economic changes to differing degrees.
Health care and workforce:
Women dominate the health and personal care workforce, as they do the care workforce in general. Women make up 82% of healthcare employees in Canada, whereas males make up 47% of the total employment. This statistic is higher than the global rate of 75%. Employment in the health industry increased by around 69% between 1997 and 2016,...