As you know, if the drug companies don't sell, Canada will let its generic companies manufacture the products. Then the drug company gets zero and the generics would probably also make their way to the US market.
The dirty little secret going on here is that the markup on drugs is so high that they're still making plenty of money selling to the Canadian single payer.
As long as those drugs don't undercut the domestic product.
Feel better now that you're spending your kids' college fund to support those double-page magazine ads full of tiny unreadable type extolling the merits of some preparation that everybody else in the world can already get over-the-counter?
I don't blame the drug companies for making a profit. If you had your wish, that's all that would be available, over-the-counter drugs and no new discoveries. I guess that's great if all the drugs you or your family will ever need have already been discovered.
Go ahead, kill that golden goose. You'll show them. LOL!
Actually, as I know, Canada is a signatory to the TRIPS agreement, which forbids them from cloning a drug still under patent. Other countries, such as Brazil, have threatened to break TRIPS on grounds that the agreement enforces American patent standards, known for their bizarreness, worldwide. The controversy is ongoing, but Canada is not involved.