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Diabetes cost could hit $17 billion a year by 2020


The rising rates of diabetes in Canada could cost the economy as much as $17 billion by the year 2020, according to a new report that calls on the federal government to do more to ease the economic burden.

The Canadian Diabetes Association's report, An Economic Tsunami: The Cost of Diabetes in Canada, warns that more than 20 people are diagnosed with the disease every hour of every day, and that number is expected to continue to rise over the coming years.

"Many of us will be affected, and the numbers show that by 2020 one in 10 Canadians will have diabetes," said Ellen Malcolmson, president and CEO of the Canadian Diabetes Association.

Source: http://www.vancouversun.com/

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