Some medical device manufacturers worry mandatory safety audit rules coming into effect on New Year’s Day are too expensive to carry out and are opting to pull their products in Canada. Under the new Medical Device Single Audit Program (MDSAP), medical device makers will reportedly pay between $30,000 and $50,000 for annual audits, roughly 10 times what it used to cost. (Globe and Mail)
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
The Rooms Where It Happened in 2021: The year in federal lobbying
Wealthsimple launches ETF to track green bonds
Zymeworks shares fall as new CEO to lay off one-quarter of staff
Liberals should be ‘very careful’ about increasing home buyers’ purchasing power: CMHC head
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.