Skip to main content

Table 4 Value of life in Canada

From: Resource allocation in public sector programmes: does the value of a life differ between governmental departments?

No

Area

Source

Relevance

Type of estimate

Stated value (CA$)

Year

2019/2020 Value* (CA$)

VOLY (CA$)

VSL (CA$)

QALY (CA$)

1

Health

PMPRB

Estimate of the lower bound of the QALY threshold range

QALY

50,000

2019

50,000

45,998

1,683,060

50,000

2

Health

PMPRB

Estimate of the upper bound of the QALY threshold range (oncology drugs)

QALY

100,000

2019

100,000

91,996

3,366,119

100,000

3

Health

Skedgel et al

Academic estimate of an implied threshold for pCODR (oncology drugs)

QALY

140,000

2018

140,000

128,794

4,712,567

140,000

4

Health

PMPRB

Proposed future threshold value

QALY

60,000

2020

60,000

55,198

2,019,672

60,000

5

Transport

TBS

Estimate for use in cost–benefit analysis

VSL

6,110,000

2004

8,079,656

260,912

8,079,656

283,612

6

Environment

TBS

Estimate for use in cost–benefit analysis

VSL

6,110,000

2004

8,079,656

260,912

8,079,656

283,612

  1. *Values were only updated to 2019/2020 values if they were not already up to date, and if guidance suggests that this is required/appropriate. Only the values in italics were adjusted. Values in bold are the original values, after adjustments. A discount rate of 1.5% and life expectancy of 81.1 were used in calculations. All values are in local currency