Canada features a diverse insurance landscape that blends mandatory public programs with robust private commercial markets. On the public side, Canada operates a federally guided, provincially administered universal healthcare system (Medicare) that covers medically necessary hospital and physician services. For personal and commercial risks, Canadians rely on private insurance sectors for mandatory auto insurance, homeowners property insurance, commercial liability, disability protection, and supplemental health, dental, and prescription drug coverage to fill the gaps left by public healthcare frameworks.
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