A risible claim.

The claim that "creating financial incentives for private capital to fund" healthcare services presents some sort of solution to Canada's financially starved healthcare system is risible.

Private capital does not "fund" anything. It "invests." To extract profit.

Attracting private capital to "invest" in providing healthcare means that the paying public will cough up, in addition to whatever costs these funds are used to cover, the profit that the holders of said capital demand, plus any executive, administrative, and marketing costs associated with the services involved.

Top post-WWII marginal tax rates remained well over 70% until the 1960s, when Canadians holding the biggest hoards rebelled and demanded that loaning capital to government via the purchase of interest-bearing bonds be substituted for being taxed, logic being that government officials, like capitalists, are only in it for the money and will waste whatever funds they are given.

Paying interest on these bonds, of course, increases the cost of government.

The theory of government-as-grift was advanced most vociferously by mid-20th century American economist James M. Buchanan, whose best-known book is The Calculus of Consent, co-authored with Gordon Tullock in 1962.

See my post "Not much social housing these days" for an actual solution to Canada's housing and healthcare crises, namely taxing capital gains as ordinary income, with exceptions for cases such as a senior whose life savings amount to the value of the family home.

Do not be fooled.

The 1% scare you that your taxes are going to go up when theirs are called into question and yours have nothing to do with the conversation.