Ozempic (semaglutide)
The established option — and now available as a cheap generic
Ozempic has been prescribed in Canada since 2018 and is Health Canada-approved for type 2 diabetes. It's a GLP-1 receptor agonist, mimicking a gut hormone that reduces appetite and slows digestion. Since May 2026, a bioequivalent generic (Apo-Semaglutide) has been available from roughly $114/month, making Ozempic's underlying drug the more affordable of the two options by a wide margin.
Pros
- ✓Generic semaglutide available from ~$114/month — Mounjaro has no generic yet
- ✓8 years of real-world Canadian prescribing history and safety data
- ✓Wider pharmacy stock and fewer supply disruptions than Mounjaro
- ✓More provincial drug plans have Ozempic on formulary for T2D
- ✓Familiar FlexTouch pen device
Cons
- ✗Lower average weight loss than Mounjaro in head-to-head studies (10–15% vs. 20–22%)
- ✗Single-hormone mechanism may plateau sooner for some patients
- ✗Brand-name Ozempic still costs $250–350/month if the generic isn't in stock locally
Best for: Canadians who want the lowest-cost GLP-1 option, are starting their first weight loss medication, or whose drug plan already covers Ozempic.
Cost: Generic semaglutide ~$114/month; brand-name Ozempic $250–350/month self-pay.
Canada availability: Widely available at all major Canadian pharmacy chains; generic now stocked at Shoppers, Rexall, London Drugs, Costco.