Trudeau said he wants universal pharmacare but the NDP bill would have imposed rules on provinces.
The government is promising a plan to create one million jobs.
The NDP leader says his party is ready for an election, “but it’s not our goal.”
Peter Julian will table a private member's bill next week.
The leaders urged Trudeau to host a first ministers meeting early in the new year.
Funding would go towards pharmacare and affordable housing plans.
Health Canada has unveiled its long-awaited changes to patented drugs regulations.
The "commitments document" also promises more affordable housing units, and investments in child care services across Canada.
Prescription drug policy in Canada ought to be the interest of Canadians, not company profits.
He is promising to expand the tax on investment profits.