The federal government’s investment of $887 million make Canada self-sufficient in manufacturing vaccines against COVID-19 and future pandemics, say medical and other experts. Along with Canadian-led vaccine development, Ottawa is investing in a network of small-scale vaccine manufacturing facilities that together will be able to produce enough vaccine for Canada’s population during pandemics.
Topic: government response to COVID-19 crisis
Putting Ottawa’s grand rescue plan for Canadian SMEs in context
Two national online platforms, CanCOVID and COVID-19 Resources Canada, have been launched in the span of a few weeks to help organize the research community’s unparalleled response to the COVID-19 pandemic.
Some of Canada’s 12,000 Canadian-owned small tech and innovative companies have already folded while others are being bought at fire-sale prices by large U.S. companies. Unless the government takes stronger measures, things will get worse, business leaders say.