Saturday, April 27, 2024
ADVT 
National

Canada doubles dollar commitment to COVAX

Darpan News Desk The Canadian Press, 02 Jun, 2021 09:51 AM
  • Canada doubles dollar commitment to COVAX

International Development Minister Karina Gould says Canada is doubling its dollar commitment to the global vaccine-sharing alliance known as COVAX, but isn't yet committing to a specific donation of excess vaccine doses.

Gould is among leaders and ministers attending a virtual COVAX summit hosted by Japan today where at least a dozen countries are increasing their pledges to the facility one year after it was created.

COVAX said last week it needed another $2 billion pledged by today to secure enough vaccines to vaccinate almost one-third of people living in low and middle-income countries.

But it also says it needs an immediate redirection of doses from wealthy countries, which are well ahead in the race to vaccinate.

Gould says Canada is doubling Canada's financial commitment to COVAX from $220 million to $440 million.

Canada has previously said it will donate excess vaccine doses to COVAX, but has not yet said when or how many.

COVAX was established to try and ensure equitable access to vaccines by having wealthy countries buy into it, to get doses for themselves and help buy doses for countries that can't afford them.

Canada has been heavily criticized for being the only G7 nation to accept doses from COVAX rather than donating its share back to countries in higher need.

The arm of COVAX helping 92 low and middle income countries is known as the Advance Market Commitment, and Gould was named the co-chair of its engagement group in January to establish a plan so wealthier countries could donate or exchange doses of vaccine directly.

"With dedicated funding from Canada, COVAX has developed a way to easily and swiftly share surplus vaccine doses," Gould told the Tokyo summit this morning.

Europe has pledged to donate 100 million doses, the United States 80 million doses, and several other countries, such as New Zealand, have also offered some of their doses either from their own direct purchase agreements or by redirecting their own COVAX allotments.

Japan said today it would donate 30 million doses this year, while Spain said it would add 15 million doses.

More than half of Canadians now have at least one dose of a COVID-19 vaccine, putting Canada among the top 10 countries in the world for the number of people with at least one dose.

It has given 64 doses for every 100 people, putting it in the top 20 for the total number of doses administered per capita, when second doses are included.

By comparison, 25 countries, mostly in Africa, have given fewer than one dose for every 100 people.

India's Serum Institute was to be one of the major suppliers of COVAX but because of the massive third wave in India this spring, the country has banned further export of doses for any reason until at least the end of the year.

COVAX said in a statement last week this has left it with a 190-million-dose shortfall to meet its commitments by the end of June.

"The pandemic has just taken a frightening new turn, as a deadly surge of cases rages across South Asia and other hotspots," says a May 27 call to action statement by COVAX.

"Countries with the largest supplies should redirect doses to COVAX now, to have maximum impact."

COVAX is one of three arms of the ACT Accelerator, a global program to make sure the entire world has access to COVID-19 testing, treatments and vaccines.

Prime Minister Justin Trudeau announced last month Canada would increase its overall support to the ACT Accelerator by $375 million to a total of more than $1.3 billion. Today's $220 million donation to COVAX comes from that May pledge.

MORE National ARTICLES

Liberals pushing through climate law: Greens

Liberals pushing through climate law: Greens
Paul accuses the two sides of striking a deal to ensure the passage of Bill C-12, which promises more accountability around Canada's goals to reduce its carbon-related emissions.

Liberals pushing through climate law: Greens

Back to Normal? A Post-vaccination Canada

Back to Normal? A Post-vaccination Canada
As governments put a stop to social activities we previously took for granted, the question of finally returning back to the delicacies of ‘normal’ life lingers.

Back to Normal? A Post-vaccination Canada

The Gunfire Pandemic: When will it end?

The Gunfire Pandemic: When will it end?
Staying safe these days may not just in reference to the pandemic, but also general social safety in our cities. 

The Gunfire Pandemic: When will it end?

Canada to receive 2.9M vaccine doses this week

Canada to receive 2.9M vaccine doses this week
The two pharmaceutical companies had been delivering about 2 million shots per week through the month of May, but will increase that to 2.4 million doses per week starting on Monday.

Canada to receive 2.9M vaccine doses this week

Minimum wage of $15.20 to take effect tomorrow

Minimum wage of $15.20 to take effect tomorrow
The minimum wage in British Columbia jumps to $15.20 an hour on June 1, making it the highest rate of any province in Canada. A statement from the Ministry of Labour says the rate climbs 60 cents per hour Tuesday, while the minimum wage for liquor servers will increase $1.25 per hour to match the minimum wage.

Minimum wage of $15.20 to take effect tomorrow

Feds open loan program for Black entrepreneurs

Feds open loan program for Black entrepreneurs
The Black Entrepreneurship Loan Fund will provide loans of up to $250,000 for businesses that are majority Black-owned, or entrepreneurs for their startups or existing for-profit small businesses.

Feds open loan program for Black entrepreneurs