Tuesday, August 3, 2021
ADVT 
National

Ottawa budgets $5B to buy COVID-19 pharmaceuticals

Darpan News Desk The Canadian Press, 03 Mar, 2021 07:15 PM
  • Ottawa budgets $5B to buy COVID-19 pharmaceuticals

The Public Health Agency of Canada expects to spend up to $5 billion on vaccines and other COVID-19 treatments.

Procurement Minister Anita Anand previously said vaccines alone would cost at least $1 billion but the specific contract costs are protected by confidentiality clauses with drug makers.

Federal budget documents show $5.3 billion was approved in December for COVID-19 vaccines and treatments, including the purchase of doses, research and development.

Last month $5 billion of that was shifted from the current fiscal year into 2021-22 because most of the vaccine doses Canada is buying aren't being delivered until after March 31, which is when the federal fiscal year ends.

Canada is guaranteed to buy more than 240 million doses of seven different vaccines if all are approved, with only 6.5 million doses expected before the end of March.

The Public Health Agency has not said specifically how much of the $5 billion is going to vaccines versus other COVID-19 medications.

MORE National ARTICLES

BC Ferries offers lower prices for main routes in the Lower Mainland

BC Ferries offers lower prices for main routes in the Lower Mainland

The new Saver fare is the most affordable fare choice. Saver fares range from $49 - $73.70 and include a free reservation.

BC Ferries offers lower prices for main routes in the Lower Mainland

Robbery suspect leaves his wallet behind: VPD

Robbery suspect leaves his wallet behind: VPD

When he pulled out his phone to make a call, a man ran by and allegedly grabbed it from his hands.

Robbery suspect leaves his wallet behind: VPD

Protesters blocks busy Vancouver intersection

Protesters blocks busy Vancouver intersection

A police spokesman says the group marched from the courthouse to the east Vancouver intersection late Tuesday following the sentencing.

Protesters blocks busy Vancouver intersection

PM signals support for Diab as he faces trial

PM signals support for Diab as he faces trial

France recently ordered Hassan Diab to stand trial for a decades-old synagogue bombing in Paris, a move his lawyer called the latest misstep in a long odyssey of injustice.

PM signals support for Diab as he faces trial

One killed, two hurt in North Vancouver crash

One killed, two hurt in North Vancouver crash

Police say a vehicle with a lone male inside crossed the centre line, hitting the vehicle with the woman and her passenger.

One killed, two hurt in North Vancouver crash

Alek Minassian found guilty in Toronto van attack

Alek Minassian found guilty in Toronto van attack

The 28-year-old from Richmond Hill, Ont., pleaded not guilty to 10 counts of first-degree murder and 16 counts of attempted murder.

Alek Minassian found guilty in Toronto van attack

PrevNext