Close X
Saturday, October 5, 2024
ADVT 
National

Canada boosts COVID-19 foreign aid by $485M

Darpan News Desk The Canadian Press, 14 Dec, 2020 06:10 PM
  • Canada boosts COVID-19 foreign aid by $485M

Canada's foreign-aid budget swelled noticeably Monday with International Development Minister Karina Gould's announcement of $485 million in new money toward the global effort to provide COVID-19 medicines to poor countries.

The new funds are going towards the Access to COVID-19 Tools, or "ACT" Accelerator, which was created in April by the World Health Organization, the French government, the European Commission and the Bill and Melinda Gates Foundation.

Gould and Procurement Minister Anita Anand also left open the possibility Monday that if Canada has any surpluses of vaccines it has already pre-bought, they could be shared with poorer countries.

Gould said that with only one vaccine currently approved by Health Canada, it's too early to make that determination.

"We are part of a global community, and our health at home depends on the health of everyone everywhere. Canadians understand that no one is safe from COVID-19 unless everyone is safe, and today's new commitments will help to make that possible," said Gould.

Anand said Gould's announcement "is a promise to help other countries when we will be able to do so."

Canada has secured guarantees for 214 million doses of vaccine, if all seven vaccine candidates procured are approved. It has also negotiated the potential to get another 200 million doses.

Last week, Oxfam Canada released a report that said Canada topped the list of rich countries that have pre-bought COVID-19 vaccines, having secured enough to cover its population five times over. Oxfam urged Canadians to show more compassion to poorer people.

On Monday, Oxfam Canada's interim executive director Kate Higgins said the organization was "pleased to see Canada take additional and ongoing leadership to ensure that everyone on the planet has access to the COVID-19 vaccine."

Higgins also said that "the only way we will get vaccines for everyone is for pharmaceutical corporations to openly share their technology and intellectual property. We hope Canada will continue to push for this as well."

The advocacy group One Campaign, which has criticized Canada's relatively low foreign aid spending in the past, offered effusive praise.

Stuart Hickox, the Canada director for One Campaign, said the announcement marked a "great day" for Canada.

"As COVID vaccinations begin here, Canada is also showing global leadership in the fight to end the pandemic everywhere. Today's investment is Canadian compassion in action. It's also smart," he said, saying that every $1 spent on aid would generate a $5.60 return to Canada's economy.

Michael Messenger, president of World Vision Canada, said where a child is born shouldn't have an impact on whether they get access to a life-saving vaccine.

"It’s a human right," he said.

"This commitment will help to make sure that girls and boys living in the most fragile parts of the world benefit from the great work of some of the smartest people and latest technology. This is how we will end this pandemic together."

The ACT Accelerator is part of a global effort to ensure low- and middle-income countries have equitable access to medical treatments during the pandemic.

It supports organizations, health professionals and businesses in their efforts to develop vaccines, as well as drug therapies and diagnostic tools to battle the pandemic.

Monday's announcement includes $255 million in additional support for the ACT Accelerator through "focused investments" in the World Health Organization, the Pan-American Health Organization, the Coalition for Epidemic Preparedness Innovations (CEPI) and Gavi, the Vaccine Alliance, which distributes vaccines in poor countries.

Canada has now committed more than $865 million to the ACT-Accelerator and has also pledged $220 million to its partner initiative, the COVAX Facility, to help buy vaccine doses for low- and middle-income countries.

A spokesman for Gould said that based on the government's latest annual spending figures for the fiscal year of 2018-2019, Canada delivered $5.9 billion in official development assistance.

MORE National ARTICLES

B.C. aims to cover holes in federal sick pay

B.C. aims to cover holes in federal sick pay
Horgan says he's heard there are holes in the recent program, but wants to see data detailing the issues before taking any action.

B.C. aims to cover holes in federal sick pay

NDP to nominate Raj Chouhan as B.C. Speaker

NDP to nominate Raj Chouhan as B.C. Speaker
Premier John Horgan says Raj Chouhan, who represents Burnaby-Edmonds, will be put forward on Monday as the party's choice for Speaker when the legislature resumes sitting.

NDP to nominate Raj Chouhan as B.C. Speaker

Liberals introduce bill for new COVID-19 spending

Liberals introduce bill for new COVID-19 spending
The Liberals will make passage of the legislation a confidence vote, meaning the minority government could fall and trigger an election if it doesn't garner the necessary support.

Liberals introduce bill for new COVID-19 spending

Priority list too long for first doses: Tam

Priority list too long for first doses: Tam
But she says the six million doses set to arrive between January and March will not be enough to vaccinate everyone on the initial priority list developed by the National Advisory Committee on Immunization.

Priority list too long for first doses: Tam

Feds to introduce bill to implement UNDRIP

Feds to introduce bill to implement UNDRIP
The bill is expected to echo a private member's bill passed by the House of Commons two years ago, during the last Parliament.

Feds to introduce bill to implement UNDRIP

Foot chase by Mountie ends with military rescue

Foot chase by Mountie ends with military rescue
When officers arrived at the property in Bridesville, east of Osoyoos, they detained four people, but a fifth person leapt into the ravine and was pursued by an officer.

Foot chase by Mountie ends with military rescue