Close X
Thursday, November 28, 2024
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

Blair says Beijing visa applications secure

Blair says Beijing visa applications secure
Blair says he can only make assumptions because the arrangement was put in place in 2008, under the previous Conservative government.

Blair says Beijing visa applications secure

West Vancouver man fined, jailed for tax evasion

West Vancouver man fined, jailed for tax evasion
Court records show Michael Sholz was sentenced Wednesday in provincial court in Vancouver.

West Vancouver man fined, jailed for tax evasion

B.C. Liberal leader to be chosen next year

B.C. Liberal leader to be chosen next year
The party says the winner of its leadership race will be announced on Feb. 5, 2022, after three days of voting by party members.

B.C. Liberal leader to be chosen next year

Secretary of state chats up Trudeau, Garneau

Secretary of state chats up Trudeau, Garneau
Antony Blinken is visiting virtually with Foreign Affairs Minister Marc Garneau as part of the Biden administration's post-Trump fence-mending campaign.

Secretary of state chats up Trudeau, Garneau

B.C. police face investigation over video footage

B.C. police face investigation over video footage
Const. Tania Visintin says the officers responded to calls about a deceased individual at Stanley Park's Third Beach, and waited for the coroner to arrive.

B.C. police face investigation over video footage

BC Premier gives green light to Site C with a price tag of $16B

BC Premier gives green light to Site C with a price tag of $16B
The provincial government says the skyrocketing expenses are due to construction setbacks, geotechnical issues, COVID-19 and other cost and schedule pressures.

BC Premier gives green light to Site C with a price tag of $16B