Prime Minister Justin Trudeau says the federal government will spend more than $1 billion to help develop, test and manufacture a COVID-19 vaccine, as well as to determine how widely the virus has spread through Canada.
The cash announced today is on top of $275 million in research funding the Liberals announced in March at the outset of the pandemic.
Most of the new money is aimed at funding vaccine development and clinical trials, including $600 million over two years through a federal innovation fund that the government says could help the country’s biomanufacturing sector.
Trudeau also paid tribute on Thursday to the victims of the Nova Scotia shooting that has left at least 22 people dead, saying he spoke with the families of some of the victims and that “in the face of such tragedy, their strength is remarkable.” He said he also spoke with RCMP members and local mayors. The prime minister also recognized the difficulties faced by Torontonians on the two-year anniversary of the Toronto van attack, but said “together we mourn, together we heal.”
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