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Aug 10, 2021 3:37 PM -

Moderna to sign agreement to build mRNA production plant in Canada

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Innovation Minister Francois-Philippe Champagne has announced that a key player in the vaccine production sector is coming to Canada.

Speaking in Montreal this morning, he says Moderna will set up a highly advanced facility to manufacture m-R N-A vaccines on Canadian soil.

Champagne says it will help the country in the case of a pandemic and will allow Canadians to become more resilient and play a role in global health.

The government has promised 2.2-billion-dollars for biotechnology research and commercial production over the next seven years.

Prime Minister Justin Trudeau, who is expected to call an election very soon, has staked some political capital on rebuilding Canadian life sciences.

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Canada-US Trade Talks Near Critical Deadline as Tariff Threat Looms

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Canada and the United States are at a critical point in their ongoing trade negotiations, with the August 19 deadline for avoiding new U.S. tariffs on Canadian exports fast approaching. Despite intensive discussions between officials from both countries, no agreement has been reached so far. Canadian officials are reportedly dissatisfied with Washington’s latest proposal, saying the offer falls well short of what Ottawa had been seeking. According to reports, the United States presented a new proposal on Tuesday that included reductions in tariffs on certain sectors. However, the proposed re

Canada Announces $34 Million in Climate Funding for Communities

Canada Announces $34 Million in Climate Funding for Communities

The federal government has announced $34 million in funding to help communities across Canada deal with the impacts of climate change. The funding will support municipalities and local organizations in launching projects aimed at reducing the risks posed by natural disasters such as floods, wildfires and extreme heat. Federal Environment Minister Julie Dabrusin announced the funding in Halifax today, acknowledging that Canada’s climate is changing and that communities need to be better prepared for its impacts. According to Dabrusin, the funding will support 141 climate-related projects acro

Two Surveys Raise Concerns Over Canada’s Trade and Jobs

Two Surveys Raise Concerns Over Canada’s Trade and Jobs

Two recent surveys on Canada’s trade outlook have raised concerns about the impact on small businesses and employment. A survey released Wednesday by the Canadian Federation of Independent Business (CFIB) says small Canadian exporters could face a revenue loss of at least 50 per cent if a new 50-per-cent tariff is imposed. Meanwhile, a separate survey conducted by Oxford Economics for the Canadian American Business Council has warned about the potential impact of the CUSMA trade agreement. According to the report, if CUSMA comes to an end, around 102,000 jobs in Canada could be at risk. The

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