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.
Canada boosts science, vaccine research with $518M in new federal funding 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.