Canada Contributes $75 Million to COVID-19 Pandemic Support
Canada's Prime Minister Justin Trudeau participated in a virtual meeting of the G7 Leaders on February 19, 2021, and announced Canada would provide an additional $75 million to top-up its support to the Access to COVID-19 Tools (ACT) Accelerator that develops and provides tests, treatments, and vaccines around the world.
“Together, we can tackle the most pressing global challenges and build a safer and more resilient future for everyone. Today’s G7 meeting was an opportunity to address the health and economic impacts of the global COVID-19 pandemic and discuss other important issues, including the climate crisis. Canada looks forward to continuing these discussions and supporting the UK’s ambitious agenda throughout their 2021 G7 Presidency," said the Rt. Hon. Justin Trudeau, in a press statement.
Including this announcement, Canada has committed $940 million to the ACT Accelerator.
Canada has also mobilized more than $2 billion in international assistance in response to COVID-19. This includes $940 million for the ACT-Accelerator; Over $740 million in humanitarian and development assistance to respond to the immediate needs created by COVID-19; and Canada has worked with organizations to adapt their existing funding arrangements with Global Affairs Canada to ensure their activities could address the immediate needs created by the pandemic in developing countries for a total of $488 million.