MisterF
Senior Member
Did they though?They got to enjoy their youth.
Did they though?They got to enjoy their youth.
Corporate welfare incoming for Sanofi, the French multi-national pharma company; under cover of building up vaccine production capacity.
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Ottawa, province to kick in millions to help fund new vaccine manufacturing facility in Toronto
Wednesday’s announcement comes after severe criticism of the Canadian government’s slow vaccine roll-out, mainly due to the country’s limited manufacturing capacity.www.thestar.com
I laud the idea of building vaccine production capacity; but if its coming with hundreds of millions in government dollars, it can flow to a public sector, non-profit outfit; and/or a Canadian for-profit company; in which
the government is getting a substantial equity stake for its capital!
Corporate welfare incoming for Sanofi, the French multi-national pharma company; under cover of building up vaccine production capacity.
![]()
Ottawa, province to kick in millions to help fund new vaccine manufacturing facility in Toronto
Wednesday’s announcement comes after severe criticism of the Canadian government’s slow vaccine roll-out, mainly due to the country’s limited manufacturing capacity.www.thestar.com
I laud the idea of building vaccine production capacity; but if its coming with hundreds of millions in government dollars, it can flow to a public sector, non-profit outfit; and/or a Canadian for-profit company; in which
the government is getting a substantial equity stake for its capital!
The area confuses me a bit. Aren't we the people already funding the development/expansion of a Quebec-based biomedical production facility?
Perhaps more than one is needed.
I'm not sure there is such a thing as a not-for-profit player in this industry that is not simply a government entity.
There also might be trade agreement implications for the creation of a state-level entity but that's beyond me. Besides, by the time the bureaucracy got around to creating one we will be halfway through the next crisis.
Corporate welfare incoming for Sanofi, the French multi-national pharma company; under cover of building up vaccine production capacity.
![]()
Ottawa, province to kick in millions to help fund new vaccine manufacturing facility in Toronto
Wednesday’s announcement comes after severe criticism of the Canadian government’s slow vaccine roll-out, mainly due to the country’s limited manufacturing capacity.www.thestar.com
I laud the idea of building vaccine production capacity; but if its coming with hundreds of millions in government dollars, it can flow to a public sector, non-profit outfit; and/or a Canadian for-profit company; in which
the government is getting a substantial equity stake for its capital!
So we're finally thinking about our own production facility now
1 year after other G7 countries
Oh I forgot our plan was to collaborate with a CHINESE company to produce vaccines.
The same country that is holding our 2 citizen hostage
What a mess, incompetent PM, incompetent government that we as tax paying citizens have to wear the brunt of
Canada’s failed vaccine partnership with China: The ongoing search for transparency
You're correct it doesn'tThat Sanofi facility always existed - the only thing is that it doesn't produce COVID vaccines (and Sanofi didn't have a viable vaccine yet). Which is the point - you can make bets, it doesn't mean whatever you worked on/contracted for will actually work.
AoD
You're correct it doesn't
But it would have been a better investment of tax payers money and energy than the Chinese vaccine partnership
We should have started investing in our own production facility which we are now instead of sinking into an unstable and unproven partnership
Well, the results speak for itself....once again thanks to a great PM
Canada’s failed vaccine partnership with China: The ongoing search for transparency
Yes, correct, the point it it is a welcoming change and a step in the right direction, albeit a late oneYou are pivoting to make a point, which is fine - but it really doesn't have anything to do with this announcement, does it?
AoD
Call it a matter of national (bio)security - which it frankly is - and be done with it.
AoD
That Sanofi facility always existed - the only thing is that it doesn't produce COVID vaccines (and Sanofi didn't have a viable vaccine yet). Which is the point - you can make bets, it doesn't mean whatever you worked on/contracted for will actually work.
AoD