After squandering on private-sector COVID vaccine, is Ottawa ready for public ownership? Ottawa’s snub of public ownership appears to be rooted in the notion that the private sector does things better. Opinion by LindaMcQuaig
Having squandered half a billion dollars in a fruitless quest to induce drug companies to produce a made-in-Canada vaccine, might the Trudeau government finally be willing to consider a truly innovative solution: public ownership?
The sheer idiocy of that privatization wasn’t widely appreciated until the onset of the pandemic, when it became clear just how vulnerable we are as a country without Connaught’s vaccine capacity. Since then, the Trudeau government has been bowing and scraping before biotech and pharmaceutical companies — while handing them truckloads of cash — in the hope of coaxing them to produce a vaccine here that Canadians can rely on.
It’s difficult to overstate how well Connaught served Canadians for seven decades. But first let’s quickly note how badly we’re served by Big Pharma.five new billionaires
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