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Ottawa must be more transparent regarding COVID-19 vaccine rollout: expert – Canada News – Castanet.net

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As some provinces push for clarity on when they will receive their share of Canada’s COVID-19 vaccines, one expert said Monday the government should be more transparent about the terms of its contracts with the companies making the shots.

Kerry Bowman, who teaches bioethics and global health at the University of Toronto, said it’s likely Ottawa doesn’t have the information the provinces are seeking regarding the timing and quantity of vaccine deliveries, particularly if its contracts with drugmakers are conditional.

But if that’s the case, he said, the federal government should state it clearly or risk eroding public trust in its system.

While news that COVID-19 immunizations could begin in some countries in a matter of weeks is good for Canada in the long term, it will lead to widespread frustration in the near future if the country is lagging behind, he added.

“There’s benefits to all of humankind, no matter who’s getting it,” he said.

Still, “if two weeks from now, the news is full of us watching people all over the world being inoculated, including the United States, and we’re not, there’s going to be some very unhappy Canadians.”

As well, he said, any delay in immunization translates to more COVID-19 cases and deaths, and mounting economic strain.

“People will die and other people’s lives will continue to be ruined until we pull out of it. And so, to me, whether it’s this month or that month (that we get the vaccine) is not irrelevant — it’s highly relevant,” he said.

Ontario Premier Doug Ford renewed his calls Monday for a clear delivery date for the province’s share of vaccines, stressing that “the clock is ticking” when it comes to fighting the novel coronavirus.

Ford said he was set to speak to Pfizer, one of the drugmakers that has entered into an agreement with Canada, on Monday afternoon but expected to be told the information must come from Ottawa.

The premier cited reports that other countries, such as the United Kingdom, are on track to start COVID-19 immunizations soon, adding Ontarians “need answers.”

Meanwhile, the American biotech company Moderna said Monday the first 20 million doses of its COVID-19 vaccine will be shipped to the United States next month.

The chairman of the American vaccine maker told the CBC on Sunday that Canada is near the front of the line to receive the 20 million doses it pre-ordered, confirming that the country’s early commitment to purchasing the shots means it will get its supply first.

Moderna is one of several companies to have already submitted partial data to a “rolling review” process offered by Health Canada. Rather than presenting regulators with a complete package of trial results, the would-be vaccine makers file data and findings as they become available. Canada has been looking at Moderna’s first results since mid-October.

The issue of when Canada will receive its orders came to the forefront last week when Prime Minister Justin Trudeau said the country will have to wait a bit because the first doses off the production lines will be used in the countries where they are made.

Trudeau has repeatedly defended his government’s vaccine procurement policy, saying Ottawa has secured multiple options for the country.

The federal government was pressed on the matter further during Monday’s question period, as some MPs called for greater transparency regarding vaccine rollout, noting other countries such as Australia have made their plans public.

Health Minister Patty Hajdu said the government has been working with the provinces and territories to ensure the plan is robust.

“Canada is well-served by the diversity of vaccines we have purchased early and in fact in great quantity. Canadians can be assured they too will have access to these vaccines that will bring us to the end of COVID-19,” she said.

Case counts remained high in several provinces Monday.

Ontario, Alberta and Quebec, reported 1,746, 1,733 and 1,333 new infections respectively. Together, the three provinces had 39 new deaths related to the virus.

Toronto, one of two Ontario hot spots currently under lockdown, recorded a daily high of 643 new infections.

In Manitoba, health officials stressed residents must limit their contact with others in order to bring down the numbers, as the province reported 342 new cases and 11 additional deaths.

The provincial government imposed strict measures on business openings and public gatherings more than two weeks ago, but officials said the test positivity rate remains at 13 per cent.

Nunavut, however, will begin to lift the lockdown measures it enacted in mid-November on Wednesday, as more people recover from the illness.

Only Arviat, which has 86 active cases, will continue to be in lockdown for at least another two weeks, with travel restrictions in place, Nunavut officials said.

The territory reported four new cases Monday, bringing the total to 181.

In British Columbia, the province announced the highest number of deaths for a three-day period as it recorded 46 fatalities over the weekend.

Provincial health officer Dr. Bonnie Henry became emotional Monday as she expressed her condolences to families and thanked caregivers for their dedication.

“Health-care workers have been at the front lines, or maybe the last line of defence right now,” she says. “I know how challenging it is and I’m with you every single day, supporting you in admiration for the work that you’re doing.”

Out east, six new infections have been recorded in New Brunswick today, while Newfoundland and Labrador reported one.

Nova Scotia reported 16 new cases of COVID-19, bringing its total of active cases to 138.

On Sunday, the federal government announced it will extend a series of travel restrictions meant to limit the spread of COVID-19 into January, in light of the steady rise in case counts across the country.

Public Safety Minister Bill Blair and Hajdu said in a statement the measures, which were first enacted near the start of the global health crisis, would be in effect until Jan. 21, 2021, for travellers entering Canada from a country other than the United States.

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Canada Goose to get into eyewear through deal with Marchon

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TORONTO – Canada Goose Holdings Inc. says it has signed a deal that will result in the creation of its first eyewear collection.

The deal announced on Thursday by the Toronto-based luxury apparel company comes in the form of an exclusive, long-term global licensing agreement with Marchon Eyewear Inc.

The terms and value of the agreement were not disclosed, but Marchon produces eyewear for brands including Lacoste, Nike, Calvin Klein, Ferragamo, Longchamp and Zeiss.

Marchon plans to roll out both sunglasses and optical wear under the Canada Goose name next spring, starting in North America.

Canada Goose says the eyewear will be sold through optical retailers, department stores, Canada Goose shops and its website.

Canada Goose CEO Dani Reiss told The Canadian Press in August that he envisioned his company eventually expanding into eyewear and luggage.

This report by The Canadian Press was first published Sept. 19, 2024.

Companies in this story: (TSX:GOOS)

The Canadian Press. All rights reserved.

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A timeline of events in the bread price-fixing scandal

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Almost seven years since news broke of an alleged conspiracy to fix the price of packaged bread across Canada, the saga isn’t over: the Competition Bureau continues to investigate the companies that may have been involved, and two class-action lawsuits continue to work their way through the courts.

Here’s a timeline of key events in the bread price-fixing case.

Oct. 31, 2017: The Competition Bureau says it’s investigating allegations of bread price-fixing and that it was granted search warrants in the case. Several grocers confirm they are co-operating in the probe.

Dec. 19, 2017: Loblaw and George Weston say they participated in an “industry-wide price-fixing arrangement” to raise the price of packaged bread. The companies say they have been co-operating in the Competition Bureau’s investigation since March 2015, when they self-reported to the bureau upon discovering anti-competitive behaviour, and are receiving immunity from prosecution. They announce they are offering $25 gift cards to customers amid the ongoing investigation into alleged bread price-fixing.

Jan. 31, 2018: In court documents, the Competition Bureau says at least $1.50 was added to the price of a loaf of bread between about 2001 and 2016.

Dec. 20, 2019: A class-action lawsuit in a Quebec court against multiple grocers and food companies is certified against a number of companies allegedly involved in bread price-fixing, including Loblaw, George Weston, Metro, Sobeys, Walmart Canada, Canada Bread and Giant Tiger (which have all denied involvement, except for Loblaw and George Weston, which later settled with the plaintiffs).

Dec. 31, 2021: A class-action lawsuit in an Ontario court covering all Canadian residents except those in Quebec who bought packaged bread from a company named in the suit is certified against roughly the same group of companies.

June 21, 2023: Bakery giant Canada Bread Co. is fined $50 million after pleading guilty to four counts of price-fixing under the Competition Act as part of the Competition Bureau’s ongoing investigation.

Oct. 25 2023: Canada Bread files a statement of defence in the Ontario class action denying participating in the alleged conspiracy and saying any anti-competitive behaviour it participated in was at the direction and to the benefit of its then-majority owner Maple Leaf Foods, which is not a defendant in the case (neither is its current owner Grupo Bimbo). Maple Leaf calls Canada Bread’s accusations “baseless.”

Dec. 20, 2023: Metro files new documents in the Ontario class action accusing Loblaw and its parent company George Weston of conspiring to implicate it in the alleged scheme, denying involvement. Sobeys has made a similar claim. The two companies deny the allegations.

July 25, 2024: Loblaw and George Weston say they agreed to pay a combined $500 million to settle both the Ontario and Quebec class-action lawsuits. Loblaw’s share of the settlement includes a $96-million credit for the gift cards it gave out years earlier.

Sept. 12, 2024: Canada Bread files new documents in Ontario court as part of the class action, claiming Maple Leaf used it as a “shield” to avoid liability in the alleged scheme. Maple Leaf was a majority shareholder of Canada Bread until 2014, and the company claims it’s liable for any price-fixing activity. Maple Leaf refutes the claims.

This report by The Canadian Press was first published Sept. 19, 2024.

Companies in this story: (TSX:L, TSX:MFI, TSX:MRU, TSX:EMP.A, TSX:WN)

The Canadian Press. All rights reserved.

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TD CEO to retire next year, takes responsibility for money laundering failures

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TORONTO – TD Bank Group, which is mired in a money laundering scandal in the U.S., says chief executive Bharat Masrani will retire next year.

Masrani, who will retire officially on April 10, 2025, says the bank’s, “anti-money laundering challenges,” took place on his watch and he takes full responsibility.

The bank named Raymond Chun, TD’s group head, Canadian personal banking, as his successor.

As part of a transition plan, Chun will become chief operating officer on Nov. 1 before taking over the top job when Masrani steps down at the bank’s annual meeting next year.

TD also announced that Riaz Ahmed, group head, wholesale banking and president and CEO of TD Securities, will retire at the end of January 2025.

TD has taken billions in charges related to ongoing U.S. investigations into the failure of its anti-money laundering program.

This report by The Canadian Press was first published Sept. 19, 2024.

Companies in this story: (TSX:TD)

The Canadian Press. All rights reserved.

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