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Every vaccine maker was asked to make their doses in Canada and all said no: Anand – CP24 Toronto's Breaking News

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OTTAWA – Every COVID-19 vaccine maker Canada signed a contract with last summer was asked if they could make the doses in Canada and all of them concluded they could not, Procurement Minister Anita Anand said Thursday.

Anand told the House of Commons industry committee that her department “proactively and repeatedly approached leading vaccine manufacturers” about the matter.

“We took this issue up with suppliers at every turn at the negotiating table to discern whether they would come to the table with this possibility of domestic biomanufacturing,” Anand said.

“The manufacturers reviewed the identified assets here in Canada and concluded that biomanufacturing capacity in this country, at the time of contract, which was last August and September, was too limited to justify the investment of capital and expertise to start manufacturing in Canada.”

Many of the COVID-19 vaccine makers sought partners to help produce their product. Moderna signed a 10-year exclusivity agreement with Swiss manufacturer Lonza to make its vaccine. AstraZeneca sought deals with multiple countries to produce its vaccine last summer and fall, including China, Brazil, Mexico, Australia, India and South Korea.

NDP MP Don Davies questioned why Canada isn’t among them, and Anand said “I raised this issue personally with AstraZeneca last August.”

A spokesman for AstraZeneca confirmed Anand’s statements related to its vaccine, known as AZD1222.

“During the course of our discussions with the Canadian government, we reviewed in-country manufacturing capability and available capacity against the technical requirements for AZD1222,” said Carlo Mastrangelo, AstraZeneca’s director of corporate communications and sustainability.

“After discussion with the government and our technical experts, we agreed that the fastest and most effective option to ensure timely Canadian supply of AZD1222 was to leverage an existing supply chain that was already established and beginning the qualification process.”

Prime Minister Justin Trudeau announced earlier this week Canada has a new contract with Maryland-based Novavax to eventually make doses of its vaccine at a new National Research Council facility going up in Montreal.

Novavax CEO Stanley Erck said in a statement his company sees the deal with Canada as “an important step forward in our quest to deliver an urgently needed safe and effective vaccine.”

“The memorandum of understanding also includes a broader intention for the government of Canada and Novavax to work together to increase the company’s Canadian presence,” he said.

But the new NRC building won’t be finished until the summer and the new doses are not likely to start being pumped out until late fall at the earliest, long after Canada expects to import enough doses to vaccinate the entire population.

Vaccine manufacturing will be newly available at the Vaccine and Infectious Disease Organization at the University of Saskatchewan next year, and at Precision Nanosystems in British Columbia in 2023. But none of that helps Canada make doses of COVID-19 vaccines today, and the delays to Canada’s shipments continue.

Delays getting Lonza’s second and third production line up and running in Switzerland is blamed for Moderna’s smaller deliveries this month. Moderna was to deliver 230,000 doses to Canada this week, but 180,000 arrived Thursday morning instead.

A spokeswoman for the company says it will still deliver two million doses total by the end of March. The company has delivered about half a million thus far, leaving 1.5 million for the only two shipments planned after this week before that deadline.

But Maj.-Gen. Dany Fortin, the military commander managing logistics of vaccine deliveries for the Public Health Agency of Canada, said Thursday Canada doesn’t expect to get the 249,600 doses it was initially allocated for the Feb. 22 shipment either.

That comes after a month of smaller shipments from Pfizer-BioNTech, which was supposed to deliver more than 1.1 million doses between Jan. 18 and Feb. 14, and instead is delivering fewer than 340,000.

Fortin said Pfizer is resuming more normal shipments on Feb. 15, with 335,000 doses coming that week, and almost 400,000 the week after.

Provincial governments are expressing their exasperation with the vaccine supply shortages and the lack of clear information from Ottawa about what is coming and when.

“I have advocated for both a consistent supply of vaccines and a consistent supply of information,” Saskatchewan Premier Scott Moe said

“Unfortunately, we continue to get neither.”

He said he would push Trudeau to do better during the weekly first ministers’ phone call later Thursday.

After that call, a federal official said Trudeau assured premiers that despite the uncertainty over the supply of vaccines from week to week, Pfizer and Moderna continue to promise that Canada will receive six million doses by the end of March, as they contracted to do.

He also told premiers that the federal government is sharing all information it gets from the companies about the vaccine supply as soon as it receives it and is holding nothing back, according to the official, who wasn’t authorized to speak publicly about the call.

Canada’s reliance on foreign production of vaccines came to the forefront in the last week when Europe – where all of Canada’s current vaccines are made – imposed export controls to protect their own supplies. Europe has assured Canada it won’t affect Canada’s shipments and Anand said so far that is true.

Canada’s shipments from Pfizer and Moderna this week were allowed to go out, and Anand said next week’s Pfizer shipment has been approved as well.

Canada is also going to get fewer than 500,000 doses of AstraZeneca’s vaccine this winter, after believing just two days ago it could be more than twice that. Those doses are coming from the global vaccine initiative known as the COVAX Facility but can’t be released until the World Health Organization approves AstraZeneca’s vaccine.

Dr. Seth Berkley, the CEO of Gavi, The Vaccine Alliance, which is one of the COVAX’s coordinators, said some doses are now not coming until the summer because of a delay getting that approval from WHO.

Canada should get about 475,000 doses before the end of March, and another 1.4 million by the end of June, pending approval of the AstraZeneca vaccine by WHO and Health Canada. Both are expected imminently.

Canada has also ordered 20 million doses from AstraZeneca directly, but Fortin was tight-lipped about when any of those doses will arrive.

“We are planning a number of contingencies,” he said.

This report by The Canadian Press was first published Feb. 4, 2021.

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Roots sees room for expansion in activewear, reports $5.2M Q2 loss and sales drop

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TORONTO – Roots Corp. may have built its brand on all things comfy and cosy, but its CEO says activewear is now “really becoming a core part” of the brand.

The category, which at Roots spans leggings, tracksuits, sports bras and bike shorts, has seen such sustained double-digit growth that Meghan Roach plans to make it a key part of the business’ future.

“It’s an area … you will see us continue to expand upon,” she told analysts on a Friday call.

The Toronto-based retailer’s push into activewear has taken shape over many years and included several turns as the official designer and supplier of Team Canada’s Olympic uniform.

But consumers have had plenty of choice when it comes to workout gear and other apparel suited to their sporting needs. On top of the slew of athletic brands like Nike and Adidas, shoppers have also gravitated toward Lululemon Athletica Inc., Alo and Vuori, ramping up competition in the activewear category.

Roach feels Roots’ toehold in the category stems from the fit, feel and following its merchandise has cultivated.

“Our product really resonates with (shoppers) because you can wear it through multiple different use cases and occasions,” she said.

“We’ve been seeing customers come back again and again for some of these core products in our activewear collection.”

Her remarks came the same day as Roots revealed it lost $5.2 million in its latest quarter compared with a loss of $5.3 million in the same quarter last year.

The company said the second-quarter loss amounted to 13 cents per diluted share for the quarter ended Aug. 3, the same as a year earlier.

In presenting the results, Roach reminded analysts that the first half of the year is usually “seasonally small,” representing just 30 per cent of the company’s annual sales.

Sales for the second quarter totalled $47.7 million, down from $49.4 million in the same quarter last year.

The move lower came as direct-to-consumer sales amounted to $36.4 million, down from $37.1 million a year earlier, as comparable sales edged down 0.2 per cent.

The numbers reflect the fact that Roots continued to grapple with inventory challenges in the company’s Cooper fleece line that first cropped up in its previous quarter.

Roots recently began to use artificial intelligence to assist with daily inventory replenishments and said more tools helping with allocation will go live in the next quarter.

Beyond that time period, the company intends to keep exploring AI and renovate more of its stores.

It will also re-evaluate its design ranks.

Roots announced Friday that chief product officer Karuna Scheinfeld has stepped down.

Rather than fill the role, the company plans to hire senior level design talent with international experience in the outdoor and activewear sectors who will take on tasks previously done by the chief product officer.

This report by The Canadian Press was first published Sept. 13, 2024.

Companies in this story: (TSX:ROOT)

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Talks on today over HandyDART strike affecting vulnerable people in Metro Vancouver

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VANCOUVER – Mediated talks between the union representing HandyDART workers in Metro Vancouver and its employer, Transdev, are set to resume today as a strike that has stopped most services drags into a second week.

No timeline has been set for the length of the negotiations, but Joe McCann, president of the Amalgamated Transit Union Local 1724, says they are willing to stay there as long as it takes, even if talks drag on all night.

About 600 employees of the door-to-door transit service for people unable to navigate the conventional transit system have been on strike since last Tuesday, pausing service for all but essential medical trips.

Hundreds of drivers rallied outside TransLink’s head office earlier this week, calling for the transportation provider to intervene in the dispute with Transdev, which was contracted to oversee HandyDART service.

Transdev said earlier this week that it will provide a reply to the union’s latest proposal on Thursday.

A statement from the company said it “strongly believes” that their employees deserve fair wages, and that a fair contract “must balance the needs of their employees, clients and taxpayers.”

This report by The Canadian Press was first published Sept. 12, 2024.

The Canadian Press. All rights reserved.

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Transat AT reports $39.9M Q3 loss compared with $57.3M profit a year earlier

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MONTREAL – Travel company Transat AT Inc. reported a loss in its latest quarter compared with a profit a year earlier as its revenue edged lower.

The parent company of Air Transat says it lost $39.9 million or $1.03 per diluted share in its quarter ended July 31.

The result compared with a profit of $57.3 million or $1.49 per diluted share a year earlier.

Revenue in what was the company’s third quarter totalled $736.2 million, down from $746.3 million in the same quarter last year.

On an adjusted basis, Transat says it lost $1.10 per share in its latest quarter compared with an adjusted profit of $1.10 per share a year earlier.

Transat chief executive Annick Guérard says demand for leisure travel remains healthy, as evidenced by higher traffic, but consumers are increasingly price conscious given the current economic uncertainty.

This report by The Canadian Press was first published Sept. 12, 2024.

Companies in this story: (TSX:TRZ)

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