August 9, 2022

The Queens County Citizen

Complete Canadian News World

Quebec granted $25 million to Moderna

Quebec granted $25 million to Moderna

The Legault government will pick up the checkbook to give American giant Moderna a $16.6 million grant and an $8.4 million forgiven interest-free loan to build a factory here, rather than in Ontario.

• Also Read: Moderna: Expired vaccine doses can be safely injected

• Also Read: Modern Factory: Quebec is still in the race

Last March, News magazine The pharmaceutical giant pointed out that the state of Quebec is knocking on the door. It took the Legault government less than six months to loosen its purse strings with millions.

“Due to confidentiality reasons, we cannot share any further details on this matter”, it said yesterday Log Patricia Gauthier, CEO of Moderna Canada, about the future $180 million plant.

Not more than $25 million

In Finance Minister Pierre Fitzgibbon’s office, it was confirmed that Quebec would grant the company no more than $25 million.

It is still unclear where the vaccine plant will be built in the Montreal area.

“The partnership agreement between Moderna and the Government of Canada is separate from the agreement we have with the Government of Quebec. I’m not in a position to give you more details,” Modern Canada CEO Patricia Gauthier replied yesterday. News magazine They wanted to know how much their contribution would be in the form of vaccine purchases.

– In collaboration with Sylvain Larocque

READ  Pfizer faces challenges in manufacturing COVID-19 vaccines, a U.S. health official has said