Prime Minister Justin Trudeau speaks during his daily news conference on the COVID-19 pandemic outside his residence at Rideau Cottage in Ottawa, on Sunday, May 3, 2020. THE CANADIAN PRESS/Justin Tang
World leaders are pledging billions of dollars for research into a vaccine against the new coronavirus.
During a video conference of leaders this morning, Prime Minister Justin Trudeau pledged $850 million to bolster international efforts to develop a COVID-19 vaccine and treatment, as well as to aid developing countries.
UN Secretary General Antonio Guterres says the funding target of $11.5 billion to help find a vaccine, new treatments and better tests for the disease would be merely a downpayment on the tools that will be needed to fight the virus.