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Trudeau commits $850 million to global fight against COVID-19

BY , May 4, 2020 4:28 PM - REPORT AN ERRORLAST UPDATED ON May 4, 2020 4:54 PM

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.

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