Federal government invests $200 million to build an mRNA vaccine plant in Ontario
MAY 18, 2021— The federal government today announced a $200-million investment to help a Mississauga, Ont.-based company build a plant that can churn out millions of mRNA vaccines.
Innovation Minister François-Philippe Champagne said the money will be used to expand an existing site owned by Resilience Biotechnologies Inc. to provide “made-in-Canada solutions such as vaccines and treatments for future pandemics.”
The funds will expand Resilience’s manufacturing and fill-finish capacity for a number of vaccines and therapeutics, including mRNA shots like the ones now being used to fight COVID-19, Champagne said.
The government says the plant expansion will create 500 permanent jobs and 50 co-op placements for students once construction is complete in 2024. READ MORE