COVID-19 Update for May 4, 2020 – 12:05pm

May 4, 2020

This morning, Prime Minister Justin Trudeau joined an alliance of world leaders for a global virtual summit aimed at raising billions of dollars to fund research and development for vaccines, treatment and testing in response to the COVID-19 pandemic.

Coronavirus Global Response

The Prime Minister announced that Canada and international partners have launched the “Coronavirus Global Response” dedicated to raise more than $8 billion to help researchers and innovators develop solutions to test, treat and protect people against COVID-19.

The PM highlighted that Canada’s contribution of $850 million toward the initiative includes investments to support both Canadian and international research targets including implementation of vaccination through The Coalition for Epidemic Preparedness Initiative and Vaccine development through World Health Organization’s solidarity trials. “The more we cooperate, the more likely we’ll find a cure,” Trudeau said.

Currently, more than 100 research groups are pursuing vaccines with nearly a dozen in early stages of human trials or poised to start trails soon.

If you have any questions about this update, please let us know.


We hope you are finding these COVID-19 updates useful. In addition to trying to keep on top of the fast-changing situation, Enterprise is also working to support local charities during these challenging times. If you are able, your contributions to this effort would be deeply appreciated.

To donate, please click on the organization below:

Many thanks.

Stay safe. Stay healthy.

The Enterprise Team

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