Friday, December 03, 2021

Merkel taps 'highlight' by punkrocker for farewell parade



Angela Merkel surprised observers with an eclectic choice of music for her farewell (AFP/John MACDOUGALL)More

Thu, December 2, 2021

With a hit by the "godmother of punk" Nina Hagen, Germany's military saluted a visibly moved Angela Merkel during a ceremonial farewell Thursday, just a week before she is due to bow out of politics after 16 years in office.

Soldiers in full regalia and carrying flaming torches took part in the carefully choreographed evening event, accompanied by a marching band performing traditional military music and Merkel's own playlist.

The ceremonial send-off came just days before Germany's parliament is due to officially elect Social Democrat Olaf Scholz as Merkel's replacement, putting the centre-left politician in charge after 16 years of conservative-led rule.

At the ceremony, Merkel said her four terms were "eventful and often very challenging years.

"They have challenged me politically and humanly and at the same time, they were also fulfilling."

Alluding to the challenge of countering fake news as Germany fights the relentless coronavirus pandemic, she underlined the "great significance of trust in politics, science and societal discourse -- and also how fragile all that is".

Stressing that democracies live on "solidarity and trust -- also from trust in facts", she said that where scientific facts were being denied and where conspiracy theories abound, they must be energetically countered.

- 'Highlight of my youth' -


Known for her regular attendance at Bayreuth opera festival, dedicated to the composer Richard Wagner, Merkel had surprised military band leaders and political commentators alike with her unusual playlist for the military pomp.

While Helmut Kohl opted for Beethoven's "Ode to Joy" and Gerhard Schroeder plumped for Frank Sinatra's "My Way" when it was their turn to bow out, Merkel chose East German pop song "Du hast den Farbfilm vergessen" (You forgot the colour film) by Nina Hagen.



Asked at a press conference Thursday about the pick, Merkel said it harked back to her younger days in communist East Germany.

"The song was a highlight of my youth... The song also came from East Germany and, coincidentally, it is still played in a region that used to be my constituency. So everything fits today," the 67-year-old said.

Merkel was born in the port city of Hamburg, but her father, a Lutheran clergyman and a schoolteacher, moved the family to a small-town parish in the communist East at a time when tens of thousands were headed the other way.

Hagen, who began her career in the East, emigrated to West Germany and became a leading figure in the punk scene of the 1980s.

In the song, Hagen complains that because her boyfriend forgot to bring colour film for the camera on their holiday, "no one would believe how beautiful it was here".

An orchestral arrangement of the song, first released in 1974, was specially written by a music corps clarinetist for the ceremony.


- 'Unexpectedly sentimental' -

While few were surprised by Merkel's pick of the hymn "Grosser Gott, wir loben dich" (Holy God, we praise thy name), commentators also raised their eyebrows over the third song, touching sixties ballad "Fuer mich soll's rote Rosen regen" (It should rain red roses for me) by Hildegard Knef.



The tear-jerker is "unexpectedly sentimental for a woman with the sensible, pragmatic style of government," noted Spiegel.

Its lyrics may hint at Merkel's future, said Spiegel, citing the stanza: "Let it rain red roses for me, let me encounter new wonders, let me unfold anew from the old."


Her choices reflected Merkel's ability to "send messages better with gestures than with words", the German Sueddeutsche daily wrote.

The veteran leader, who once said her dream back behind the Iron Curtain had been "to see the Rocky Mountains, drive around in a car and listen to Bruce Springsteen," has been tight-lipped about what she'll do next.


But she has said she pictures herself reading and maybe taking "a little nap".

The military ceremony, known as a "grosser Zapfenstreich", has its origins in the 16th century and is the highest tribute paid by the German army.


sea-hmn/cdw
 

Angela Merkel's surprising choice of farewell music

On Thursday an elaborate military ceremony will bid Chancellor Angela Merkel farewell. One song chosen by Merkel for the occasion, by punk legend Nina Hagen, has surprised many.

    

Merkel leaves office after 16 years

Angela Merkel is finally bidding farewell to the office of German chancellor after 16 years in the top job.

Although she will remain in office on an interim basis until the next chancellor is confirmed, Thursday evening will see her attend a military tattoo in her honour.

The so-called "Großer Zapfenstreich" is the highest military ceremony in Germany and comes complete with a torchlight procession, soldiers performing music and marching with clockwork precision.

Like her predecessors, Merkel has been allowed to request three songs for the military marching band to play.

Two are unlikely to raise eyebrows: The 18th-century Christian hymn "Großer Gott, wir loben dich" ("Holy God, We Praise Thy Name") — likely a nod to her political party's Christian roots and her upbringing with a Protestant pastor for a father.








The other is the popular song by German singer Hildegard Knef "Für mich, soll's rote Rosen regnen" ("It should rain red roses for me"). It's a wistful tune about teenage dreams and ambition, with lyrics such as "I want all or nothing."

Anthem by punk legend Nina Hagen

Yet one song chosen by the chancellor may come as a surprise to many — the 1974 East German hit sung by punk rocker Nina Hagen, "Du hast den Farbfilm vergessen" ("You forgot the color film").

An iconoclastic pop star back in the German Democratic Republic, Nina Hagen became the punk icon of West Germany after the fall of the Berlin Wall.

It's a unique selection, not least because Merkel has rarely referred to her East German upbringing in Templin, a town in the region of Brandenburg in the former East. During her youth she listened to the song in which Hagen sings an angry lament to her boyfriend for only taking black and white film on a vacation.

It was such a hit at the time that many who lived in the former East still remember the lyrics, especially the famous line: "No one will believe how beautiful it was here."

Although it was not censored by the government, the song was widely understood as a criticism of the dark and drab German Democratic Republic, where color film was a rare commodity.

The choice could finally see Merkel revealing her "Ostalgie" — nostalgia for East Germany. Or perhaps the chancellor was showing her humorous side. 

In fact, around 30 years ago, Angela Merkel, then federal minister for women and youth, met Nina Hagen on a TV talk show. During a discussion about drug addiction, Hagen blew up at her on camera: "I'm fed up with your lying, with your hypocrisy" she said. Merkel has likely since forgiven her.

A military farewell with a long history

Bidding farewell to German chancellors, presidents and defense ministers with a military tattoo is a tradition dating back to the 16th century. Back then the ceremony in military camps was marked by much drinking and gambling.

A routine had to be introduced to signal the end of the festivities: An officer or sergeant, accompanied by a drummer and a piper, walked through the camp and struck the taps of alcohol barrels with his saber or baton, meaning no more beer, schnapps or wine could be served. Those who did not comply were subject to severe punishment.

'COVER GIRL' CHANCELLOR: ANGELA MERKEL IN THE PRESS
Euro branding iron or whip?
In 2011, in the midst of the euro crisis, the Spanish satirical magazine "El Jueves" portrays the German chancellor as a tough dominatrix. "(Euro) branding iron or whip?" she asks Spain's head of government, Mariano Rajoy. "It depends," he whimpers back. With the cartoon, the magazine wanted to highlight the very strict conditions via which Merkel would grant Spain financial aid.

Down the years, the "Zapfenstreich" has developed into the ceremony it is today. However, some see it as an inappropriate adherence to symbolism that dates back to darker times.

For example, when German soldiers returning from Afghanistan this year were met by a torchlight military procession featuring hundreds of steel helmets gleaming in front of the Reichstag, some critics said it reminded them of Nazi marches.

Playlists of the past

In recent decades. the music requests have lightened up the ceremony. Former Defense Minister Thomas de Maiziere, for example, had 1985 euro dance hit "Life is Life" by the band Opus on his playlist — a song popular with German vacationers in the party hotspots of Mallorca.

When President Christian Wulff had to resign from his office after just 20 months following a scandal, he was met with the jarring sound of vuvuzelas played by spectators venting their displeasure. The Bundeswehr orchestra bravely played "Somewhere Over The Rainbow" in an attempt to drown out the noise.

Former Chancellor Gerhard Schröder challenged the orchestra with the 1920s ballad "Mack the Knife" from Bertolt Brecht and Kurt Weill's "The Threepenny Opera," and George Gershwin's "Summertime." Schröder was also ridiculed for his choice of the languorous Sinatra classic, "My Way".

Yet one song seems to be a favorite among outgoing politicians: The anthem "Ode to Joy" by Ludwig van Beethoven. It's been requested three times, including by former German Defense Minister and current President of the European Commission, Ursula von der Leyen.

Hopes for the future

The closing lyrics of Hildegard Knef's "It should rain red roses for me," chosen by Angela Merkel for this week's farewell ceremony, perhaps indicate something of the chancellor's hopes for the future: "I should submit, be content … I still want to win; want all or nothing."

Angela Merkel will retire from politics when she leaves office. But, if the song's lyrics are any clue, it's far from the end of the 67-year-old's journey.


Angela Merkel honored by German


military with punk rock sendoff


By Nadine Schmidt, CNN 2 hrs ago

Germany's military honored Chancellor Angela Merkel with their highest ceremony for a civilian on Thursday, complete with an eclectic mix of music personally selected by the outgoing leader and punctuated by an emotional speech.


© Friedemann Vogel/EPA-EFE/ddp images/Sipa USA German Chancellor Angela Merkel makes a speech at the Defence Ministry during the Grand Tattoo (Grosser Zapfenstreich), a ceremonial send-off for her in Berlin on December 2, 2021.
 EPA-EFE/FRIEDEMANN VOGEL/POOL (Photo by ddp images/Sipa USA)

During the "Großer Zapfenstreich," or the Grand Tattoo ceremony -- which was pared back due to the Covid-19 pandemic -- members of the armed forces played a 1960s song that includes the words "I can't acquiesce, can't make do, I still want to win," and the song "You Forgot The Color Film," which was first performed by East German punk artist Nina Hagen, Reuters reported.

Merkel is due to officially step down next week after 16 years in office. She will be succeeded by Social Democrat Olaf Scholz, who is expected to be sworn in as chancellor after lawmakers give him the final green light.

In a heartfelt speech at the ceremony in Berlin, Merkel said that her time in power had "challenged" her both politically and personally.

"But at the same time, it was a deeply satisfying position," she said.

She also thanked frontline workers for their efforts throughout the Covid-19 pandemic, and applauded the country's ability to engage in constructive pro-democratic discourse throughout the last two years.

''Our democracy lives from the capacity to engage critically with the ideas and to correct its path and it lives from balancing out the respect that we have for one another and for the interest we have for one another -- based on solidarity, and trust -- and also trusting in facts and trusting that wherever scientific understanding is denied and conspiracy theories are pursued and incitement to hatred is pursued. ''

Merkel also said that the pandemic has demonstrated "just how important trust in politicians, in science and in public discourse and society is. But also just how fragile those things can be."

She concluded her speech saying that it was now down to the next government ''to find answers that challenge us," and wished her successor the very best in leading Germany into the future.

Merkel, 67, grew up under Communism in East Germany, and trained as a scientist, earning a doctorate in quantum chemistry before making a move into politics following the fall of the Berlin Wall. She won a seat in the Bundestag, Germany's parliament, in the first election after reunification.

She has navigated Germany and Europe through multiple crises over her tenure and has been hailed as a champion of liberal values and a stalwart of democratic values by supporters.

But while Merkel is seen as a bold and accomplished crisis manager, critics say she risked alienating the conservative voter base of her own party, the CDU, by taking left-of-center positions on key topics including nuclear energy, foreign policy and immigration.


570-million-year-old fossils discovered in St. John's. 

Think you can find more?

Johnson Geo Centre launches fossil-finding contest

Nfld. & Labrador·Video
CBC News · Posted: Dec 01, 2021 


Are you a fossil finder?

Ancient fossilized organisms were discovered in the boulders around Quidi Vidi lake two weeks ago. Scientists are asking the public to help them find more. 2:10

The boulders lining Quidi Vidi Lake in St. John's showcase some of the oldest signs of life anywhere in the world, according to Memorial University earth sciences professor Duncan McIlroy.

The armour stone rocks are roughly 570 million years old, he said, and there are only about a dozen places on the planet where you can see fossils in rocks of that age.

McIlroy discovered fossils at Quidi Vidi Lake two weeks ago, and the Johnson Geo Centre is running a contest, hoping people will walk the lake on the lookout for more fossils before the snow falls.

See some of the fossils and learn more about the prehistoric discovery — and the ongoing contest — in the video .


Alberta Utilities Commission investigators want probe of ATCO dealings on TMX camps

'There's no doubt that there were mistakes here': ATCO

 company president

Workers survey around pipe to start of right-of-way construction for the Trans Mountain Expansion Project, in Acheson, Alta., Tuesday, Dec. 3, 2019. (Jason Franson/The Canadian Press)

Investigators at the Alberta Utilities Commission are asking the regulator to look into what they say is illegal behaviour by one of the province's largest and most prominent homegrown companies.

They allege ATCO Electric deliberately overpaid a First Nation in British Columbia by millions for work on a new transmission line in order to secure lucrative contracts providing construction camps for the Trans Mountain Expansion oil pipeline project.

ATCO then tried to pass that overpayment on to Alberta consumers, says a public document from the commission's enforcement branch on its website.

The document also alleges company management was aware the arrangement was questionable and tried to cover its tracks.

"ATCO Electric has violated (its) fundamental duty of honesty and candour to its regulator — the duty upon which the entire regulatory system relies to function efficiently and effectively," says the document filed Nov. 29.

Company president Melanie Bayley says ATCO — a global $22-billion business based in Calgary, with recognized expertise in electricity transmission and logistics — went astray.

"There's no doubt that there were mistakes here," she told The Canadian Press on Tuesday.

But she said the problem is rooted in an attempt to build capacity among the Simpcw First Nation in Barriere, B.C.

The document says the commission's investigation focused on information provided by a company whistleblower into transactions between the Simpcw and two ATCO subsidiaries. It says ATCO Electric signed a contract with a company controlled by Simpcw for work on a transmission line the company was building into Jasper, Alta., in 2018.

Investigators say the value of that sole-source, non-bid contract was at least 30 per cent higher than its market value, adding more than $12 million to its cost. That amount was later tacked on to ATCO's request for a raise in the rates it charges consumers,says the document.

Simpcw took the money and subcontracted the work, as the document says ATCO suspected it would.

Commission investigators allege in the document that ATCO Electric issued the overpriced contract because it believed it would be crucial to a deal for another ATCO subsidiary, ATCO Structures and Logistics. That company had signed a joint venture with Simpcw and helps run three camps for the TMX project on Simpcw traditional territory, a contract the document says is worth up to $100 million.

A map of Simpcw traditional territory. (Simpcw First Nation)

"To give effect to the joint venture agreement and secure financial benefits for (ATCO Structures and Logistics) ... ATCO Electric sole-sourced the matting services for the Jasper Interconnection project," the document says.

"ATCO Electric admits that Simpcw 'were threatening to back out of the (Joint Venture Agreement) should ATCO Electric not award the contract to them.' This, in turn, would result in (ATCO) losing camp contracts for the Trans Mountain Pipeline expansion project."

Investigators go on in the document to allege senior ATCO staff knew the contract violated the company's own code of conduct and provincial law, which forbids regulated companies from making large sole-source deals. Investigators allege discussions went all the way up to ATCO Electric's senior levels of management.

Nevertheless, ATCO Electric issued the contract to Simpcw under another process that didn't require competitive bids, the document says. Investigators say that move was explained in an email to senior management not subject to disclosure requirements.

"This approach was deliberately taken ... on the belief that this strategy would reduce the risk of the complete facts being discoverable by the (Commission) in regulatory proceedings," the document says.

The document says the Simpcw were of the view that the joint venture agreement between ATCO Structures and Logistics obligated all ATCO subsidiaries to offer Simpcw the exclusive right to provide contracts related to electricity transmission and distribution services.

Enforcement staff do not allege that Simpcw or its related entities engaged in any wrongdoing with respect to this matter.

A request for comment from the band's chief and administrator was not returned.

The company said in a news release that the reasons for its "errors are complex, occurred over a five-year period and are not solely attributable to any one person or team."

In the interview, Bayley defended the overpriced contract for the Simpcw as a way to help the First Nation build capacity in a new area of business.

"There was a payment that was higher than market rates, but it's important we understand the context in which businesses like ATCO engage with First Nations contractors," she said.

However, she characterized the decision to pass that cost onto consumers as one of the company's mistakes.

Bayley said ATCO has completed an internal investigation. And the company has proposed a series of remedies, including removing nearly $11 million from its rate hike request. ATCO is also tightening its First Nations contracting procedures.

All parties need to step carefully as businesses, First Nations and regulators work out how Indigenous communities can take part in economic opportunities on their lands, Bayley said.

"There's a balance that has to be struck here around the obligation of business under reconciliation to support Indigenous communities. That requires going the extra mile.

"But maybe the lesson is around how that obligation finds its way into the rules of regulators."

Commission spokesman Geoff Scotton said the agency will consider what to do with the investigative findings.

"A commission panel will take a look at the application and they will decide what the next steps in the process will be," he said. "They may seek input from other parties."

The investigators are asking ATCO to refund the money it received from rate increases due to the overpriced contract as well as any other penalties. Those penalties can be as high as $1 million per day per offence.

 

What's behind Alberta's startling reversal of fortune? Hint: It's oil prices

This week's fiscal update represents the largest

 improvement in provincial finances ever recorded

Alberta Premier Jason Kenney and Alberta Minister of Finance and President of the Treasury Board Travis Toews walk into the Alberta Legislature before delivering the 2021 budget in February. Yesterday, Toews delivered a fiscal update that presented a much rosier picture of the province's finances. (Jason Franson/The Canadian Press)
This column is an opinion from Trevor Tombe, a professor of economics at the
University of Calgary.
For more information about CBC's Opinion section, please see the FAQ.

Alberta's latest budget update opened with what is surely one of the greatest understatements in provincial fiscal history: 

"The Alberta government fiscal situation," it read, "has changed materially from the forecast presented in Budget 2021." 

This "material change", however, was one of the most significant improvements in government finances that Alberta has ever seen in its 116 years.

The government now projects the deficit for 2021/22 to fall from $18.2 billion to $5.8 billion — which, though still large, would be the smallest deficit since oil prices tanked in late 2014. For perspective, this $12.4 billion improvement is the equivalent of over $2,800 per Albertan. Adjusted for population and inflation, this is the largest year-over-year improvement in Alberta history. And as a share of GDP, it's the largest since 1987.

It's a startling reversal of fortune.

Uncertainty remains, of course. But even despite recent oil price declines — which are down roughly 20 per cent this month due to concerns around the new COVID omicron variant — the budget projections are reasonable. The government is projecting oil prices of $63.50 (WTI $US) by 2023/24, for example, which is not too far off what investors are banking on.

While this is all good news, these short-term gains may unfortunately paper over some significant risks and could distract from solving longer-term challenges. To understand that, we have to first appreciate what's driving the incredible improvements this year. 

Why Alberta's deficit declined

The government has one theory: "The second quarter fiscal update is in, and the results are STRONG!" declared a video tweeted by Alberta's Premier Jason Kenney, which added that "Alberta's Recovery Plan is working."

But this is not quite right. 

Alberta's improved fiscal situation has little to do with the government's recovery plan. Very little. 

Instead, the deficit shrank because of unforeseen (though very much welcome) increases in energy prices along with other positive external developments. 

This year, the government anticipates oil prices of $70.50 per barrel — up significantly from Budget 2021's original $46 per barrel. That extra $24.50 per barrel adds up to a lot for a province that produces over 1.3 billion barrels in a year. Natural gas prices are also way up.

Combined, this translates into an extra $8 billion in natural resource revenues this year alone. 

Other factors add to this windfall. Higher oil prices lead to higher corporate profits and employment income, for example, and therefore higher income tax revenues. Strong stock markets and boosted federal transfers also help. I illustrate all of the changes below.

It's clear that the improvements are beyond the Alberta government's control. 

Regardless, it's welcome good news. And it doesn't stop there.

A balanced budget next year?

A little noticed but surprising aspect of the fiscal update is just how close a balanced budget may be. 

Depending on how dangerous the omicron variant proves to be, it's possible the government may — just may — be able to balance the books by 2023, or possibly, next year. (Which is crazy… but also, not crazy.)

What would that take? A roughly $5-7 per barrel increase in oil prices above what the government forecasts. That's it.

Each $1 increase above the 2023 projection of $63.50 translates into nearly $450 million in additional tax and resource revenues. So if oil prices come in at $69 per barrel — near the high end of private forecasts, and therefore not crazy — then the budget could conceivably balance that year. And if prices come in at $71 per barrel or more next year, then perhaps even sooner.

The next few months will be critical. But either way, we should not dwell too much on the short-term gains. 

The fiscal update also sheds new light on two large longer-term challenges that require action today.

Alberta's challenges ahead

First, the economy.

The strength of the recent economic recovery is far beyond what many expected earlier in the pandemic — thanks to rapidly available vaccines. But it appears increasingly likely that despite this, Alberta's economy may remain persistently below its previous trend.

Consider the government's projections for 2024. 

By that year, they reasonably suspect, the province's economy may be seven per cent smaller than their pre-COVID forecast. That's a $32 billion gap. (And mostly due to roughly 200,000 fewer people living in Alberta by 2024 than previously expected — but that's another story.)

This is not unique to Alberta. The Bank of Canada recently lowered its estimate of Canada's overall "potential output" growth, reflecting lower business investment. For Alberta, investment challenges are compounded by potentially large skills mismatches between those displaced from resource sector jobs and employers in other sectors. 

Unemployment is now projected at 5.7 per cent by 2024 (high by Alberta standards, and higher than before the 2015 recession). Education and training will be key.

Second, our dependence on resource revenues remains high. 

We currently need 26 cents of each dollar of total government revenue to come from natural resources in order to balance. By 2023, this eases somewhat to 20 per cent. Though an improvement, even this is higher than the 17 per cent required under the previous government's 2018 "Path to Balance."

This doesn't mean the previous government's plans would have worked out. COVID would have blown those plans, or any other, off the rails. But this provides an important perspective. It measures how much of our government's revenue is — and will continue to be — exposed to unnecessary risk, even after recovering from COVID. 

Despite the rhetoric around diversification and prudent fiscal planning, Alberta remains firmly on the resource revenue roller-coaster (wheee!) with no clear plan (or even a sketch of one) to get off.

Concluding thoughts

The fiscal update (and this article) is a lot to digest. And however sensible or prudent a government's plans may be, COVID may throw plenty of curveballs ahead.

Following years of economic and fiscal challenges, though, it's worth celebrating good news when it arrives. But not at the cost of avoiding securing a stronger long-term fiscal future.

It's common for governments to claim credit for good news; just as it is for opposition parties to blame them for bad. But in this case, it's all about higher oil prices. And what the roller-coaster giveth, it may taketh away.

Alberta can (and should) use this valuable breathing room to finally plan for a stable and sustainable fiscal future.

ABOUT THE AUTHOR

Trevor Tombe is a professor of economics at the University of Calgary and a research fellow at The School of Public Policy.

Alberta putting $81.5M toward goal of making its own pharmaceuticals, therapeutics


Alex Antoneshyn
CTVNewsEdmonton.ca
 Digital Producer
Updated Dec. 1, 2021 

EDMONTON -

In chasing its ambitions to make vaccines and other pharmaceuticals and therapeutic products within its boundaries, Alberta is committing more than $80 million to its life sciences industry.

The dollars were announced in the spring, when Jason Kenney's government began soliciting proposals related to vaccine development and manufacturing.

Revealing the successful applicants Wednesday -- researchers at the University Alberta, as well as three private companies -- Premier Jason Kenney said "vaccine nationalism" seen earlier in the COVID-19 pandemic exemplifies the significance of biosecurity.

"Those jurisdictions assured themselves first access to available vaccines early on, so we were not the first in the queue. And that, frankly, cost lives," he told reporters, speaking at the U of A's Li Ka Shing Centre of Health Research Innovation.

"Moreover, I think with the global constraints on supply chains right across the world and every sector of the economy, I think there's a renewed appreciation of the need for us to onshore production of essential products."

'CUTTING-EDGE TECHNOLOGY'


The U of A's Li Ka Shing Institute of Virology will receive the largest chunk of the provincial government cash: $55.1 million.

Dr. Matthias Götte, who helped write the grant application, said some of the money will be put toward upgrading the U of A's Biosafety Level 3 lab and the Alberta Cell Therapy Manufacturing facility.

Another portion will be dedicated to building a facility for cryogenic electron microscopy. Essentially a microscope, the technology allows researchers to "zoom into the virus" and look at its structures that could potentially be targeted by a vaccine or therapy, Götte explained.

"This is cutting-edge technology. It is vital. It is extremely important that we have this technology here in Alberta," he said. "The entire structural biology, worldwide, will move into this direction."

He said he expects his teams to deliver results very soon from work they started two years ago, and by leveraging that and the provincial investment, to be able to raise more funding from Ottawa or institutions like the National Institutes of Health Informatics.

Alberta's 2021 budget renewed $20 million over four years for the Li Ka Shing institute, whose director was awarded the Nobel Prize in 2020 for his part in the discovery of the hepatitis C virus in 1989, for which the researchers have since moved on to making a vaccine.

INVESTMENT IN PRIVATE INDUSTRY

The rest of the money represents 10 per cent of project funding for three other proposals, contingent on the applicants also securing money from the federal government.

A total of $15.5 million will be provided to Entos Pharmaceuticals to establish a commercial manufacturing facility in Edmonton. The company builds genetic medicines with its own drug delivery system, with which it developed a COVID-19 vaccine that is entering second-phase clinical trials.

"It's one thing to discover and develop an innovative therapy, but it's another thing entirely to manufacture it at scale necessary both for late-stage clinical trials and ultimately for treatments that you or I or anyone of our family can take," CEO and co-founder Dr. John Lewis told media.

"So that's why Entos is so grateful for this announcement… The committed funding when paired with federal and private support will enable us to create a world-class facility that can produce not only COVID vaccines, but also future genetic medicines."

The company also recently signed an agreement to create candidate products for BioMarin Pharmaceuticals.

Another $5.6 million will go to Edmonton-based Applied Pharmaceutical Innovation to build a research, commercialization and manufacturing cluster, supporting growth of the Canadian Critical Drug Initiative.

Calgary's Northern RNA will receive $5 million to expand its capacity. The company, less than a year old, specializes in the manufacturing of essential raw materials needed for manufacturing messenger RNA. Co-founder and president Brad Stevens said his company can address one supply bottleneck by manufacturing lipids.

FEDERAL GOVERNMENT 'RECEPTIVE'

Although the provincial funding to the private companies is dependent on federal financial support, both Kenney and the CEOs expressed confidence they'd see Ottawa come through.

Kenney called the money from the Alberta government a way to "prime the pump, hopefully to attract that federal funding and we will be calling on the federal government to do just that."

"They are receptive, but no final decisions have yet been made."

"This funding sends a very, very critical message to federal partners that Alberta really sees its role in the supply chain," Applied Pharmaceutical Innovation CEO Andrew MacIsaac added.

"A lot of the investments in vaccine production around the world have come from the federal level, working in conjunction with the regional areas. So I think that this is a great first step and….will lead to tremendous benefits to the province."

The federal government has committed $2.2 billion to supporting biomanufacturing.


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