Start the money taps

It’s starting…

https://www.theglobeandmail.com/business/article-caisse-sets-aside-4-billion-to-finance-quebec-businesses-affected-by/: The Caisse de dépôt et placement du Québec says it’s ready to pump up to $4-billion into Quebec businesses affected by the COVID-19 pandemic.

https://pm.gc.ca/en/news/news-releases/2020/03/31/prime-minister-announces-new-partnerships-canadian-industries-fight: The Government of Canada is investing $2 billion to support diagnostic testing and to purchase ventilators and protective personal equipment, including for bulk purchases with provinces and territories. Personal protective equipment includes things like more masks and face shields, gowns, and hand sanitizer.

The Government of Canada has signed new procurement agreements with Canadian companies Thornhill Medical, Medicom, and Spartan Bioscience to purchase and boost capacity to manufacture equipment and supplies including portable ventilators, surgical masks, and rapid testing kits. The government has ordered millions of supplies to ease the pressure on health care facilities. It has also signed letters of intent with five companies – Precision Biomonitoring, Fluid Energy Group Ltd., Irving Oil, Calko Group, and Stanfield’s – to produce additional test kits, hand sanitizer, and protective apparel including masks and gowns.

(Who wants to make a bet the government is not going to be too price sensitive?)

Anybody standing in the way (by being short) on these “protected” industries had better cover.