OTTAWA (Reuters) – The recent news about coronavirus vaccines is promising although cases are continuing to increase, Bank of Canada Governor Tiff Macklem told the House of Commons finance committee on Thursday.
In late October, the bank said it assumed a vaccine would not be widely available until mid-2022. Since then, a number of manufacturers have announced potential vaccines that – if approved by regulators – could be distributed starting early next year.
(Reporting by David Ljunggren and Julie Gordon, Editing by Rosalba O’Brien)
