Health Canada announced on Wednesday that it approved the COVID-19 vaccine developed by Pfizer Inc and BioNTech to be used in Canada. “The approval of the vaccine is supported by evidence that it is safe, effective and of good quality,” Health Canada said in a statement, as reported by Reuters. Currently, the country has an order for 20 million doses in place with the option of purchasing up to 56 million more. Market reaction This development failed to provide a boost to the CAD. As of writing, the USD/CAD pair was down 0.08% on the day at 1.2803. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next WTI hits weekly lows beneath $45.00 following huge headline EIA inventory build FX Street 2 years Health Canada announced on Wednesday that it approved the COVID-19 vaccine developed by Pfizer Inc and BioNTech to be used in Canada. "The approval of the vaccine is supported by evidence that it is safe, effective and of good quality," Health Canada said in a statement, as reported by Reuters. Currently, the country has an order for 20 million doses in place with the option of purchasing up to 56 million more. Market reaction This development failed to provide a boost to the CAD. As of writing, the USD/CAD pair was down 0.08% on the day at 1.2803. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.