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Canadian Prime Minister Justin Trudeau announced on Tuesday that they have reached a deal with Pfizer/BioNTech to buy additional 20 million doses of their COVID-19 vaccine, as reported by Reuters.

Canada will be extending the border closure with the United States until February 21, Trudeau further added.

Market reaction

These comments don’t seem to be having a significant impact on the loonie’s performance against its major rivals. At the time of writing, the USD/CAD pair was down 0.18% on a daily basis at 1.2760.