Canadian corporates engaged with India have contributed nearly 59 million Canadian dollars ( ₹354 crores) worth of supplies to help as the devastating second wave of the Covid-19 pandemic sweeps through the country.
Funds were donated primarily through the Canadian Red Cross, while some companies sent medical supplies that were immediately required during the crisis. While major Canadian pension funds, which have heavily invested in India’s infrastructure sector, could not contribute directly due to their charters, they undertook matching grants programmes based on contributions from their employees.
Thomas said the cumulative contribution was “not insignificant” and Canadian companies wanted to send out the message, “we’re there and we’re supportive” in the context of doing their bit to assist India during a critical phase.
According to C-IBC the donations have “helped set up temporary Covid-19 hospitals, supply hospital beds, medical oxygen, lifesaving medicine, provide personal protective equipment (PPE), emergency care for migrants, and implement infection control activities in communities across India”.
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