Up to 10% of world has been infected with COVID-19 – What does that mean for fatality rate?

Our death rate when we calculate for 10% of the Canadian population being infected means that roughly 3.8 million Canadians have been infected with COVID-19 and 20,909 have died with COVID-19.

This would make our infection fatality rate closer to 0.55% (20,909 divided by 3.8 million x 100) within Canada. With over 70% of those deaths coming from Long-term care and retirement homes, it makes almost no sense why we are doing this to our nation.