Ship project cost continues to soar with funding for modernization of Halifax facilities.
The federal government’s news release on this new funding was barely reported on, having come in the middle of summer, when few are paying attention.The payment of an extra $463 million to Irving Shipbuilding is to allow the firm to modernize its Halifax-area facilities so the company can build the Canadian Surface Combatants .
Irving’s shipyard was selected in 2011 as the winner of a multi-billion dollar program to construct the country’s new fleets of warships. Among the requirements for winning the bid was that the yard had the capability to build the vessels and taxpayers wouldn’t need to contribute funding to outfit facilities for the task.
“They are proceeding with a project that is going to blow up in their faces,” Alan Williams, a former assistant deputy minister for Materiel at the Department of National Defence, said Tuesday.Article content In a cost update released in October 2022, Giroux also outlined the life-cycle cost for the ships, putting that at $306 billion. That last figure is a significant leap; in 2013, the auditor general’s office noted that figure would be $64 billion over 30 years.
Construction of the first of the new warships is to start in 2024. The last vessel is to be delivered in 2050.Article content Jean-Yves Duclos, recently named procurement minister, added, “This key announcement reaffirms Canada’s commitment to deliver 15 state-of-the-art warships to the Royal Canadian Navy.”
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