Canadian Impact
As a direct result of our trusted partnership with the Government of Canada, Irving Shipbuilding is reinvesting in projects that reach beyond our shipyard. We believe that it is not enough that the Arctic and Offshore Patrol Ships and River-class destroyers serve and protect the Royal Canadian Navy. When we build in Canada, we invest in Canadians directly.
Over $8.581 Billion in Canadian Spending Commitments
Canadian Impact
Over $8.581 Billion in spending commitments with more than 342 organizations across Canada.
PROVINCE
Over TOTAL in contracts and investments have been awarded.
Value for Money: The Conference Board of Canada Assesses the National Shipbuilding Strategy’s Impact
The Conference Board of Canada has published an updated assessment of the current and future economic impacts of the National Shipbuilding Strategy (NSS), delivered through Irving Shipbuilding’s work at the Halifax Shipyard. According to the latest report, the NSS will contribute $14.2 billion to Canada’s GDP between 2013 and 2026.
The economic benefits of the NSS are impacting businesses and communities across the country, with an estimated $12 billion in spending commitments going to 678 Canadian organizations. With Irving Shipbuilding’s supply chain stretching from coast-to-coast, the NSS is delivering $9.5 billion in labour income to Canadians, supporting an average of 9,400 jobs annually across Canada, with 4,300 of these jobs located in Nova Scotia. In total, nearly $5.4 billion in taxes, fees, and charges are expected to be collected by all three levels of government between 2013 and 2026.
Read more: Conference Board Report of Canada 2024 Report Value for Money