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 Canadian Surface Combatants serve and protect the Royal Canadian Navy. When we build in Canada, we invest in Canadians directly.
The Conference Board of Canada has completed a detailed assessment of the current and future economic impacts of the National Shipbuilding Strategy (NSS) at the Halifax Shipyard.
Between 2013 and 2024, building the Arctic Offshore and Patrol ships as well as designing the larger Canadian Surface Combatant (CSC) ships are projected to contribute over $9.8 billion to Canada’s GDP with $6.2 billion in labour income to Canadians. Between 2016 and 2024, the report forecasts employment to be boosted by an average of 8,200 jobs annually across Canada. The very significant positive economic activity associated with building the CSCs will be forecasted later in the CSC design phase. For governments, shipbuilding at the Halifax Shipyard is expected to deliver a total of $2.9 billion in revenue to all three levels of government between 2013 and 2024.