Another contract announced last week was to Halifax-based Irving Shipbuilding for a new fleet of warships destined for the Canadian Navy. The cost to build the first three River-class destroyers is of approximately $22.2 billion, excluding taxes, according to the Canadian government.
“By investing in our own industry, Canadian workers are helping to build the fleet of the future, equipping the Navy and our members in uniform modern and versatile ships they need for Canada’s important contributions to peace and security at home and abroad,” National Defense Minister Bill Blair
said.
These contracts come at a critical time for Ottawa. Over the last month, it has been battling a trade war with its southern neighbor following the imposition of U.S. tariffs on imports from Canada.