Economic Benefits – National Shipbuilding Strategy

The Government made the decision to renew the fleets of the Royal Canadian Navy and the Canadian Coast Guard to respond to the needs of its men and women, to build these ships here in Canada, and to renew the capacity to build, maintain and support the fleets.

The Canadian Association of Defence and Security Industry (CADSI) estimates the decision to build the ships here in Canada will generate approximately 15,000 jobs and $2.4B in annual economic benefits over the next 30 years.

Vancouver Shipyards is also upgrading and rebuilding its shipyard for these projects, with an investment of approximately $200M, at no cost to Canada. For more information on our Shipyard Modernization Project click here.

In order to enable delivery of these shipbuilding projects in a timely manner, the National Shipbuilding Procurement Strategy selection process included a requirement for the selected shipyards to achieve a “Target State”. Target State is defined as the level of productivity and capacity needed to build Canada’s ships efficiently. A third-party expert, First Marine International, will measure the shipyards’ progress towards achieving this Target State. Performance measures will also provide Canada with insight into the shipyards’ progress and productivity. When the shipyards reach Target State, they will have the capability to build vessels at established international benchmark productivity levels.

What it Means For You!

  • Overall economic growth to BC in the billions of dollars
  • Ability to sustain over 3,000 direct jobs through the life of the project

Through the National Shipbuilding Procurement Strategy, the Government of Canada is embarking on one of the largest military procurement projects since WWII. The National Shipbuilding Procurement Strategy is a 30-year, $35 billion project that will see the building of new fleets for Canada’s Navy and Coast Guard.

The Program will allow for investment in people, processes and facilities.

People

At its peak, it is expected that Vancouver Shipyards will have a workforce in the order of 1000 hourly workers. A management and technical staff in excess of 100 people will support this workforce.

Processes

As the program develops, new process technologies and methods will be developed and implemented which raises Seaspan Shipyard performance to work class levels. The combined flow of government work allows for these processes, technologies and methods to be refined for the benefit of Canada and other customers.

Facilities

The award of the Non-Combat program allows for the single largest investment in shipyard facilities in half a century. The future facilities are based upon best practices used around the world and implemented by a strong local and foreign team.