Canada’s Shipbuilding Rocked by Yet Another Cost Increase

Canada’s Shipbuilding Rocked by Yet Another Cost Increase
Defence Minister Harjit Sajjan (L) participates in a steel cutting ceremony at the Seaspan Shipyards in North Vancouver, B.C. on June, 15, 2018. Jonathan Hayward/The Canadian Press
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OTTAWA—Canada’s national shipbuilding plan was rocked by yet another cost increase on Monday as the federal government revealed it will pay $4.1 billion for two long-overdue support ships for the navy—an increase of $1.5 billion from initial estimates.

The revelation came as Ottawa officially awarded a contract for the full construction of the two new Protecteur-class joint support ships to Vancouver’s Seaspan shipyards, which has already started work on the first of the vessels.