Ontario Pledges $215M to Boost Provincial Shipbuilding Sector

Ontario Pledges $215M to Boost Provincial Shipbuilding Sector
A worker operates a forklift to move coiled steel outside a warehouse at Ontario Shipyards in Hamilton, Ont., January 27, 2025. REUTERS/Carlos Osorio/File Photo
|Updated:
0:00
The Ontario government has announced $215 million in funding for shipbuilding and the broader marine sector in the province, saying it would support Canada’s national shipbuilding strategy and new federal commitments to defence spending.
“With our NATO allies meeting this week, Ontario workers are ready to step up and build the ships that will protect Ontario and Canada,” said Prabmeet Sarkaria, Ontario’s minister of transportation.