Carney unveils $11B in funding to make 6 icebreakers in Quebec
The Canadian government has announced an $11 billion contract to build six new icebreakers at the Chantier Davie shipyard in Quebec. The project aims to modernize the coast guard fleet and support 5,000 jobs while emphasizing a 'Buy Canadian' procurement policy.
Why it matters
This investment is a strategic move to bolster domestic shipbuilding and Arctic sovereignty amid rising international trade tensions.
Carney called it the "largest" shipbuilding contract in the province's history.
The new ships will replace the coast guard's aging heavy and medium icebreakers, fulfilling a promise made in 2019.
"We will move fast. The first steel will be cut next fall, the first ship will be delivered five years later, and the full fleet will be in service five years after that," Carney said.
"They will work in Atlantic Canada, the St. Lawrence throughout the depth of winter, and in our Arctic throughout the summer."
Carney made the announcement alongside Quebec Premier Christine Fréchette at the Chantier Davie shipyard in Lévis, Que., where all six ships will be constructed.
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