Canada's shipbuilders have agreed to a radical change in the way contracts will be doled out by the federal government.
The government plans to spend $40 billion over the next 30 years to build as many as 50 large ships, in addition to 70 ships under 1,000 tonnes that have been earmarked for revamps.
"There is going to be enough work with 50 ships on order for every shipyard in the country to be going full steam, and that's good news in terms of the economy," said Defence Minister Peter MacKay.
The government wanted to avoid a repeat of situations last year, when the construction of three navy supply ships and some coastal patrol boats was shelved because of problems with meeting the specifications at the government's budget.
This government has made a big step towards redeeming themselves in my eyes.
Edited by Smallc, 29 July 2009 - 01:59 PM.