PBO pushes up cost estimate for Canada’s frigate build by $8 billion | CBC News
The new estimate, released Friday, adds $8 billion to that
projection — and notes that the increase is due in part to the fact that
production at the Irving Shipbuilding yard in Halifax will begin later
than initially planned and the Type 26 is a bigger ship than the budget
office originally anticipated.
projection — and notes that the increase is due in part to the fact that
production at the Irving Shipbuilding yard in Halifax will begin later
than initially planned and the Type 26 is a bigger ship than the budget
office originally anticipated.
Parliamentary Budget Officer Yves
Giroux said Canadians are paying a slight premium because the Liberal
government selected a design for a warship that is not yet in service.
The first-ever Type 26 is under construction for the Royal Navy at the BAE Systems Inc. shipyard in Glasgow, Scotland.