Value for Money: The National Shipbuilding Strategy at the Halifax Shipyard

The Conference Board of Canada, 19 pages, February 24, 2021
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This primer highlights the various activities, programs, and economic benefits associated with the National Shipbuilding Strategy (NSS) at the Halifax Shipyard from 2013–24.

Document Highlights

  • The National Shipbuilding Strategy (NSS) aims to modernize the Canadian Navy’s fleet of combat and non-combat vessels while ensuring that the domestic shipbuilding industry remains intact and contributes to the overall economy.
  • Halifax Shipyard will build the combat portion of the new vessels.
  • From 2013 to the end of 2020, the NSS has resulted in nearly $3.4 billion in spending, with a further $4.3 billion projected between 2021 and the end of 2024.
  • Between 2013 and 2024, the programs are projected to contribute over $9.8 billion to Canada’s GDP.
  • Over 2013 to 2024, the jobs created by the NSS in Halifax will provide approximately $6.2 billion in labour income to Canadians.
  • Federal, provincial, and local governments will also benefit, collecting over $2.9 billion in taxes and fees over the period

Table of Contents

  • Highlights
  • Canadian National Shipbuilding Strategy
  • The programs
  • The AOPS
  • The CSC
  • The Halifax Shipyard’s commitment to benefits in Canada
  • Economic impacts

Appendix A—Economic impact assessment methodology

Appendix B—Bibliography

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