This primer highlights the various activities, programs, and economic benefits associated with the National Shipbuilding Strategy (NSS) at the Halifax Shipyard from 2013–24.
- 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