Ministers Statement On National Shipbuilding Procurement Strategy PDF Download

"In June 2010, the Harper government announced the National Shipbuilding Procurement Strategy (NSPS), a long-term plan to renew the Royal Canadian Navy (RCN) and Canadian Coast Guard (CCG) fleets. It projected a cost of $35 billion for replacement vessels, plus refit-and-repair work amounting to an additional $500 million annually. ... In November 2013, the Auditor General of Canada reported that the full cost of the NSPS would be approximately $105 billion.7 This higher figure included 30 years of life-cycle costs, such as salaries, fuel, and ammunition. Life-cycle costs are necessarily approximate since the price of fuel and other commodities can fluctuate, and unexpected technological advances can require updates to communication, sensor and weapon systems. The Auditor General did not examine the accuracy of the Harper government's projected acquisition costs"--pages 5-6.