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The $8-billion contract awarded to Seaspan is for navy support vessels and an Arctic icebreaker.
To spread out the financial windfall, no shipbuilder was able to land both contracts.
“We anticipate that the positive ripple effects of this contract will benefit businesses across multiple sectors and create jobs on a very large scale,” said John Winter, President and CEO of the BC Chamber of Commerce, adding the 20-year term of the contract will help B.C.’s economy for decades.
“To put this into context, the total benefit of this contract to the BC economy will outweigh the 2010 Winter Olympics by a factor of ten.
“The benefits will extend to other BC shipyards which will participate with Seaspan Shipyards, and to suppliers of everything from construction to professional service.”
“We anticipate that the positive ripple effects of this contract will benefit businesses across multiple sectors and create jobs on a very large scale.” added Winter.
“To put this into context, the total benefit of this contract to the BC economy will outweigh the 2010 Winter Olympics by a factor of ten.”
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