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Canada’s Submarine Fleet Repair Bill Doubles to $3B as Subs Sit in Dry Dock

Started by Epoch-Times-Bot, Nov 21, 2022, 02:15 PM

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Epoch-Times-Bot

Nov 21, 2022, 02:15 PM
Canada's Submarine Fleet Repair Bill Doubles to $3B as Subs Sit in Dry Dock

Maintenance of Canada's four submarines is expected to cost about $3 billion from 2022 to 2025—double the maintenance costs for 2018 to 2021. Only one of the four submarines was deployed this year, for just 43 days.
The figures were outlined in an Inquiry Of Ministry tabled in the Commons and obtained by Blacklock’s Reporter.
Cabinet said in the document that the maintenance contracts up through 2025 will cost $3,004,519,213. In 2020, then-Defence Minister Harjit Sajjan reported to Parliament an expense of $1.31 billion for the period of 2018 to 2021.
No total cost of the submarine program has been disclosed to date. In 1995, Parliament approved the fleet purchase at a cost of about $780 million. A Defence Investment Plan said maintenance could cost another $5 billion "into the mid-2030s."...

Source: Canada's Submarine Fleet Repair Bill Doubles to $3B as Subs Sit in Dry Dock

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