Canada's Trudeau to invest C$15.7 billion in coast guard overhaul

Prime Minister Justin Trudeau on Wednesday said Canada would spend an estimated ...

OTTAWA - Prime Minister Justin Trudeau on Wednesday said Canada would spend an estimated C$15.7 billion to renew its coast guard fleet and that it would partner with a new shipyard to complete the project.

“Our government will be doing a full renewal of the Canadian coast guard fleet and creating new shipbuilding jobs right here in British Columbia,” said Trudeau, who is standing for re-election later this year. Additionally, a new shipyard - probably Davie Shipbuilding in Lauzon, Quebec - will be selected to partner with the government on the project.

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