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Cost: C$8.5 billion (2024 estimate ... The construction was ... the Vancouver Sun reported that the polar icebreaker and the Royal Canadian Navy's new ...
A cost estimate produced during the 2007 feasibility study placed the financial cost at a maximum of C$6.6 billion based on the 1981 design, safety, and engineering standards. [ 24 ] [ 25 ] An updated cost projection was released in May 2011 placing the estimated cost at $7.9 billion, [ 26 ] which was revised to $8.3 billion in 2014. [ 25 ]
Initially slated to cost $3.1 billion to build eight ships, the budget was increased to $3.5 billion for five ships, possibly six if no cost overruns on the first five. [30] Construction started on the first ship in September 2015. [31] The search for the two main subcontractors on Irving's Surface Combatant package began in June 2015.
Here are some estimates for some of the staple exterior finishes: ... Construction manager cost: 5% to 15% of the total project cost. Electrician rate: $50 to $100 per hour.
Construction of the first JSS had been scheduled to begin at the Seaspan Yard in late 2017, following the construction of two other classes of ships for the Canadian Coast Guard. In 2020, project costs had escalated significantly with an estimated $4.1 billion being required to complete the project. [2]
The Polar Icebreaker Project (previously Polar Class Icebreaker Project) is an ongoing Canadian shipbuilding program under the National Shipbuilding Strategy. [6] Announced in 2008 with an intention to replace the ageing CCGS Louis S. St-Laurent with a new polar icebreaker by 2017, the program has faced multiple delays and changes, and as of 2024 consists of two planned icebreakers, CCGS ...
Negotiations with Canadian Prime Minister Justin Trudeau are ongoing. ... An ING estimate says the potential economic impact of those tariffs could work out to $835 per person (or $3,242 for a ...
The cost of building the Gordie Howe International Bridge escalated by CA$3.5 billion as the value of the Canadian dollar declined in 2015–2016. In January 2016, it was reported, due to exchange rates and increased inflation, costs could rise to CA$4.8 billion .