Canada's national shipbuilding strategy was meant to foster stability in shipbuilding. This project is about icebreakers. Seaspan was awarded a contract in 2011, but it was taken away in 2019. Nothing happened for eight years. At the time, the contract was valued at $700 million or $1 billion. Now, the government has announced that it will once again award the contract to Seaspan—this time valued at $3.5 billion—and that it will award a contract to Davie. Nothing was done for eight years, but all of a sudden, things are going to be better, and it's going to cost triple.
Isn't there something illogical about all this? Aren't we stuck in a vicious circle when it comes to shipbuilding?