Indeed, the criticality of these icebreakers cannot be understated.
As outlined in the recently published Office of the Auditor General report on the surveillance of Arctic waters, over the past 30 years, the number of voyages in Canadian Arctic waters has more than tripled, due to factors such as reduced sea ice cover and advances in technology, shipping and tourism. We know that increased traffic means more possibilities and more risk—and an increase in demand for CCG programs and services.
In response to this concern, one of the key actions we are taking is strengthening and renewing our fleet and increasing our capacity and presence in the Arctic in particular, thanks to the national shipbuilding strategy.
Investments for icebreaking and ice-capable vessels announced through the national shipbuilding strategy to date include funding for 16 multi-purpose vessels, six program icebreakers and two Arctic offshore patrol vessel ships. The Coast Guard will also be building two new polar icebreakers. They will be larger and more powerful than the current heavy icebreakers in our fleet and will enable the Coast Guard to operate in the Canadian Arctic throughout the year with enhanced capabilities to support a variety of taskings and provide a capability unmatched to date by the current fleet.
Since we know that not all of the new vessels will be ready by the time the new vessels come on line, we are also making important investments to extend the life of our current fleet. Known as vessel life extensions, or VLEs, we safely prolong the life of our fleet so that the Canadian Coast Guard can operate and have the proper equipment to perform their crucial work.
In 2018, the Government of Canada awarded a contract for the acquisition and conversion of three commercial medium icebreakers. They're helping to ensure the continuity of service for the Coast Guard's icebreaking operations and the safe passage of marine traffic through Canada's waterways.
This year, we've also had the benefit of seeing the acquisition of a fourth commercial light icebreaker that will be ready to serve for the 2023 icebreaking season.
These vessels will ensure uninterrupted service by the Coast Guard while existing vessels are taken out of service to undergo vessel life extension work. One can view these four icebreakers called “interim” as car loaners—the principle is that we bring an existing vessel into the shipyard, but we have the use of these interim vessels in the meantime, just like you would do at a garage.
To top this up, we have also started making use of third party vessels, or what we call “spot charters” through established standing offer contracts that allow us to draw down on these services if and when required. This allows us to supplement our fleet when demand exceeds our capacity.
In closing, I am also proud to inform you that the Coast Guard is working to develop our first Arctic strategy based on four years of collaboration with Inuit, first nation and Métis partners as we stood up the Arctic region. This will provide strategic direction to our Coast Guard members for the coming decade.
We're aware that the decades to come will bring many more changes to the Arctic and the development of such a strategy will be ever-evolving. That being said, it is with this strategic planning that we position and strengthen the Coast Guard for the long-term. The Coast Guard's working to ensure the organization is well placed to meet the expanding needs of our partners and clients.
Thank you very much for your attention. Rob Wight and I would be very pleased to answer your questions.
Thank you.