Parliamentary Budget Officer Yves Giroux flagged a couple more torpedoes related to the Royal Canadian Navy’s project to buy new warships.
Taxpayers are now facing a price tag of more than $300 billion for the 15 ships, Giroux warned Thursday.Sign up to receive daily headline news from Ottawa Citizen, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.
That last figure is a significant leap in cost for taxpayers; in 2013 the Auditor General’s office noted that figure would be $64 billion over 30 years.Article contentThe Canadian Surface Combatant project — the largest single expenditure in Canadian history — has become the poster child for the country’s troubled military procurement system. Concerns have been raised about a lack of accountability and oversight of the program as well as secrecy surrounding the initiative.
Anand has downplayed concerns about problems in the country’s military procurement system, instead stating that there are many success stories. Irving’s Halifax shipyard was selected in 2011 as the winner to build new fleets of warships for the navy, including CSC. Among the requirements for winning the bid was that the yard had the capability to build the vessels and taxpayers wouldn’t need to contribute funding to outfit the facilities for the task.Article content
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Taxpayers face $300 billion price tag for new navy warships, warns Parliamentary Budget OfficerParliamentary Budget Officer Yves Giroux flagged a couple more torpedoes related to the Royal Canadian Navy’s project to buy new warships.
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