Quebec loses out on $33 billion dollars worth of shipbuilding contracts.
The government announced they were awarding two multi-billion dollar contracts to shipyards on the East and West coast.
Halifax’s Irving Shipbuilding landed the golden goose. The government awarded them a $25 billion dollar contract to build vessels for the navy.
Meanwhile, Quebec’s Davie Shipyard was the odd man out. The Quebec government responded with disappointment but did not criticized the selection process.
Pundits suggested the last-minute coming together of the Davie consortium hamstrung their bid.The company was restructured just months ago in an attempt to qualify for this bid.
Davie will attempt to pick up a share of the subcontract work related to these contracts. But the sting of losing doesn’t fade fast.