Canada: NSPS Shows Early Signs of Economic Growth

Only a few months after the Government of Canada announced the results of the National Shipbuilding Procurement Strategy (NSPS), early signs of economic growth are showing, with both shipyards actively engaged in recruitment strategies and seeking companies interested in being a part of their supplier chains.

Thousands of skilled workers are expected to be hired by the two selected shipyards to build Canada’s large vessels, and by their suppliers.

Our Government is committed to supporting industries that promote employment and economic growth across the country,” said the Honourable Rona Ambrose, Minister of Public Works and Government Services and Minister for Status of Women. “Our association with both shipyards is already paying off as we see early signs of economic growth, and we look forward to seeing the whole picture as work moves forward.”

Irving Shipbuilding Inc., which was chosen to build the combat vessels, and Vancouver Shipyards Co. Ltd., selected to build the non-combat vessels for the Royal Canadian Navy and the Canadian Coast Guard, are pleased with the increased interest in their shipyards from skilled workers and potential suppliers.

The two selected shipyards are also actively recruiting and are getting ready to act as a catalyst of economic growth by establishing online supplier registries that will allow suppliers to enter relevant information on their organizations. Given the nature of the long-term strategic sourcing arrangement with the Government of Canada, the shipyards selected to build large vessels were asked to make commitments to improve their competitiveness and to contribute to the health of the Canadian marine industry over the long term. Through this initiative known as the value proposition, the shipyards will invest 0.5 per cent of the value of the upcoming contracts into priority areas such as human resources development, technology, and industrial development. This will be a contractual commitment of the shipyards in any resulting contract, to be paid for by the shipyards entirely at their own expense.

Significant opportunities are also expected for small- and medium-sized enterprises to provide their goods and services to the selected shipyards and other suppliers involved in building the ships. The Industrial and Regional Benefits (IRB) Policy will apply in much the same way as it applies to any major defence or security procurement. The Policy encourages the shipyards to support companies, including small- and medium-sized enterprises, through direct and indirect business activities related to the NSPS series of contracts. The shipyards will be required to undertake IRB business activities in Canada totaling 100 per cent of the value of the respective contracts.

Shipbuilding Tribune Staff, February 26, 2012; Image: gc


Share this article

Follow World Maritime News

Posted on February 26, 2012

In Depth>


<< Oct 2016 >>
26 27 28 29 30 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30
31 1 2 3 4 5 6

Danish Maritime Technology Conference 2016

A part of Danish Maritime Days 

For the first half of 2016, the key buzzword of the maritime industry have been ‘The Fourth Industrial Revolution’. The global maritime industry stands in the midst of a market with changing dynamics, where emerging technologies give endless possibilities with an unprecedented processing power.

The emerging technologies have opened up for new products and services that increase efficiency through the entire maritime value chain. The Danish Maritime Technology Conference looks at the key drivers emerging in and from the Fourth Industrial Revolution – the technologies, the products and the services that leads this market change.

The new waves of accelerating technological development require new forms of conducting agile business, given the speed at which innovation and disruption takes place. Members of Danish Maritime are global market leaders within the maritime industry, and together with specialists they will discuss their core challenges and present their solutions to a game changing market.

More info

read more >

Danish Maritime Days 2016

At this year’s Danish Maritime Days, four themes will highlight some of the most important challenges and opportunities which the global…

read more >

Maritime Standard Tanker Conference

The event will highlight the main regional trends in crude, chemical and product tanker operations, giving attendees a unique insight into…

read more >


SHIPTEC CHINA builds up itself into a more outstanding, influential and well-reputed maritime event in northern China…

read more >