$35B in shipbuilding to create 15,000 jobs

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he $35 billion in shipbuilding contracts the government is announcing Wednesday will bring 15,000 jobs across the country, Defence Minister Peter MacKay says.

"At the end of the day, this is going to be an investment that is going to create upwards of 15,000 jobs right across the country," MacKay said Wednesday morning, hours before the announcement was due.

"Keep in mind this is about rebuilding our navy, our coast guard, the vessels that we will need well into the future. It's going to be a huge injection into the economy. And it's going to be done in a way that is de-politicized and fair, and inclusive, for all regions."

Announcement at 4 p.m. ET

The top civil servant from Public Works and Government Services, the department in charge of procurement, will make the announcement at 4 p.m. ET. about where the Canadian government will go to buy more than 30 new ships for the navy and the coast guard, including frigates, supply ships, patrol boats and icebreakers. They will cover Canada's needs for the next three decades.
Rona Ambrose, public works and government services minister, will make a statement on the decision at 5 p.m. ET, but will not be present at the announcement.


Two shipyards will be picked for the work from among the three bidders: Irving Shipbuilding in Halifax, Seaspan Marine in Vancouver and the Davie Shipyard in L
 
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