Canadian Prime Minister Mark Carney announced on August 24, 2026, that Canada will invest more than C$11 billion ($7.9 billion) to build six new icebreakers for the Canadian Coast Guard in partnership with Chantier Davie Canada Inc. The contract is Quebec's largest shipbuilding project in history as Arctic competition accelerates.
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Canada will invest more than C$11 billion ($7.9 billion) to build six new icebreakers for the Canadian Coast Guard in a partnership with Chantier Davie Canada Inc., Prime Minister Mark Carney announced Monday.
Canada to spend C$11 billion to build six new icebreakers, Carney says Reuters
Canada is committing more than C$11 billion ($7.95 billion) to build six new icebreakers for the Canadian Coast Guard, the country’s biggest shipbuilding contract in Quebec’s history, as Arctic nations race to replace aging fleets and expand their ability to operate in increasingly strategic northern waters.
Where the hell is the money coming from? PM Carney unveils $11 billion in funding to make 6 icebreakers in Quebec www.ctvnews.ca/montreal/art... Prime Minister Mark Carney says the federal government will pour more than $11 billion into Quebec’s shipbuilding industry to build six new icebreakers for the Canadian Coast Guard.