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Old Posted Mar 30, 2012, 8:13 PM
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Wishblade Wishblade is offline
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Join Date: Jan 2006
Location: Calgary, AB
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Provincial Govt to invest $300 million into Irving Shipyard

I posted this in the DND shipbuilding contract thread but found it big enough news for its own thread. Here is the article again:

HALIFAX - The Nova Scotia government is making more than $300 million available to Irving Shipbuilding Inc. to help it prepare for the construction of the Royal Canadian Navy's next fleet of vessels.

The government's financial assistance package announced Friday consists of a forgivable capital loan worth up to $260 million and a repayable marine industry loan of $44 million for human resources, technological and industrial development.

rest here: http://www.winnipegfreepress.com/bus...145171755.html
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