Federal support flows to shipbuilding through TPC

Guest Contributor
June 23, 2003

Technology Partnerships Canada has made its first two investments in the Canadian shipbuilding sector in response to lobbying by the Shipbuilding Association of Canada (SAC). Canadian Shipbuilding & Engineering Ltd (CSEL) , St Catharines On and St John’s Dockyard Ltd (NEWDOCK), St John’s NF, received $4.9 million and $4 million respectively for projects designed to boost the competitiveness of Canadian firms. CSEL will use the funding to develop a multi-purpose vessel design aimed at the growing replacement market for the aging Great Lakes Fleet. NEWDOCK will use the TPC assistance to launch a $12-million R&D project to enhance its expertise in the design of subsea structures for the oil and gas industry. Industry Canada and the SAC have been working together to determine the best means to assist the beleaguered industry. A Policy Framework for the Canadian Shipbuilding and Industrial Marine Industry was released in 2001....


Other News






Events For Leaders in
Science, Tech, Innovation, and Policy


Discuss and learn from those in the know at our virtual and in-person events.



See Upcoming Events










You have 1 free article remaining.
Don't miss out - start your free trial today.

Start your FREE trial    Already a member? Log in






Top

By using this website, you agree to our use of cookies. We use cookies to provide you with a great experience and to help our website run effectively in accordance with our Privacy Policy and Terms of Service.