The company "fully supports the government's commitment to providing the navy and coast guard with the tools they need to operate successfully. The shipyard's pitch — potentially worth up to $1.7 billion — was to either sell or lease icebreakers and multipurpose ships for the coast guard. It noted the coast guard was in the process of reviewing what ships it needed for the future. Coast guard in dire shapeA review of the Transportation Act tabled in Parliament a few months ago warned the service was in sorry shape. The coast guard and Public Services would need more data on the proposal to do that assessment and it recommended "a broader examination of options" involving other suppliers.

Source: CBC News July 27, 2016 09:00 UTC