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Showing posts with the label Canadian government corruption

Why are Canadian taxpayers making the Irving family richer?

The Canadian Surface Combatant project is mired in delay and uncertainty, however, one thing is guaranteed above all else, the billionaire Irving family of New Brunswick will make billions off of Canadian taxpayers. The $26 billion procurement project began under the Tory government has continued apace under Trudeau's Liberals, by apace I mean, delay after delay and rising costs. In mid 2016 Irving Shipyards and the government were admitting under the current budget only 10-11 ships would be produced (which means by 2025 when they begin construction, we'd be looking at maybe eight ships). Now talk is back to 'up to 15 ships' and the number $40 billion has been thrown out, although there have been no official budget announcements on that. However, no matter how few ships are built, to what timeline, or to what performance standards, the Irving family is guarantee $3 billion in profit. If the Arctic Patrol Ship project is any indicator, the ships produced will be co...