BC Backs Seaspan Bid

Tuesday, July 26, 2011

According to a report on www.vancouversun.com, Vancouver-based Seaspan Marine's bid for the federal government's $35b National Shipbuilding Procurement Strategy includes as much as $60m in support for the overall marine industry from the province and BC Ferries. The financial support comes with up to $35 million in training and labor tax credits from the province over the 30-year lifespan of the project; $5m in support for productivity-related initiatives for the industry and $20m to the industry from BC Ferries to help increase the capacity of B.C.'s ship repair and maintenance sector.
(Source: www.vancouversun.com)

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