Navy could get converted Davie supply ships at fraction of price of building new: PBO
OTTAWA — The parliamentary budget office says Ottawa could buy two converted civilian vessels as support ships for the Royal Canadian Navy at a fraction of the price of building new ones.
The budget watchdog estimates in a report released this morning that the price to buy the two ships from Quebec-based Chantier Davie shipyard would be around $1.4 billion.
That compares to around $4 billion to build two brand-new support vessels, the first of which is already under construction in Vancouver and slated for delivery in 2023.
While that’s a massive price difference, the parliamentary budget office says it cannot compare the actual capabilities of the converted Davie ships and those being built from scratch.