UPDATE — Latest Deloitte survey confirms national impact of Davey partnership in National Shipbuilding Strategy, The Canadian Business Journal

LEVIS, Quebec, Nov. 7, 2022 (GLOBE NEWSWIRE) — New data from a study conducted by Deloitte LLP, a Canadian consulting and advisory firm, indicates the contribution of Davie Shipbuilding (Davie) to the National Shipbuilding Strategy (NSS). indicates entry. and other major programs generate even greater economic benefits than highlighted in the original analysis published in 2020.

As part of the NSS, Davie was asked to build six program icebreakers and one polar icebreaker for the Canadian Coast Guard. Under the NSS he assigned Davie projects that include multi-year maintenance of her two ferries in Transport Canada, and her City-class patrol in Canada and her frigate, as well as extending the life of the ship. .

“This latest study provides compelling evidence of the benefits associated with NSS. It will strengthen Canada’s ability to defend its critical Arctic sovereignty.”

According to the latest research, projects awarded to Davey will lead to large and wide-ranging benefits over the next 20+ years, including:

• Up to 4,700 jobs Created or maintained by Davey, including highly paid and exciting careers in Levy, Quebec, and across Canada
• Up to $21 billion in overall impact On the Canadian economy beyond 2040
• Get $2+ for every $1 you spend at Davey in the canadian economy
• Up to $3 billion in taxes and other government revenues
• Over 1,300 Canadian businesses directly benefit From Davey’s Covenant

“NSS marks the beginning of the next chapter for Davie. While we will see much more activity at our facility, it will also be a major step forward in our ambitions as a company beyond delivering ships to Canada. It will bring,” concludes Davis.

Read the updated executive summary of the study here.

About Davie Shipbuilding
Based in Levi, Quebec, Davie is one of Canada’s leading shipbuilders and a global leader in delivering mission-critical specialized vessels to government and commercial customers. Founded in 1825, She Davie is Canada’s oldest, largest and most capable shipyard. Our world-class workforce builds and maintains complex vessels that enable our customers to protect national and economic security or meet serious business needs. For more information, visit davie.ca.

For more information:
Denise Boucher
Vice President of Public Relations and Strategic Relations
514-913-1957

CBJ Newsmaker