create jobs and opportunities for hard
working middle-class Canadians.
As reported in the recently released
Canada’s National Shipbuilding Strat-
egy: 2017 Annual Report, contracts
awarded between 2012 and 2017
through the National Shipbuilding
Strategy will contribute close to $8.9
billion of gross domestic product and
approximately 8,800 jobs per year, on
average, will be created or maintained
between 2012 and 2022.
“In addition, there has also been signif-
icant economic benefits to Canada
through the application of Canada's
Industrial and Regional Benefits (IRB)
Policy, which requires the shipyards
and their major suppliers to under-
JANUARY 2019 | BUSINESS ELITE CANADA 41
