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Thursday, November 14, 2013

Coast guard’s new icebreaker to cost twice as much as originally estimated

CCGS John G. DiefenbakerThe Canadian Coast Guard’s new heavy icebreaker will cost nearly twice as much to build as originally estimated, officials said Wednesday.

Yet one defence analyst says that’s not necessarily a bad thing given concerns that have been percolating around whether enough money has been set aside for the federal government’s national shipbuilding plan.

The budget for the CCGS John G. Diefenbaker has stood at $720 million since Prime Minister Stephen Harper announced the government’s plans to build the icebreaker during a trip to the Arctic in 2008.

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