Ontario Investing More than $90 Million to Support Expanded Provincial Shipbuilding Capacity
As Canada and our allies work together, making record investments in defence and global security, Ontario is ready to build the ships that will protect our country and keep our economy moving.
That is why we’re investing over $90 million to increase capacity in the province’s shipbuilding industry and help meet the growing demand for Ontario-made vessels while boosting the economic competitiveness of the province’s shipbuilding sector and creating thousands of good-paying jobs.
This investment is part of Ontario’s ongoing work to support national security and defence, as outlined in the framework for the Ontario Defence Industrial Strategy.
The investment ensures Ontario is well positioned to capitalize on growing federal defence investments, which could reach $150 billion annually by 2035 and generate lasting economic benefits for Ontario workers.
Ontario launched the OSGP in 2025 to ensure the province’s shipbuilding sector has the skills, resources, infrastructure and workers to contribute to Canada’s maritime security and shipbuilding future.
