Ontario Announces $215M Investment in Shipbuilding Sector

Ontario Pledges $215M to Boost Provincial Shipbuilding Sector

The Ontario government has announced $215 million in funding for shipbuilding and the broader marine sector in the province, saying it would support Canada’s national shipbuilding strategy and new federal commitments to defence spending. “With our NATO allies meeting this week, Ontario workers are ready to step up and build the ships that will protect Ontario and Canada,” said Prabmeet Sarkaria, Ontario’s minister of transportation. “As the fede…

Major investment made in Ontario’s marine industry

The provincial government announced a $15-million Ontario Shipbuilding Grant Program during an event at Port Weller’s Ontario Shipyards Wednesday.

Ontario confirms $215M to boost shipbuilding, links move to federal NATO commitment

On Wednesday, Transportation Minister Prabmeet Sarkaria confirmed the money, which had been trailed in the 2025 budget.

Ontario announces $215M investment in shipbuilding sector

The Ontario government is investing $215 million to support shipbuilding and the broader marine sector in the province. This includes the creation of a $15 million Ontario Shipbuilding Grant Program (OSGP), aimed at expanding the province’s shipbuilding capacity. The program is intended to align with Canada’s National Shipbuilding Strategy and provide support to Ontario manufacturing businesses and workers amid U.S. tariffs and broader economic …

Minister Sarkaria expected to announce multi-million dollar investment into shipbuilding

The Ontario government is expected to announce a multi-million dollar investment into supporting the shipbuilding industry today.

Ontario pumping CAD 215 million into its shipbuilding sector

The Ontario grant program will provide shipbuilders access to non-repayable grants for up to 50% of eligible costs