The Irving Shipbuilding contract for building combat vessels in Halifax will have tremendous spinoffs for this Province.
The Conference Board Of Canada estimates over the twenty-five years of the contract this Province could see at least $275 million in economic activity.
Fred Bergman of the Atlantic Provinces Economic Council tells CHSJ News the economic spinoffs extend to the skilled trades here and in other sectors as well. The project would necessitate the hiring of project managers, human resource managers, and other white-collar positions.
Bergman says New Brunswick has the most suppliers with eight contracts at $1 million dollars or more and 27 contracts at $100,000 or above.
