Government of Canada Announces Investment in Esquimalt Dock
The Government of Canada will make a large investment over the next five years, into rehabilitating and modernizing the Esquimalt Graving Dock, in British Columbia. The Esquimalt Graving Dock is an active ship repair facility, and this $101-million investment will ensure that the dock fulfills its obligations, to the various fleets using the facility; over the long term.
The Esquimalt Graving Dock, which was originally constructed in 1927, generates economic benefits totaling $183 million annually for British Columbia and it supports an estimated 1,300 jobs in the Greater Victoria Area.
“Our Government’s priority remains the economy and job creation… By supporting the ship repair and shipbuilding industry on Canada’s Pacific coast, we are creating local jobs and generating long-term economic benefits for British Columbia.”- Canadian Minister of Public Works and Government Services.
Esquimalt Graving Dock is the largest deep sea shipbuilding and repair facility on Canada’s Pacific coast, and is the only “open access” multi-user facility on the west coast of the Americas, that provides common services (on a fee-for-service basis) and multi-user access to dry dock infrastructure; for a number of private sector companies.