Overview

• BC Ferries argues the deal with China Merchants Industry Weihai Shipyards will save about $1.2 billion versus European bids and meet delivery deadlines that domestic yards could not accommodate.
• The B.C. Ferry and Marine Workers Union launched its Build Them Here campaign on August 7 to push for future vessels to be constructed in Canadian shipyards.
• The House of Commons Transport Committee opened a formal investigation into the Canada Infrastructure Bank’s $1 billion loan, and Transport Minister Chrystia Freeland has expressed dismay without calling for cancellation.
• BC Ferries warns shifting construction to Canadian yards would require significant extra funding and could force passenger fares up by 30 percent by 2028.
• The four hybrid diesel-electric vessels are slated to enter service beginning in 2029 under a five-year procurement plan.