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House Hansard - 75

44th Parl. 1st Sess.
May 19, 2022 10:00AM
  • May/19/22 6:58:04 p.m.
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Madam Chair, let us talk about transparency. I will give the minister an opportunity to say more. The committee recently heard from representatives of Irving Shipbuilding. For the contract to build the 15 new frigates, the president mentioned that Irving's bid was under $60 billion and added that the government had announced that it would cost $60 billion. However, the Parliamentary Budget Officer estimated that the frigates would cost $77.3 billion to build. Given that Irving's figure was less than $60 billion, the government's figure was $60 billion, and the Parliamentary Budget Officer's figure was more than $77 billion, could the minister, in the name of transparency, tell us the projected cost of building these frigates?
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