$90M flowing to Ontario’s shipbuilding industry

ST. CATHARINES — The Ontario government is steering the ship so to speak, by providing more than $90 million through the Ontario Shipbuilding Grant Program (OSGP) to increase capacity in the province’s shipbuilding industry. The investment will help meet the growing demand for Ontario-made vessels, help Ontario shipbuilders support Canada’s National Shipbuilding Strategy and boost the [...] The post $90M flowing to Ontario’s shipbuilding industry appeared first on constructconnect.com .

ST. CATHARINES — The Ontario government is steering the ship so to speak, by providing more than $90 million through the Ontario Shipbuilding Grant Program (OSGP) to increase capacity in the province’s shipbuilding industry. The investment will help meet the growing demand for Ontario-made vessels, help Ontario shipbuilders support Canada’s National Shipbuilding Strategy and boost the economic competitiveness of Ontario’s shipbuilding and its supply chain, states a release. Through the OSGP, the province is investing $11 million into Ontario Shipyards, with operations across the Great Lakes; over $8 million into Allied Marine and Industrial in Port Colborne; more than $6 million into MetalCraft Marine Inc. in Kingston; and $1.1 million into Connor Industries in Parry Sound.

The funding will be used for skills training, infrastructure improvements and new machinery and equipment. The province will also expand the OSGP to provide up to $64 million in future funding, the release adds. As part of the broader federal Defence Industrial Strategy, Canada’s National Shipbuilding Strategy focuses on three pillars: construction of large vessels, construction of small vessels, and vessel repair, refit and maintenance.

Ontario launched the OSGP in 2025 to ensure the province’s shipbuilding sector has the skills, resources, infrastructure and workers to contribute to Canada’s maritime security and shipbuilding future.