The Navy announced a $26 Billion fund to build 15 new surface vessels for the navy - the problem is the budget is fixed. Due to inflation, the Navy is losing about $1 Million/Day of that.
What does that $1 million loss per day do to the plan? It limits the number of ships the Navy can build.
The original announcement called for 15 new surface vessels for the RCN, now it is estimated that they will only get 8 to 10. Those will only happen if building starts soon - or the number will continue to shrink.
|HMCS Winnipeg as part of OP REASSURANCE July 2015. Photo: CF Combat Camera|