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Report: Canadian Surface Combatant fleet to cost at least C$77.3 billion February 26, 2021, by Naida Hakirevic A fleet of fifteen Type 26 frigates planned to be built for the Royal Canadian Navy will cost C$77.3 billion (about $62 billion), a new report shows. Type 26 design, courtesy of BAE Systems The report, The Cost of Canada’s Surface Combatants: 2021 Update and Options Analysis, examines the cost of the existing CSC program, which is intended to replace both the current fleet of Halifax-class frigates and three decommissioned Iroquois-cla...

The Daily Chase: RBC, National report blowout quarters; Powell reassures markets VIDEO SIGN OUT The massive profit beats by Canada’s largest banks were not a one-day phenomenon. Today, it’s Royal Bank of Canada and National that’ve reported blowout quarters. At RBC, the gains were powered by record earnings in its capital markets division and a sharp drop in loan-loss provisions. At National, adjusted profit soared 23 per cent year-over-year amid double-digit growth in most of its major divisions. And coming one day after Bank of Canada Governor Tiff Macklem made it cle...

PBO says mixed frigate fleet and other designs offer cheaper options to navy program The Parliamentary Budget Office says the projected cost of building the Canadian navy's new combat fleet is rising and could hit $77 billion. The watchdog released a new report that looks at alternate designs and a mixed fleet — ideas that could save taxpayers billions of dollars. Social Sharing

Offer down. jenna: interesting. we'll watch for developments on that front. let's talk about something else. obviously you were in the strait of hormuz, you were folded when you were on own of our ships, you were folded by an iranian ship off in the distance. in fact i believe we have a little photo of that, just spotlighted for our audience. we're curious what you think about the news on this new ship that we're adding to our fleet. some are describing it as the darth vader of ships, it's quicker, lighter, it can go after smaller ships like the one we had on our screen. what are your thoughts...