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Entire Economy Stands to Benefit from Largest Contract in Government of Canada History: CME

ID: 1047883

(firmenpresse) - OTTAWA, ONTARIO -- (Marketwire) -- 10/19/11 -- The Canadian economy is the big winner, according to Canadian Manufacturers & Exporters (CME), as Deputy Minister of Public Works and Government Services, Francois Guimont, announced today the successful bidders of a $33 billion federal contract for the production of naval warships, supply vessels and other non-combat craft.

Nova Scotia's Halifax Shipyard and Seaspan Marine Corp. of British Columbia each received a piece of the $33 billion procurement deal - the largest in the Government of Canada's history.

"Beyond the benefits for the winning companies and their workers, the shipbuilding contracts will have profound benefits for the entire economy, coast-to-coast," says CME President & CEO Jayson Myers. "We congratulate the government on a fair and transparent process that will maximize opportunity for participation and growth throughout all regions of Canada to address the subject matter."

Hundreds of suppliers from across the country will now have a chance to bid for various sub-contracts. And to help ensure all manufacturers have access to these opportunities, CME is planning to launch a series of national events connecting prime contractors with small and mid-sized companies.

Among these events will be a supplier development day in Halifax on November 23.

"CME looks forward to working collaboratively with all parties involved to ensure the full potential of this initiative is realized," says Myers. "It's a great day for the manufacturing industry in Canada."

About CME

Canadian Manufacturers & Exporters (CME) is Canada's leading trade and industry association, and the voice of manufacturing and global business in Canada.

CME focuses on the issues that are most critical to our members - manufacturing competitiveness, US business opportunities, international markets, people and skills, energy and the environment. Their challenges are our priorities. We offer solutions for our members through our leadership in: CME Advocacy, CME Intelligence, CME Business Opportunities, CME Best Practices and CME Networking.





Since 1871, we have made a difference for Canada's manufacturing and exporting communities. Fighting for their future. Saving them money. Helping them grow.

The association represents more than 10,000 leading companies nationwide. More than 85 per cent of CME's members are small and medium-sized enterprises. As Canada's leading business network, CME, through various initiatives including the establishment of the Canadian Manufacturing Coalition, touches more than 100,000 companies from coast to coast, engaged in manufacturing, global business and service-related industries.

CME's membership network accounts for an estimated 82 per cent of Canadian manufacturing production and 90 per cent of all exports.



Contacts:
Derek Lothian
Manager, National Communications
Canadian Manufacturers & Exporters
613-296-2156


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Results of the National Shipbuilding Procurement Strategy
Bereitgestellt von Benutzer: MARKET WIRE
Datum: 19.10.2011 - 14:36 Uhr
Sprache: Deutsch
News-ID 1047883
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