News

This is the biggest ship building contract since the Second World War

Halifax’s Irving Shipbuilding has been awarded the $25-billion contract to build 21 Canadian combat ships the federal government announced Wednesday 19 October. Defence Minister Peter MacKay said it was a very exciting day for the Royal Canadian Navy because the ships will help them prepare for the challenges of the 21st century.

“They won this on their merit. They won this on hard work. They put forward a very competitive bid into a process that was merit-based, that was transparent, inclusive and open, and highly competitive,” he said. “And so for that, the shipbuilders of Nova Scotia deserve the credit for what is an absolutely wonderful day in our province.”

Rona Ambrose, the minister of public works and government services, which handles procurement, said the contracts will provide 75 million hours of work and 15,000 jobs annually over the next 30 years. “Our government made the strategic and historic decision to support the Canadian marine industry, to revitalize Canadian shipyards and to build ships for the navy and coast guard right here in Canada,” she said.

Nova Scotia Premier Darrell Dexter says Nova Scotians who have left the province and are now in Alberta or other parts of the country can bring their skills home. “That’s pretty significant for us,” using words like “jubilant” and “euphoria” to describe the reaction of people around him. “It also means that the young people who are here today who are in high school or community college can look at a career in shipbuilding. That they’re going to be able to keep their families here, to put down roots and to know that they’re going to have a good-paying job over the long-term and that they’re going to share in the prosperity of the province.”

Forest Lakes Country Club will be THE luxury lifestyle resort in Atlantic Canada. Located just 30 minutes from Halifax, Nova Scotia and the International Airport, it is in a prime position to benefit from the shipbuilding contract.

Quoting John Dicks, V.P. of Communications for Terra Firma Development Corporation, the development company for Forest Lakes  “I am very pleased to be able to share with with Landcorp this piece of momentous news. People are walking around the city and they are just smiling – this is all folks are talking about. This will create many, many thousands of jobs, right here in Nova Scotia paying an average of between 75K CDN to 100K CDN. And Forest Lakes is perfectly placed to provide luxury property within commuting distance of Halifax.”

Embracing the Canadian outdoors, this 1,000+ acre site will be home to one of the most sought after premier developments in Nova Scotia, Canada, including a spectacular 18-hole Nicklaus Design golf course.

With Investments starting from £30,000 and fixed returns of 100%+, now is a perfect time to consider adding Forest Lakes to your investment portfolio.