OTTAWA — Canada has signed a trilateral agreement with Finland and the U.S. to boost the production of icebreakers in an effort to safeguard the Arctic and Antarctic regions.
The"ICE Pact," as it's being called, is aimed at bolstering shipbuilding capabilities in the three countries to deter Russian and Chinese ambitions in the Far North."In the Arctic, new, faster shipping lanes hold the potential to create new economic opportunities and drive down shipping costs. And in the Antarctic, our partnership can also foster increased scientific research and international collaboration," the PMO said in a statement Thursday.
The 32 allies said in their joint statement at this year's summit that Russia"remains the most significant and direct threat to allies’ security." "As it becomes more accessible, security concerns become I think far more significant to us," he said, noting there are currently"huge gaps" in both security and presence in the North American Arctic.
Senior U.S. officials who spoke to reporters about the deal said they anticipate allies will want to build between 70 and 90 icebreakers in the coming years and they want domestic shipyards to gain from that production.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canada to work with Finland, U.S. on 'Ice Pact' to build icebreakersOTTAWA — Canada has signed a trilateral agreement with Finland and the U.S. to boost the production of icebreakers in an effort to safeguard the Arctic and Antarctic regions.
Read more »
Canada to work with Finland, U.S. on 'Ice Pact' to build icebreakersOTTAWA — Canada has signed a trilateral agreement with Finland and the U.S. to boost the production of icebreakers in an effort to safeguard the Arctic and Antarctic regions.
Read more »
Canada to work with Finland, U.S. on 'Ice Pact' to build icebreakersOTTAWA — Canada has signed a trilateral agreement with Finland and the U.S. to boost the production of icebreakers in an effort to safeguard the Arctic and Antarctic regions.
Read more »
Canada to work with Finland, U.S. on 'Ice Pact' to build icebreakersOTTAWA — Canada has signed a trilateral agreement with Finland and the U.S. to boost the production of icebreakers in an effort to safeguard the Arctic and Antarctic regions.
Read more »
Canada to work with Finland, U.S. on 'ice pact' to build icebreakersSenior officials from the Canadian and U.S. governments say a new trilateral agreement with Finland will help allies build icebreakers to safeguard the Arctic.
Read more »
Canada, U.S. and Finland form pact to build icebreakers for ArcticThe CCGS Captain Molly Kool is presented to the media after undergoing refit and conversion work at the Davie shipyard, Friday, December 14, 2018 in Levis Que. Reduced search-and-rescue coverage, ferry-service disruptions, cancelled resupply runs to Arctic and coastal communities and nearly $2 million in lost navigational buoys.
Read more »