Lifetime cost of Canada's F-35 fighter jets is $73.9B: parliamentary budget officer

Canada News News

Lifetime cost of Canada's F-35 fighter jets is $73.9B: parliamentary budget officer
Canada Latest News,Canada Headlines
  • 📰 CTVNews
  • ⏱ Reading Time:
  • 106 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 46%
  • Publisher: 99%

Canada will pay an estimated $73.9 billion to buy, fly and maintain its new fleet of F-35 fighter jets, the parliamentary budget officer said Thursday.

Yves Giroux said his independent analysis of the procurement project is "broadly in line" with the government's own estimates from January, which said the cost would be around $70 billion.

The new aircraft are to replace the Royal Canadian Air Force's aging CF-18s, with the first four planes expected to be delivered in 2026 and the final 18 delivered in 2032. The report did not include the $500 million that has already been spent by the federal government between 2010 and 2022 as part of the U.S.-led multilateral initiative known as the joint strike fighter program.

Prime Minister Justin Trudeau has dismissed a long-time Liberal and current senator's suggestion that it may be time he step down to make room for a new Liberal party leader.Newfoundland and Labrador’s provincial government failed to protect Indigenous children from the harms of residential schools, Premier Andrew Furey said in official apologies this week to survivors in Labrador.

W5 presents the inside story of how the killer of Canadian woman Sonia Herok-Stone evaded justice for 40-plus years, due to destroyed evidence, a flaky witness and a mistrial.A cold case stretching back to 1981 left Sonia Herok-Stone’s family and police searching for answers for more than four decades. Stone’s daughter and the now-retired detective Lins Dorman never lost hope for a break in the case.

Good Family Pumpkins says to think twice before taking the pumpkin off your front porch and bringing it to the trash.OPP in Oxford County are on the scene of a two-vehicle crash involving a school bus where one person has died.Around 2:15 a.m. on Thursday, the family was asleep in their home on Applegreen Grove when police said a man got inside and took several items.Diagnosing infectious diseases is about to get a lot quicker for doctors and their patients across the London, Ont. region.

Dr. Jennifer Russell, New Brunswick’s chief medical officer of health during the height of the COVID-19 pandemic, was in front of the public accounts committee Thursday morning answering questions on her response to the pandemic.Two of Canada’s most famous musicians have filed a lawsuit against their former bandmates, alleging they are misleading the public who are coming to see them perform.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CTVNews /  🏆 1. in CA

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.

Lifetime cost of Canada's F-35 fighter jets is $73.9B: parliamentary budget officerLifetime cost of Canada's F-35 fighter jets is $73.9B: parliamentary budget officerOTTAWA — The parliamentary budget officer has pegged the lifetime cost of Canada's new fleet of F-35 fighter jets at $73.9 billion over 45 years. Yves Giroux says the cost of the acquisition phase is estimated to be $19.8 billion.
Read more »

Lifetime cost of Canada's F-35 fighter jets is $73.9B: parliamentary budget officerLifetime cost of Canada's F-35 fighter jets is $73.9B: parliamentary budget officerOTTAWA — The parliamentary budget officer has pegged the lifetime cost of Canada's new fleet of F-35 fighter jets at $73.9 billion over 45 years. Yves Giroux says the cost of the acquisition phase is estimated to be $19.8 billion.
Read more »

Lifetime cost of Canada's F-35 fighter jets is $73.9B: parliamentary budget officerLifetime cost of Canada's F-35 fighter jets is $73.9B: parliamentary budget officerOTTAWA — The parliamentary budget officer has pegged the lifetime cost of Canada's new fleet of F-35 fighter jets at $73.9 billion over 45 years. Yves Giroux says the cost of the acquisition phase is estimated to be $19.8 billion.
Read more »

Lifetime cost of Canada's F-35 fighter jets is $73.9B: parliamentary budget officerLifetime cost of Canada's F-35 fighter jets is $73.9B: parliamentary budget officerOTTAWA — The parliamentary budget officer has pegged the lifetime cost of Canada's new fleet of F-35 fighter jets at $73.9 billion over 45 years. Yves Giroux says the cost of the acquisition phase is estimated to be $19.8 billion.
Read more »

Lifetime cost of Canada's F-35 fighter jets is $73.9B: parliamentary budget officerLifetime cost of Canada's F-35 fighter jets is $73.9B: parliamentary budget officerOTTAWA — The parliamentary budget officer has pegged the lifetime cost of Canada's new fleet of F-35 fighter jets at $73.9 billion over 45 years. Yves Giroux says the cost of the acquisition phase is estimated to be $19.8 billion.
Read more »

Canada to level out number of new permanent residents in Canada in 2026Canada to level out number of new permanent residents in Canada in 2026New targets tabled in Parliament show the government plans to level out the number of new permanent residents to Canada in 2026, forecasting an end to record-breaking year-over-year immigration.
Read more »



Render Time: 2025-02-23 03:32:41