Ontario Shipyards, with support from the Ontario Government and the Ontario Shipbuilding Grant Program, is preparing to bid on Canada’s next-generation naval corvettes.
According to Ontario Shipyards’ LinkedIn, the company aims to unlock untapped capacity in Ontario shipyards and restore the province as a hub of shipbuilding. Partnering with Fincantieri, Italy’s largest shipbuilder, Ontario Shipyards combines Italian naval expertise with local industrial capabilities.
The new vessels, replacing the aging Kingston-class ships, will feature enhanced range, modularity, and operational flexibility. Italian companies have clear opportunities to contribute by supplying advanced machinery, automation systems, modular components, and engineering expertise, supporting both construction and technological innovation.
This initiative aligns with Canada’s broader National Shipbuilding Strategy and the Ontario Shipbuilding Grant Program, which aim to modernize domestic shipbuilding, strengthen supply chains, and adopt advanced technologies — areas where Italian manufacturers can provide significant value.
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About Ontario Shipyards
Ontario Shipyards, headquartered in Hamilton, Ontario, is the largest ship repair and construction company on the Great Lakes. Founded in 1987, the company operates three facilities — in Hamilton, Port Weller, and Thunder Bay — and employs around 250 skilled workers. Historically focused on ship repair and maintenance for the Canadian Coast Guard and commercial fleets, Ontario Shipyards is now expanding into new-build and defense contracts. Through its participation in Team Vigilance and partnerships with leading global shipbuilders, it aims to re-establish Ontario as a key center for Canadian naval construction and advanced marine manufacturing.
About Fincantieri
Fincantieri S.p.A., based in Trieste, Italy, is one of the world’s largest shipbuilding groups and Europe’s industry leader. With more than 230 years of history and operations in over 15 countries, Fincantieri designs and builds a wide range of vessels, including cruise ships, naval vessels, submarines, and offshore platforms. The company employs over 20,000 people worldwide and is known for its engineering excellence, advanced materials expertise, and sustainability-focused innovation.
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