Engineers and technicians are busy at work inside OSI Maritime Systems’ Burnaby facility, focusing on enhancing navigation systems for military ships. The company anticipates a significant surge in their workload due to the Canadian government’s extensive investment in defense. Jim Girard, the company’s president, expressed optimism about this new phase, highlighting the company’s role in developing advanced ship bridges and navigation systems for various naval forces globally.
With a workforce of around 400 employees, OSI Maritime Systems has experienced substantial growth in recent years, up from 265 employees just three years ago. Girard foresees a remarkable expansion in Canada’s defense industry over the next decade, spurred by the government’s commitment to bolster defense spending to meet NATO standards.
The recent federal budget unveiled a $6.6 billion allocation over five years for defense spending, emphasizing the forthcoming defense industrial strategy. This move has created a positive outlook for shipbuilding and naval technology companies, as they aim to capitalize on the increased government funding and secure lucrative contracts.
British Columbia has introduced the “Look West” strategy, a ten-year plan focusing on expediting major projects, enhancing skills training, and fortifying key sectors like defense. The province aims to secure 35% of federal defense vessel contracts by 2035, with Seaspan designated as a strategic partner in this initiative.
Former federal defense minister Harjit Sajjan has been engaged by B.C. to provide counsel on competing for contracts, emphasizing the need for swift action to leverage emerging opportunities. The surge in federal investment aligns with B.C.’s shipbuilding narrative, with recent developments sparking discussions on local versus international shipyard contracts.
As B.C. navigates through these developments, investments in skills training and workforce development are deemed critical for the province’s future in defense shipbuilding. The government’s commitment to doubling funding for trades training underscores its dedication to equipping local industries with the necessary workforce to thrive in the evolving defense landscape.
