News ReleasePremier's OfficePublished: July 8, 2026
Province funds over $90M to expand Ontario shipbuilding capacity and training
New grants will buy equipment, upgrade yards and fund training so Ontario builders can take on more federal ship work and grow marine-sector jobs.
Summary
What happened
- The province announced more than $90 million in grants through the Ontario Shipbuilding Grant Program (OSGP) to expand shipbuilding capacity across Ontario.
Who this affects
- Shipbuilders, suppliers and workers across the marine sector in locations such as St. Catharines, Hamilton, Port Colborne, Kingston and Parry Sound.
By the numbers (from the release)
- $11 million to Ontario Shipyards
- Over $8 million to Allied Marine and Industrial (Port Colborne)
- More than $6 million to MetalCraft Marine (Kingston)
- $1.1 million to Connor Industries (Parry Sound)
- OSGP may be expanded to provide up to $64 million more in future funding
- Second OSGP application intake expected in late summer 2026
- The release also notes a previous $215 million announced last year for the sector
Why it matters
- Funding is for skills training, infrastructure upgrades and new machinery to help Ontario firms compete for federal shipbuilding and repair work under the National Shipbuilding Strategy.
- The government frames the investment as a way to strengthen supply chains, increase repair capacity on the Great Lakes and support thousands of good-paying jobs in the marine sector.
Source grounding
- All figures and timelines are taken directly from the provincial news release announcing the expanded OSGP funding.
Keywords
Related links
Source: Ontario Newsroom