The Liberal government has concluded a deal with a Quebec shipyard to purchase three medium icebreakers to relieve pressure on the Canadian Coast Guard's aging fleet.
The agreement struck with Chantier Davie of Levis, Que., which operates the Davie shipyard, was announced Friday in a release by Public Services and Procurement Canada.
No dollar figure was included in the statement, but sources close to the negotiations said that between the purchase and modification phase, the agreement could be worth just under $500 million.