Canadians don’t grasp the dire straits the Coast Guard Fleet is in, expert says

canadian coast guardThe majority of the Canadian Coast Guard fleet is so old that its book value is almost worthless, says an independent report presented to the Liberal government. A third-party analysis was commissioned by the agency, which has for the last 20 years fallen under the responsibility of the Fisheries Department. A heavily censored copy of the report, which was included in a briefing package for former fisheries minister Hunter Tootoo, was obtained by CBC News under the Access to Information Act. It pulls no punches when it comes to the state of the fleet that performs vital ice-breaking and life-saving search and rescue functions on all three coasts. “A significant amount of the fleet is fully depreciated,” says the undated report written by analysts Bill Austin and Carl Hegge. Read the story here 10:04

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