Irving Shipbuilding Commits $2 million in Funding for Research in Canada's North

HALIFAX, June 9, 2016 /CNW/ - Irving Shipbuilding Inc. announced today a new funding commitment of $2 million in partnership with the Nunavut Arctic College for an applied research project with a northern focus.

"Irving Shipbuilding is pleased to support this call for research proposals for the Nunavut Research Institute," said Kevin McCoy, Irving Shipbuilding President. "Projects like these help to ensure Canada has a developed and vibrant marine research industry, particularly in the Arctic."

The $2 million commitment is being made pursuant to Irving Shipbuilding's Value Proposition obligation under Canada's National Shipbuilding Strategy (NSS). Irving Shipbuilding is committed to spending 0.5% of contract revenues with the aim of creating a sustainable marine industry across Canada, amounting to approximately $12 million over the duration of the Arctic Offshore Patrol vessel contract.

"This initiative, made possible by Irving Shipbuilding and NSS, will develop Arctic community capacity to engage in research," said Joe Kunuk, president of Nunavut Arctic College. "We look forward to supporting innovative proposals designed to develop and enhance marine safety."

The call for proposals and budget template are available online at: http://www.nri.nu.ca/news/call-proposals-2016-17-nunavut-research-institute-nri-partnership-irving-shipbuilding-inc.

About Nunavut Research Institute
Under the science arm of the Nunavut Arctic College, the Nunavut Research Institute is responsible for administering scientific research licensing in Nunavut. The institute licenses and coordinates scientific research in the health, natural and social research fields, as required under Nunavut's Scientists Act.

About Irving Shipbuilding Inc.
Irving Shipbuilding Inc. (ISI) is part of the J.D. Irving, Limited Group of companies which includes operations in Agriculture, Construction & Equipment, Consumer Products, Energy, Food, Forestry & Forestry Products, Retail & Distribution and Shipbuilding & Industrial Fabrication. ISI's primary site is Halifax Shipyard, with four other locations in the Maritime Provinces. ISI was selected in 2011 as Canada's Combatant Shipbuilder under the merit-based National Shipbuilding Procurement Strategy and is in the early stages of a 30-year military shipbuilding program.  

http://shipsforcanada.ca/our-stories/irving-shipbuilding-commits-2-million-in-funding-for-research-in-canadas-north

 

SOURCE IRVING SHIPBUILDING INC.

Image with caption: "Nunavut Research Institute (CNW Group/IRVING SHIPBUILDING INC.)". Image available at: https://photos.newswire.ca/images/download/20160609_C5959_PHOTO_EN_710236.jpg

For further information: Mary Keith, Vice President, Communications, J.D. Irving Limited, Work: (506) 632-5122, Cell: (506) 650-8209, keith.mary@jdirving.com; Amanda Kilabuk, Nunavut Arctic College, Ph: (867) 979-7264, Amanda.kilabuk@arcticcollege.ca

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IRVING SHIPBUILDING INC.

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