F-35s' pricetag of $9B 'more honest,' Fantino says
By Laura Payton, CBC News
Posted: Oct 4, 2011 7:52 PM ET
Last Updated: Oct 4, 2011 10:15 PM ET
An overall $9 billion cost estimate is more honest than relying on individual plane costs, says the minister handling the purchase of Canada's new fighter jets.
Despite a promise by manufacturer Lockheed Martin that Canada will get its F-35 fighter jets at a cost of $65 million each, Julian Fantino, Associate Minister of National Defence, says the government's overall $9 billion estimate is the more honest number.
The cost of the F-35 depends on the number of planes ordered by other countries, as well as on how early Canada wants to get its order. The manufacturing cost goes down as more planes come off the assembly line, with Canada expecting the U.S. to absorb the bulk of the F-35's development costs.
"There are just so many variables, and that’s why I think the more honest, ethical response to all these issues is the $9 billion figure, which in fact will be the ceiling that Canada will be investing in these particular aircraft," Fantino told Evan Solomon, host of CBC's Power & Politics.
"We can have this debate up, down and sideways, but the reality is that we are trying to do the best we can, being very responsible with taxpayer dollars."
Canada has ordered 65 fighter jets. The $9 billion total cost estimate breaks down to more than $138 million per plane.
The $9 billion estimate includes training and maintenance costs.
A number of experts have disputed the cost of the planes, including Parliamentary Budget Officer Kevin Page and former defence officials. An American procurement expert from the U.S. General Accountability Office estimated the F-35 A, the model Canada is buying, would cost between $100 to $115 million each.
Share Tools
Top News Headlines
- Search for Oklahoma tornado survivors nearly complete
- Rescue workers raced to complete the search for survivors and the dead in the Oklahoma City suburb where a mammoth tornado destroyed countless homes, cleared lots down to bare red earth and claimed 24 lives, including those of nine children.
more »
- Video forensics: How easy would it be to fake a Rob Ford video?
- A Toronto newspaper reported last week that it has seen a cellphone video of Mayor Rob Ford allegedly smoking crack, a claim that has gone global. If a video does surface, how easy would it be to determine its authenticity? CBC News asked video forensic analyst David McKay. more »
- Senate sends Duffy expense audit for 2nd internal review
- The Senate decided to send Senator Mike Duffy's audit report back to its internal committee for a second review, despite objections from the Liberal Senate leader, who argued the RCMP should be tasked with the job. more »
- How the weather info that storm chasers use can keep you safe
- Radar imagery and a stream of weather information are readily available to the public when severe weather bears down. more »
- What is 'Tornado Alley'?
- A tornado that generated winds as strong as 320 km/h and killed more than 20 people in Moore, Okla., on Monday fell in a geographical area of the U.S. generally known as 'Tornado Alley.' Here's a closer look at this storm-plagued region — and its counterparts in Canada. more »
Must Watch
Latest Canada News Headlines
- Video forensics: How easy would it be to fake a Rob Ford video?
- A Toronto newspaper reported last week that it has seen a cellphone video of Mayor Rob Ford allegedly smoking crack, a claim that has gone global. If a video does surface, how easy would it be to determine its authenticity? CBC News asked video forensic analyst David McKay. more »
- What is 'Tornado Alley'?
- A tornado that generated winds as strong as 320 km/h and killed more than 20 people in Moore, Okla., on Monday fell in a geographical area of the U.S. generally known as 'Tornado Alley.' Here's a closer look at this storm-plagued region — and its counterparts in Canada. more »
- Only 1 set of human remains found at Millard farm, police say
- Hamilton police have confirmed that they are dealing with only a single set of human remains at the Waterloo region farm of Dellen Millard. more »
- Mountie sues 13 ex-colleagues for sex assault, harassment
- An RCMP staff sergeant has filed a multimillion-dollar lawsuit against 13 former colleagues in the force's travelling equestrian show the Musical Ride, claiming she was sexually assaulted and harassed in the 1980s. more »
The National
The Current
- The morning after the Oklahoma tornado May. 21, 2013 4:17 PM The rescue efforts and aftermath of yesterday's devastating tornado in Moore, Oklahoma.
- Microsoft unveils Xbox One
- Deadly Oklahoma tornado confirmed as most powerful type
- Only 1 set of human remains found at Millard farm, police say
- Rob Ford faces more calls to address crack allegations
- Cloverdale Rodeo 'racist attack' investigated
- Kids from levelled Oklahoma schools recount deadly tornado
- One dead as floatplane overturns in Bute Inlet
- Yukon couple hold record for longest marriage in country
- Aboriginal woman settles lawsuit over 3½ years solitary confinement

