The Honourable Diane Finley, Minister of Public Works and Government Services and the Honourable Robert Nicholson, Minister of National Defence, today announced the consolidation of the Department of National Defence’s (DND) headquarters at the Carling Campus. The move will achieve $750 million in net savings in accommodations costs over a 25 year period, plus an additional $160 million for DND in cost avoidance.
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With a one-time refit investment of $506 million completed over 6 years, DND occupancy of the Carling Campus is expected to generate net savings in excess of $750 million over a 25 year period as compared to maintaining the status quo in leased accommodation. DND and Shared Services Canada will fund the project from existing internal resources and no new funds will be required.
The additional $160 million in cost-avoidance will be achieved as a result of reduced DND expenditures for administration and general overhead from the consolidation of 8500 personnel in one location. The project will be conducted in a three-phased approach, starting this month; DND and Canadian Armed Forces personnel will begin to move to the campus in late 2015 and the project is expected to be completed by 2019 ....