16 janvier 2019 | Local, Naval

Seaspan Announces Closing of Second $500 Million Investment by Fairfax Financial Holdings Limited

HONG KONG, Jan. 15, 2019 /CNW/ - Seaspan Corporation (NYSE: SSW) ("Seaspan") announced today the closing of the second tranche of the $1 billion aggregate investment commitment by Fairfax Financial Holdings Limited and its affiliates (collectively, "Fairfax") in Seaspan. As with Fairfax's initial $500 million investment in Seaspan, and pursuant to definitive agreements entered into on March 13, 2018 and announced on March 14, 2018, this second tranche of funding (the "Second Fairfax Investment") is structured as a $250 million issuance of (i) 5.50% senior notes due 2026 and (ii) approximately 38.46 million warrants (the "2019 Warrants"). Pursuant to a definitive agreement entered into and announced on May 31, 2018, Fairfax has agreed to immediately exercise the 2019 Warrants at an exercise price of $6.50per warrant, for additional equity proceeds to Seaspan of $250 million. As a result, Seaspan's aggregate proceeds from the Second Fairfax Investment will be $500 million.

This brings Fairfax's total investment in Seaspan to $1 billion, the proceeds of which will be used to fund future growth initiatives, repay debt and for general corporate purposes. With the closing of the Second Fairfax Investment, Fairfax's aggregate shareholdings in Seaspan are 76.9 million Class A common shares or approximately 36% of shares outstanding.

Fairfax continues to hold the 25 million seven year warrants, with an exercise price of $8.05, which were issued to it on July 16, 2018.

Summary of Fairfax Investments1


Investment	Date Issued/Exercised	Proceeds to Seaspan
2025 Notes	February 14, 2018	$250 million
2018 Warrants	July 16, 2018	$250 million
2026 Notes	January 15, 2019	$250 million
2019 Warrants	January 15, 2019	$250 million


1	Does not include the 25 million seven year warrants outstanding as of the date hereof

David Sokol, Chairman of Seaspan Corporation commented, "The closing of this follow-on Fairfax investment bolsters Seaspan's balance sheet for the future. Seaspan's management team and Board of Directors are proud to continue building upon the strong partnership created with Fairfax. This additional investment will enhance Seaspan's ability to execute on our long-term goals of deleveraging, strengthening our balance sheet, and creating value through disciplined and thoughtful capital allocation."

Prem Watsa, Chairman and Chief Executive Officer of Fairfax said, "With the closing of this investment, we are excited to expand our partnership with Seaspan, which now represents one of Fairfax's largest investments."

About Seaspan

Seaspan is a leading independent charter owner and operator of containerships with industry leading ship management services. We charter our vessels primarily pursuant to long-term, fixed-rate, time charters to the world's largest container shipping liners. Seaspan's operating fleet consists of 112 containerships with a total capacity of more than 900,000 TEU, an average age of approximately 6 years and an average remaining lease period of approximately 4 years, on a TEU-weighted basis.

Seaspan has the following securities listed on The New York Stock Exchange:

Symbol:	Description:

SSW	Class A common shares
SSW PR D	Series D preferred shares
SSW PR E	Series E preferred shares
SSW PR G	Series G preferred shares
SSW PR H	Series H preferred shares
SSW PR I	Series I preferred shares
SSWN	6.375% senior unsecured notes due 2019
SSWA	7.125% senior unsecured notes due 2027
SSW25	5.500% senior notes due 2025

About Fairfax Financial Holdings Limited

Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and investment management.

Investor Inquiries:

Mr. Matt Borys
Investor Relations
Seaspan Corporation
Tel. +1-778-328-5340
Email: mborys@seaspanltd.ca

SOURCE Seaspan Corporation

https://www.newswire.ca/news-releases/seaspan-announces-closing-of-second-500-million-investment-by-fairfax-financial-holdings-limited-848167000.html

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2 mars 2018 | Local, Aérospatial

Military promotions and retirements: RCAF commander Lt.-Gen. Hood leaving
DAVID PUGLIESE, OTTAWA CITIZEN More from David Pugliese, Ottawa Citizen A CANFORGEN has now gone out outlining the latest promotions and retirements from the Canadian Forces. Here it is: PROMOTIONS AND APPOINTMENTS, RESULTING FROM RETIREMENTS, ARE AS FOLLOWS: LIEUTENANT-GENERAL J.A.J. PARENT WILL RETIRE FROM SERVICE RESULTING IN THE FOLLOWING PROMOTIONS AND APPOINTMENTS: (1) LIEUTENANT-GENERAL P.F. WYNNYK WILL BE APPOINTED ACTING VICE CHIEF OF THE DEFENCE STAFF, AT NDHQ, IN OTTAWA ON, REPLACING LIEUTENANT-GENERAL J.A.J. PARENT (2) MAJOR-GENERAL J.M. LANTHIER WILL BE PROMOTED TO THE RANK OF LIEUTENANT-GENERAL AND WILL BE APPOINTED COMMANDER CANADIAN ARMY, AT NDHQ, IN OTTAWA ON, REPLACING LIEUTENANT-GENERAL P.F. WYNNYK (3) BRIGADIER-GENERAL J.P.H.H. GOSSELIN WILL BE PROMOTED TO MAJOR- GENERAL AND APPOINTED CHIEF OF PROGRAM, AT NDHQ, IN OTTAWA ON, REPLACING MAJOR-GENERAL J.M. LANTHIER (4) BRIGADIER-GENERAL M.A.J. CARIGNAN WILL BE APPOINTED AS COMMANDER 2 CANADIAN DIVISION AND JOINT TASK FORCE (EAST), IN MONTREAL QC, REPLACING BRIGADIER-GENERAL J.P.H.H. GOSSELIN (5) COLONEL D.A. (DAVE) QUINN WILL BE PROMOTED ACTING WHILE SO EMPLOYED TO THE RANK OF BRIGADIER-GENERAL AND APPOINTED AS CHIEF OF STAFF LAND OPERATIONS CANADIAN ARMY, IN NDHQ, IN OTTAWA ON, REPLACING BRIGADIER-GENERAL M.A.J. CARIGNAN LIEUTENANT-GENERAL J.M.M. HAINSE WILL RETIRE FROM SERVICE RESULTING IN THE FOLLOWING PROMOTIONS AND APPOINTMENTS: (1) REAR-ADMIRAL D.C. HAWCO WILL BE PROMOTED TO THE RANK OF VICE- ADMIRAL AND WILL BE APPOINTED CANADIAN MILITARY REPRESENTATIVE AT NATO HQ, IN BRUSSELS (BELGIUM), REPLACING LIEUTENANT-GENERAL J.M.M. HAINSE (2) COMMODORE J.B. ZWICK WILL BE PROMOTED TO THE RANK OF REAR-ADMIRAL AND BE APPOINTED AS CHIEF OF FORCE DEVELOPMENT, AT NDHQ, IN OTTAWA ON, REPLACING REAR-ADMIRAL D.C. HAWCO (3) COMMODORE A.I. TOPSHEE WILL BE APPOINTED AS COMMANDER CANADIAN FLEET PACIFIC, IN ESQUIMALT BC, REPLACING COMMODORE J.B. ZWICK (4) CAPTAIN (NAVY) J.A. CLARKE WILL BE PROMOTED TO THE RANK OF COMMODORE AND APPOINTED DEPUTY DIRECTOR STRATEGY, POLICY AND PLANS AT THE NORTH AMERICAN AEROSPACE DEFENSE COMMAND, AT COLORADO SPRINGS (USA), REPLACING COMMODORE A.I. TOPSHEE LIEUTENANT-GENERAL M.J. HOOD WILL RETIRE FROM SERVICE RESULTING IN THE FOLLOWING PROMOTIONS AND APPOINTMENTS: (1) MAJOR-GENERAL A.D. MEINZINGER WILL BE PROMOTED TO THE RANK OF LIEUTENANT-GENERAL AND WILL BE APPOINTED COMMANDER ROYAL CANADIAN AIR FORCE, AT NDHQ, IN OTTAWA ON, REPLACING LIEUTENANT-GENERAL M.J. HOOD (2) MAJOR-GENERAL O.H. LAVOIE WILL BE APPOINTED DIRECTOR OF STAFF, STRATEGIC JOINT STAFF, AT NDHQ, IN OTTAWA ON, REPLACING MAJOR-GENERAL A.D. MEINZINGER (3) BRIGADIER-GENERAL J.S.S.D. FORTIN WILL BE PROMOTED TO MAJOR- GENERAL AND WILL BE APPOINTED COMMANDER 1ST CANADIAN DIVISION, IN KINGSTON ON, REPLACING MAJOR-GENERAL O.H. LAVOIE (4) COLONEL E.D. SIMONEAU WILL PROMOTED TO THE RANK OF BRIGADIER- GENERAL AND WILL BE SECONDED TO THE PRIVY COUNCIL OFFICE, IN OTTAWA ON, REPLACING BRIGADIER-GENERAL J.S.S.D. FORTIN LIEUTENANT-GENERAL J.P.J. ST-AMAND WILL RETIRE FROM SERVICE RESULTING IN THE FOLLOWING PROMOTIONS AND APPOINTMENTS: (1) MAJOR-GENERAL C.J. COATES WILL BE PROMOTED TO THE RANK OF LIEUTENANT-GENERAL AND WILL BE APPOINTED DEPUTY COMMANDER NORTH AMERICAN AEROSPACE DEFENCE COMMAND, AT COLORADO SPRINGS (USA), REPLACING LIEUTENANT-GENERAL J.P.J. ST-AMAND (2) BRIGADIER-GENERAL D.W. LOWTHIAN WILL BE PROMOTED TO THE RANK OF MAJOR-GENERAL AND WILL BE APPOINTED DIRECTOR OF NORAD OPERATIONS AT NORAD HQ, IN COLORADO SPRINGS (USA), REPLACING MAJOR-GENERAL C.J. COATES (3) BRIGADIER-GENERAL C.J.J. MIALKOWSKI WILL BE APPOINTED CHIEF OF STAFF TO THE CHIEF DEFENCE STAFF, AT NDHQ, IN OTTAWA ON, REPLACING BRIGADIER-GENERAL D.W. LOWTHIAN (4) BRIGADIER-GENERAL J.R.M. GAGNE WILL DEPLOY AS DEPUTY COORDINATOR SUPPORT USSC/ COMMMANDER TASK FORCE MIDDLE EAST, REPLACING BRIGADIER-GENERAL C.J.J. MIALKOWSKI (5) COLONEL W.H. FLETCHER WILL BE PROMOTED ACTING WHILE SO EMPLOYED TO THE RANK OF BRIGADIER-GENERAL AND APPOINTED DEPUTY COMMANDER 18 AB CORPS US ARMY, IN NORTH CAROLINA (USA), REPLACING BRIGADIER-GENERAL J.R.M. GAGNE REAR-ADMIRAL J.P.G. COUTURIER WILL RETIRE FROM SERVICE RESULTING IN THE FOLLOWING PROMOTIONS AND APPOINTMENTS: (1) REAR-ADMIRAL A.G. MCDONALD WILL BE APPOINTED DEPUTY COMMANDER OF THE ROYAL CANADIAN NAVY, AT NDHQ, IN OTTAWA ON, REPLACING REAR- ADMIRAL J.P.G. COUTURIER (2) REAR-ADMIRAL J.R. AUCHTERLONIE WILL BE APPOINTED COMMANDER MARITIME FORCES PACIFIC/JOINT TASK FORCE (PACIFIC), IN ESQUIMALT BC, REPLACING REAR-ADMIRAL A.G. MCDONALD (3) MAJOR-GENERAL W.F. SEYMOUR WILL BE APPOINTED DEPUTY COMMANDER – CANADIAN JOINT OPERATIONS COMMAND, AT NDHQ, IN OTTAWA ON, REPLACING REAR-ADMIRAL J.R. AUCHTERLONIE (4) COMMODORE B.W.N. SANTARPIA WILL BE PROMOTED TO REAR-ADMIRAL AND WILL BE APPOINTED CHIEF OF STAFF OPERATIONS, CANADIAN JOINT OPERATIONS COMMAND, AT NDHQ, IN OTTAWA ON, REPLACING MAJOR-GENERAL W.F. SEYMOUR (5) CAPTAIN (NAVY) B. PEATS WILL BE PROMOTED ACTING WHILE SO EMPLOYED TO THE RANK OF COMMODORE AND WILL BE APPOINTED DIRECTOR GENERAL PLANS – STRATEGIC JOINT STAFF, AT NDHQ, IN OTTAWA ON, REPLACING COMMODORE B.W.N. SANTARPIA REAR-ADMIRAL W.S. TRUELOVE WILL RETIRE FROM SERVICE RESULTING IN THE FOLLOWING PROMOTIONS AND APPOINTMENTS: (1) MAJOR-GENERAL S.C. HETHERINGTON WILL BE APPOINTED CANADIAN DEFENCE ATTACHE / COMMANDER CANADIAN DEFENCE LIASON STAFF (WASHINGTON) IN WASHINGTON DC (USA), REPLACING REAR-ADMIRAL W.S. TRUELOVE (2) BRIGADIER-GENERAL S.M. CADDEN WILL BE PROMOTED TO THE RANK OF MAJOR-GENERAL AND APPOINTED COMMANDER CANADIAN ARMY DOCTRINE AND TRAINING CENTRE, IN KINGSTON ON, REPLACING MAJOR-GENERAL S.C. HETHERINGTON (3) BRIGADIER-GENERAL J.J.M.J. PAUL WILL BE APPOINTED AS COMMANDER 4TH CANADIAN DIVISION, IN TORONTO ON, REPLACING BRIGADIER-GENERAL S.M. CADDEN (4) COLONEL M.C. WRIGHT WILL BE PROMOTED ACTING WHILE SO EMPLOYED TO THE RANK OF BRIGADIER-GENERAL AND BE APPOINTED AS CHIEF OF STAFF CANADIAN FORCES INTELLIGENCE COMMAND, AT NDHQ, IN OTTAWA ON, REPLACING BRIGADIER-GENERAL J.J.M.J. PAUL MAJOR-GENERAL D.L.R. WHEELER RETIRED FROM SERVICE IN LATE 2017, RESULTING IN THE FOLLOWING PROMOTIONS AND APPOINTMENTS: (1) BRIGADIER-GENERAL S.G. FRIDAY WAS PROMOTED MAJOR-GENERAL AND APPOINTED AS DEPUTY VICE-CHIEF OF THE DEFENCE STAFF, AT NDHQ, IN OTTAWA ON, REPLACING MAJOR-GENERAL D.L.R. WHEELER (2) BRIGADIER-GENERAL ACTING WHILE SO EMPLOYED K.G. HORGAN WILL BE PROMOTED SUBSTANTIVE TO THE RANK OF BRIGADIER-GENERAL AND WAS APPOINTED AS CHIEF OF STAFF, VICE-CHIEF OF THE DEFENCE STAFF, AT NDHQ, IN OTTAWA ON, REPLACING MAJOR-GENERAL S.G. FRIDAY MAJOR-GENERAL D.J. MILNER WILL RETIRE FROM SERVICE RESULTING IN THE FOLLOWING PROMOTIONS AND APPOINTMENTS: (1) MAJOR-GENERAL S.G. FRIDAY WILL BE APPOINTED AS CENTRAL COMMAND DEPUTY J4, IN TAMPA FL (USA), REPLACING MAJOR-GENERAL D.J. MILNER IN CENTRAL COMMAND (2) BRIGADIER-GENERAL F.J. ALLEN WILL BE PROMOTED TO MAJOR-GENERAL AND APPOINTED AS DEPUTY VICE-CHIEF OF THE DEFENCE STAFF, AT NDHQ, IN OTTAWA ON, REPLACING MAJOR-GENERAL S.G. FRIDAY (3) COLONEL P.C. SABOURIN WILL BE PROMOTED ACTING WHILE SO EMPLOYED TO THE RANK OF BRIGADIER-GENERAL AND APPOINTED DIRECTOR GENERAL INFORMATION MANAGEMENT OPERATIONS, AT NDHQ, IN OTTAWA, REPLACING BRIGADIER-GENERAL F.J. ALLEN MAJOR-GENERAL G.D. LOOS WILL RETIRE FROM SERVICE RESULTING IN THE FOLLOWING PROMOTIONS AND APPOINTMENTS: (1) BRIGADIER-GENERAL F.J. CHAGNON WILL BE PROMOTED TO THE RANK OF MAJOR-GENERAL AND APPOINTED CHIEF OF STAFF ASSISTANT DEPUTY MINISTER (IM), AT NDHQ, IN OTTAWA ON, REPLACING MAJOR-GENERAL G.D. LOOS (2) BRIGADIER-GENERAL D.J. ANDERSON WILL BE APPOINTED DEPUTY CHIEF OF STAFF – OPERATIONS, CANADIAN JOINT OPERATIONS COMMAND, IN OTTAWA ON, REPLACING BRIGADIER-GENERAL F.J. CHAGNON (3) BRIGADIER-GENERAL M.H.L. BOURGON WILL BE APPOINTED AS CHIEF OF STAFF READINESS CANADIAN JOINT OPERATIONS COMMAND, AT NDHQ, IN OTTAWA, REPLACING BRIGADIER-GENERAL D.J. ANDERSON (4) BRIGADIER-GENERAL J.P.R. PREVOST WILL BE APPOINTED AS DIRECTOR GENERAL OPERATIONS, STRATEGIC JOINT STAFF, AT NDHQ, IN OTTAWA ON, REPLACING BRIGADIER-GENERAL M.H.L. BOURGON (5) COLONEL J.A.S. BERNARD WILL BE PROMOTED ACTING WHILE SO EMPLOYED TO THE RANK OF BRIGADIER-GENERAL AND APPOINTED DEPUTY CHIEF OF STAFF PLANS, CANADIAN JOINT OPERATIONS COMMAND, IN OTTAWA ON, REPLACING BRIGADIER-GENERAL J.P.R. PREVOST MAJOR-GENERAL N. ELDAOUD WILL TRANSFER TO THE PRIMARY RESERVE AND CONTINUE TO SUPPORT THE JOURNEY PROJECT, RESULTING IN THE FOLLOWING PROMOTIONS AND APPOINTMENTS: (1) FOLLOWING HIS RETURN FROM OP IMPACT (MLT DIRECTOR), BRIGADIER- GENERAL S.J.R. WHELAN WILL BE PROMOTED TO MAJOR-GENERAL AND WILL BE APPOINTED CHIEF MILITARY PERSONNEL PROGRAMS (JOURNEY PROJECT), AT NDHQ, IN OTTAWA ON, REPLACING MAJOR-GENERAL N. ELDAOUD (2) BRIGADIER-GENERAL R. DELANEY WILL BE APPOINTED MINISTERIAL LIAISON TEAM DIRECTOR – OP IMPACT, REPLACING BRIGADIER-GENERAL S.J.R. WHELAN (3) COLONEL J.S. TRUDEAU WILL BE PROMOTED TO BRIGADIER-GENERAL AND APPOINTED AS CANADIAN FORCES PROVOST MARSHAL, AT NDHQ, IN OTTAWA ON, REPLACING BRIGADIER-GENERAL R. DELANEY REAR-ADMIRAL J.J. BENNETT WILL RETIRE FROM SERVICE RESULTING IN THE FOLLOWING PROMOTION AND APPOINTMENT: (1) CAPTAIN (NAVY) R.L. PATTERSON WILL BE PROMOTED ACTING WHILE SO EMPLOYED TO THE RANK OF COMMODORE AND APPOINTED DIRECTOR GENERAL CANADIAN ARMED FORCES STRATEGIC RESPONSE TEAM ON SEXUAL MISCONDUCT, AT NDHQ, IN OTTAWA ON, REPLACING REAR-ADMIRAL J.J. BENNETT COMMODORE M.D. WOOD RETIRED FROM SERVICE IN LATE 2017, RESULTING IN THE FOLLOWING PROMOTION AND APPOINTMENT: (1) CAPTAIN (NAVY) L. CAROSIELLI WAS PROMOTED ACTING WHILE SO EMPLOYED TO THE RANK OF COMMODORE AND APPOINTED AS PROJECT MANAGER CANADIAN SURFACE COMBATANT, AT NDHQ, IN OTTAWA ON, REPLACING COMMODORE M.D. WOOD BRIGADIER-GENERAL M.A. FRANK RETIRED FROM SERVICE IN LATE 2017, RESULTING IN THE FOLLOWING PROMOTION AND APPOINTMENT: (1) CAPTAIN (NAVY) R.G. PUMPHREY WAS PROMOTED ACTING WHILE SO EMPLOYED TO THE RANK OF COMMODORE AND APPOINTED AS DIRECTOR GENERAL DEFENCE FORCE PLAN, AT NDHQ, IN OTTAWA ON, REPLACING BRIGADIER- GENERAL M.A. FRANK BRIGADIER-GENERAL W. LIEDTKE RETIRED FROM SERVICE IN LATE 2017, RESULTING IN THE FOLLOWING PROMOTION AND APPOINTMENT: (1) COLONEL R.W.H. GOODYEAR WILL BE PROMOTED ACTING WHILE SO EMPLOYED TO THE RANK OF BRIGADIER-GENERAL AND APPOINTED AS CHIEF FINANCIAL MANAGEMENT/DEPUTY CHIEF FINANCIAL OFFICER AT NDHQ, IN OTTAWA ON, REPLACING BRIGADIER-GENERAL W. LIEDTKE BRIGADIER-GENERAL J.B.C. DOYON RETIRED FROM SERVICE IN LATE 2017, RESULTING IN THE FOLLOWING PROMOTION AND APPOINTMENT: (1) COMMODORE ACTING WHILE SO EMPLOYED C.F. SUTHERLAND WILL BE PROMOTED SUBSTANTIVE TO THE RANK OF COMMODORE AND WAS APPOINTED AS DIRECTOR GENERAL MILITARY CAREERS, AT NDHQ, IN OTTAWA ON, REPLACING BRIGADIER-GENERAL J.B.C. DOYON BRIGADIER-GENERAL R.G. MAZZOLIN WILL RETIRE FROM SERVICE, RESULTING IN THE FOLLOWING PROMOTION AND APPOINTMENT: (1) COLONEL P.J. PEYTON WILL BE PROMOTED ACTING WHILE SO EMPLOYED TO THE RANK OF BRIGADIER-GENERAL AND APPOINTED AS VICE DIRECTOR J7 – EXERCISES AND TRAINING, UNITED STATES CYBER COMMAND, IN WASHINGTON DC (USA), REPLACING BRIGADIER-GENERAL R.G. MAZZOLIN BRIGADIER-GENERAL K.W. HORLOCK WILL RETIRE FROM SERVICE, RESULTING IN THE FOLLOWING PROMOTIONS AND APPOINTMENTS: (1) BRIGADIER-GENERAL ACTING WHILE SO EMPLOYED D.A. MACISAAC WILL BE PROMOTED SUBSTANTIVE TO THE RANK OF BRIGADIER-GENERAL AND APPOINTED CHIEF OF STAFF SUPPORT AT CANADIAN JOINT OPERATIONS COMMAND, AT NDHQ, IN OTTAWA ON, REPLACING BRIGADIER-GENERAL K.W. HORLOCK (2) COLONEL A.R. JAYNE WAS PROMOTED ACTING WHILE SO EMPLOYED TO THE RANK OF BRIGADIER-GENERAL AND DEPLOYED ON OPERATION IMPACT, REPLACING BRIGADIER-GENERAL D.A. MACISAAC. UPON RETURN FROM OPERATIONS, BRIGADIER-GENERAL A.R. JAYNE WILL BE APPOINTED AS DIRECTOR GENERAL CYBERSPACE, AT NDHQ, IN OTTAWA ON, REPLACING COMMODORE R. FELTHAM BRIGADIER-GENERAL M.A. NIXON WILL RETIRE FROM SERVICE, RESULTING IN THE FOLLOWING PROMOTION AND APPOINTMENT: (1) COLONEL J.B.P. CARPENTIER WILL BE PROMOTED ACTING WHILE SO EMPLOYED TO THE RANK OF BRIGADIER-GENERAL AND APPOINTED AS COMMANDER JOINT TASK FORCE NORTH, YELLOWKNIFE, REPLACING BRIGADIER-GENERAL M.A. NIXON BRIGADIER-GENERAL R.W. ERMEL WILL RETIRE FROM SERVICE, RESULTING IN THE FOLLOWING PROMOTION AND APPOINTMENT: (1) COLONEL D.D. BASINGER WILL BE PROMOTED ACTING WHILE SO EMPLOYED TO THE RANK OF BRIGADIER-GENERAL AND WILL BE APPOINTED AS DIRECTOR GENERAL CAPABILITY AND STRUCTURE INTEGRATION, AT NDHQ, IN OTTAWA ON, REPLACING BRIGADIER-GENERAL R.W. ERMEL THE FOLLOWING PROMOTIONS AND APPOINTMENTS RESULT FROM NEW AND CONTINUING SERVICE REQUIREMENTS: LIEUTENANT-GENERAL S.J. BOWES WILL BE SECONDED TO A NEW POSITION WITH VETERANS AFFAIRS CANADA, IN CHARLOTTETOWN PEI, RESULTING IN THE FOLLOWING PROMOTIONS AND APPOINTMENTS: (1) MAJOR-GENERAL M.N. ROULEAU WILL BE PROMOTED TO THE RANK OF LIEUTENANT-GENERAL AND APPOINTED AS COMMANDER CANADIAN JOINT OPERATIONS COMMAND, AT NDHQ, IN OTTAWA ON, REPLACING LIEUTENANT- GENERAL S.J. BOWES (2) BRIGADIER-GENERAL P.S. DAWE WILL BE PROMOTED TO THE RANK OF MAJOR-GENERAL AND APPOINTED AS COMMANDER CANADIAN SPECIAL OPERATIONS FORCES COMMAND, AT NDHQ, IN OTTAWA ON, REPLACING MAJOR-GENERAL M.N. ROULEAU (3) COLONEL J.M.S. (STEVE) BOIVIN WILL BE PROMOTED TO THE RANK OF BRIGADIER-GENERAL AND APPOINTED AS DEPUTY COMMANDER, CANADIAN SPECIAL OPERATIONS FORCES COMMAND, REPLACING BRIGADIER-GENERAL P.S. DAWE COMMODORE C.P. DONOVAN WILL BE PROMOTED TO THE RANK OF REAR- ADMIRAL AND BE APPOINTED INTO A NEW POSITION AS DIRECTOR GENERAL CANADIAN SURFACE COMBATANT, AT NDHQ, IN OTTAWA ON (1) COMMODORE ACTING WHILE SO EMPLOYED R. FELTHAM WILL BE PROMOTED SUBSTANTIVE TO THE RANK OF COMMODORE AND APPOINTED DIRECTOR GENERAL NAVAL FORCE DEVELOPMENT, AT NDHQ, IN OTTAWA ON, REPLACING COMMODORE P. DONOVAN C. COMMODORE H.C. EDMUNDSON WILL BE PROMOTED TO REAR-ADMIRAL AND WILL BE APPOINTED DEPUTY COMMANDER MILITARY PERSONNEL COMMAND, AT NDHQ, IN OTTAWA ON, REPLACING MAJOR-GENERAL W.D. EYRE (1) COMMODORE J.A.S. PAGE WILL BE APPOINTED CHIEF OF STAFF OPERATIONS TO THE COMMANDER OF MILITARY PERSONNEL COMMAND, AT NDHQ, IN OTTAWA ON, REPLACING COMMODORE H.C. EDMUNDSON (2) CAPTAIN (NAVY) C.S. EARL WILL BE PROMOTED ACTING WHILE SO EMPLOYED TO THE RANK OF COMMODORE AND WILL BE APPOINTED DIRECTOR GENERAL MARITIME EQUIPMENT PROGRAM MANAGEMENT, AT NDHQ, IN OTTAWA ON, REPLACING COMMODORE J.A.S. PAGE BRIGADIER-GENERAL B.W.G. MCPHERSON WILL BE APPOINTED AS COMMANDANT CANADIAN FORCES COLLEGE, IN TORONTO ON, REPLACING BRIGADIER-GENERAL K.R. COTTEN (1) COLONEL T.P. DUNNE WILL BE PROMOTED TO THE RANK OF BRIGADIER- GENERAL AND WILL BE APPOINTED AS CAF LIAISON OFFICER TO THE PENTAGON, IN WASHINGTON DC (USA), REPLACING BRIGADIER-GENERAL B.W.G. MCPHERSON BRIGADIER-GENERAL D.B. COCHRANE WILL BE APPOINTED COMMANDER NATIONAL CADET AND JUNIOR CANADIAN RANGERS SUPPORT GROUP, AT NDHQ, IN OTTAWA ON, RESULTING IN THE FOLLOWING PROMOTIONS AND APPOINTMENTS: (1) BRIGADIER-GENERAL M. LEBLANC WILL BE APPOINTED COMMANDER 2 CANADIAN AIR DIVISION, IN WINNIPEG MB, REPLACING BRIGADIER-GENERAL D.B. COCHRANE (2) BRIGADIER-GENERAL J.R.P. LAROCHE WILL BE APPOINTED AS DEPUTY J3 OPERATIONS WITH UNITED STATES PACIFIC COMMAND (HAWAII), IN PEARL HARBOUR HI (USA), REPLACING BRIGADIER-GENERAL M. LEBLANC (3) BRIGADIER-GENERAL S.N. CLANCY WILL BE APPOINTED AS DEPUTY COMMANDER ALASKAN NORAD REGION, IN ANCHORAGE AK (USA), REPLACING BRIGADIER-GENERAL J.R.P. LAROCHE (4) BRIGADIER-GENERAL E.J. KENNY WILL BE APPOINTED AS DIRECTOR GENERAL AIR READINESS, AT NHDQ, IN OTTAWA ON, REPLACING BRIGADIER- GENERAL S.N. CLANCY (5) COLONEL I.S. HUDDLESTON WILL BE PROMOTED TO BRIGADIER-GENERAL AND WILL BE APPOINTED AS DEPUTY COMMANDER FORCE GENERATION, AT 1 CANADIAN AIR DIVISION HQ, IN WINNIPEG MB, REPLACING BRIGADIER-GENERAL E.J. KENNY FOLLOWING HIS RETURN FROM OP IMPACT (CHIEF OF STAFF), BRIGADIER- GENERAL ACTING WHILE SO EMPLOYED D.C. AITCHISON WILL BE PROMOTED SUBSTANTIVE TO THE RANK OF BRIGADIER-GENERAL AND APPOINTED DEPUTY COMMANDER US ARMY ALASKA, IN A POSITION THAT HAS BEEN UP-RANKED TO BRIGADIER-GENERAL, REPLACING COLONEL R. PELLETIER BRIGADIER-GENERAL ACTING WHILE SO EMPLOYED L.P. MCGARRY WILL BE PROMOTED SUBSTANTIVE TO THE RANK OF BRIGADIER-GENERAL AND DEPLOY ON OP IMPACT (CHIEF OF STAFF), REPLACING BRIGADIER-GENERAL D.C. AITCHISON COMMODORE M.J.M. HALLE WILL BE APPOINTED TO A NATO ROTATIONAL POSITION AS MARITIME COMPONENT COMMANDER DEPUTY CHIEF OF STAFF OPERATIONS, IN NORTHWOOD (UNITED KINGDOM) COLONEL M.R. BARKER WILL BE PROMOTED TO THE RANK OF BRIGADIER- GENERAL AND APPOINTED DIRECTOR GENERAL AEROSPACE EQUIPMENT PROJECT MANAGEMENT, AT NDHQ, IN OTTAWA ON COLONEL C.R. KEIVER WILL BE PROMOTED ACTING WHILE SO EMPLOYED TO THE RANK OF BRIGADIER-GENERAL AND APPOINTED AS DIRECTOR GENERAL AIR STAFF, AT NDHQ, OTTAWA ON CAPTAIN (NAVY) D.M. GARNIER WILL BE PROMOTED ACTING WHILE SO EMPLOYED TO THE RANK OF COMMODORE AND DEPLOY AS TASK FORCE COMMANDER CTF-150 OP ARTEMIS, IN BAHRAIN BRIGADIER-GENERAL ACTING WHILE SO EMPLOYED A.T. BENSON WILL BE PROMOTED SUBSTANTIVE TO THE RANK OF BRIGADIER-GENERAL AND WILL CONTINUE TO SERVE IN HIS CURRENT APPOINTMENT AS DIRECTOR GENERAL LAND EQUIPMENT PROGRAM MANAGEMENT, AT NDHQ, IN OTTAWA ON BRIGADIER-GENERAL ACTING WHILE SO EMPLOYED S.M. MORITSUGU WILL BE PROMOTED SUBSTANTIVE TO THE RANK OF BRIGADIER-GENERAL AND WILL CONTINUE TO SERVE IN HIS CURRENT APPOINTMENT AS DIRECTOR GENERAL MILITARY SIGNALS INTELLIGENCE, AT NDHQ, IN OTTAWA ON BRIGADIER-GENERAL ACTING WHILE SO EMPLOYED V.C. TATTERSALL WILL BE PROMOTED SUBSTANTIVE TO THE RANK OF BRIGADIER-GENERAL AND WILL CONTINUE TO SERVE IN HER CURRENT APPOINTMENT AS DEPUTY COMMANDER CANADIAN DEFENCE ACADEMY, IN KINGSTON ON COMMODORE ACTING WHILE SO EMPLOYED M.T.J. KURTZ WILL BE PROMOTED SUBSTANTIVE TO THE RANK OF COMMODORE AND WILL CONTINUE TO SERVE AS DIRECTOR GENERAL DEFENCE SECURITY, AT NDHQ, IN OTTAWA ON, REPLACING BRIGADIER-GENERAL J.P.L. MELOCHE BRIGADIER-GENERAL M.C.D. SAVARD WILL TRANSITION FROM PROJECT LEADER MILITARY PERSONNEL MANAGEMENT CAPABILITY TRANSFORMATION TO DEPUTY DIRECTOR GENERAL MILITARY PERSONNEL POLICY DIVISION, AT NDHQ, IN OTTAWA ON AFTER DISTINGUISHED SERVICE TO CANADA AND THE CAF, THE FOLLOWING GENERAL OFFICERS AND FLAG OFFICERS RETIRED IN THE LATTER STAGE OF 2017 OR WILL RETIRE IN 2018: LIEUTENANT-GENERAL J.A.J. PARENT LIEUTENANT-GENERAL J.M.M. HAINSE LIEUTENANT-GENERAL M.J. HOOD LIEUTENANT-GENERAL J.P.J. ST-AMAND REAR-ADMIRAL W.S. TRUELOVE REAR-ADMIRAL J.P.G. COUTURIER REAR-ADMIRAL J.J. BENNETT MAJOR-GENERAL D.L.R. WHEELER MAJOR-GENERAL D.J. MILNER MAJOR-GENERAL J.G. MILNE MAJOR-GENERAL G.D. LOOS REAR-ADMIRAL J.R. NEWTON COMMODORE M.D. WOOD BRIGADIER-GENERAL M.A. FRANK BRIGADIER-GENERAL W. LIEDTKE BRIGADIER-GENERAL J.B.C. DOYON BRIGADIER-GENERAL R.G. MAZZOLIN BRIGADIER-GENERAL K.W. HORLOCK BRIGADIER-GENERAL M.A. NIXON BRIGADIER-GENERAL R.W. ERMEL http://ottawacitizen.com/news/national/defence-watch/military-promotions-and-retirements-rcaf-commander-lt-gen-hood-leaving
28 janvier 2019 | Local, Aérospatial

U.S., Canadian fighter planes scramble to escort Russian jets near North American coastline
THE ASSOCIATED PRESS The North American Aerospace Defence Command says two F-22 and two CF-18 fighter jets identified two Russian Tu-160 Blackjack strategic bombers PETERSON AIR FORCE BASE, Colo. — Military authorities say U.S. Air Force and Canadian fighter jets were scrambled to escort two Russian bombers that were travelling near the North American coastline. The North American Aerospace Defence Command says two F-22 and two CF-18 fighter jets identified two Russian Tu-160 Blackjack strategic bombers. The Russian planes were said to be entering an area patrolled by the Royal Canadian Air Force on Saturday morning. There were no reports of conflict between the Russian and the U.S. and Canadian jets. NORAD says it uses radar, satellites and fighter aircraft to patrol the skies and monitor aircraft entering U.S. or Canadian airspace. General Terrence J. O'Shaughnessy, the NORAD commander, said in a statement that “NORAD's top priority is defending Canada and the United States. “Our ability to protect our nations starts with successfully detecting, tracking, and positively identifying aircraft of interest approaching U.S. and Canadian airspace,” O'Shaughnessy said. https://montrealgazette.com/news/us-canadian-fighter-planes-scramble-to-escort-russian-jets
22 décembre 2020 | Local, Aérospatial

Ottawa eyeing second-hand market to replace VIP and cargo fleet
Government considering a deal with commercial airlines seeking financial assistance, sources say Daniel Leblanc · CBC News · Posted: Dec 22, 2020 4:00 AM ET | Last Updated: 9 hours ago The federal government is exploring the possibility of replacing its aging fleet of transportation planes as part of a planned bailout of the country's battered airline industry, federal sources said. While plans to replace the Canadian Armed Forces' five CC-150 Polaris aircraft have been in the works for years, government officials said they have started to look at whether any deal can be found among commercial airlines that are currently looking for financial relief from Ottawa. The airline industry has been one of the hardest hit by the COVID-19 pandemic and is facing a liquidity crisis, having been forced to cut back on a number of regular routes amid a sharp decline in demand. Sources, whom CBC News agreed not to identify in order to discuss confidential elements of the procurement process and talks with the airline industry, said Air Canada is seen as a potential supplier for the fleet, which is used to transport cargo, troops and dignitaries such as the prime minister. Still, the sources said discussions are preliminary. Last week, all potential suppliers were invited to signify their interest in the contract as part of an "invitation to qualify" published on a federal website. "It is not a new project," a defence official said. "The reason why [the Canadian Armed Forces] are looking at this now is really because of the fact there have been significant changes in the global aircraft market this year. They are looking at options to see what suppliers might have available, because order books are looking different than they were a year ago." Another official confirmed the government sees a possible window to inject liquidity into the airline industry at the same time as it seeks to replace its fleet of gas guzzling transport aircraft. "When the government decided a few weeks ago to help the airline sector, there was a situation where it became possible to address two issues at once, namely helping the airline industry at the same time as replacing an aging and polluting fleet," the official said. Proceed with caution Still, aviation expert John Gradek cautioned that a company like Air Canada would much prefer to hold on to its most recent aircraft and sell the older ones to the government. "Would you want to trade old for old?" he asked. Gradek added there are thousands of aircraft parked around the world, and manufacturers, facing a decreased demand, might be willing to offer a deal to the Canadian government. He pointed to Air Transat as a potential Canadian-based supplier facing financial difficulties and surplus capacity. "The airline market is soft; it's a buyer's market," he said. Air Canada declined to comment on the matter. New aircraft needed The five Polaris aircraft were built by Airbus and sold to Wardair in the late 1980s, before being resold to the Canadian Armed Forces in the early 1990s. They are used to transport cargo and troops on military and humanitarian missions, as well as VIPs, including the prime minister, the governor general and foreign dignitaries. Two of them are equipped for air-to-air refuelling and can each help four CF-18s to cross the Atlantic. One of the two Polaris CC-150s that can be used for VIP transport suffered serious damage last year when a motor struck a tow tractor in a hangar and its nose crashed into a wall. The repairs to the aircraft are ongoing. The aircraft designed for VIP use are far from luxurious and fall well below the standard of most aircraft used to transport G7 leaders, both in terms of comfort and communications equipment. THE BIG SPEND As passengers pushed for refunds, Air Canada got more than $400 million for wage subsidy The invitation for suppliers to qualify to provide strategic tanker transport aircraft was published on Dec. 17. The Canadian Armed Forces are once again looking to acquire five aircraft for this new fleet, which will be expected to offer air-to-air refuelling capabilities for the new fleet of fighter jets. Gradek said that once the Polaris CC-150 are replaced, they will likely be headed for the scrapyard. "There is no market for these airplanes," he said. https://www.cbc.ca/news/politics/ottawa-second-hand-market-planes-1.5850140

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