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The F-35 is now unaffordable thanks to the low Canadian dollar

from National Post

The Royal Canadian Air Force's hoped-for-purchase of F-35 fighter jets has hit another obstacle, in the form of a Canadian dollar that has dropped 25 per cent against its U.S. counterpart since 2013. Another, less expensive, non-developmental plane will now need to be chosen to replace the three decade-old CF-18s. The cost of the F-35 first became an issue in 2010 when the Harper government announced it would acquire 65 of the planes for $9 billion, with a total project cost of $16 billion. The Canadian dollar was then at $0.96. more


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