Canada Picks Germany for New Subs | Vancouver News

Canada’s choosing Germany’s Thyssenkrupp Marine Systems to build up to twelve new submarines, aiming to replace aging fleet members by 2034 — a move that could create over 100,000 jobs and boost GDP by billions. The deal, expected finalized by 2027, also deepens ties with NATO allies like Germany and Norway, while offering strategic advantages in Arctic sovereignty and coastal defense. Though South Korea’s Hanwha Ocean remains a backup, TKMS edges ahead with stronger European partnerships and compelling economic incentives — including investments in Manitoba and carbon capture — making it the government’s top pick for Canada’s largest-ever defense procurement. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/aae7871a3aa43b34