Canada’s Submarine Deal Leaves Sault Steelworkers Behind | Vancouver News

Canada’s defense deal just took a major turn — choosing a German firm over a South Korean contender, leaving Sault Ste. Marie’s Algoma Steel and its 500 potential steelworker jobs in the dust. Hanwha Ocean’s $345 million offer, meant to revive the local steel industry and supply armored vehicles, now sits on the sidelines. While politics — especially NATO alignment — likely tipped the scales, the blow to a community already reeling from a thousand job losses is real. Algoma’s silence speaks volumes as the ripple effects of big government contracts hit home. 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/72b47e73e169836a