Korea Pushes Hard for Canada’s Submarine Deal

South Korea is making a bold move to win Canada’s submarine contract by forging deep ties with Canadian industries — from steel to automotive — promising a potential economic boom worth tens of thousands of jobs. Hanwha Ocean, backed by the Korean government, is partnering with Canadian firms like Algoma Steel and Martinrea to build a domestic supply chain, while also eyeing a future military vehicle plant. Competing fiercely with Germany’s TKMS, which has also inked major Canadian deals, both bidders are betting big on Canada’s industrial future — and the decision could reshape the country’s defense and manufacturing landscape for decades. Support the show:Get a discount at https://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/edfd4264695bf30f