South Korea Submarines Deal Could Transform Canada's Economy | News

In today’s politics news update, let’s talk about the Canadian government’s strategic move to purchase submarines from South Korea and how this could positively impact the struggling auto industry. Bill highlights the recent Memorandum of Understanding (MOU) signed between Canada and South Korea. Prime Minister Mark Carney’s strategic decision is a step further as Canada diversifies its trade partnerships beyond the United States, particularly in light of the challenges posed by Trump’s tariffs.Tune into Episode 368 of The Bill Kelly Podcast for daily politics news updates.This Canada politics news update was recorded on February 5, 2026.Don’t forget to like, share, comment and subscribe to support Bill’s work. THANK YOU!Become a channel member to hear Bill’s stories from 50+ years as a broadcast journalist in his exclusive series, THE WAY I SEE IT: https://www.youtube.com/channel/UCeUbzckOLocFzNeY1D72iCA/joinListen everywhere: https://kite.link/the-bill-kelly-podcastYouTube: https://www.youtube.com/@TheBillKellyPodcast/featuredBlueSky: https://bsky.app/profile/billkellypodcast.bsky.socialSubStack: https://billkelly.substack.com/WATCH THIS EPISODE and subscribe to our channel: https://youtu.be/K4H60fzlWpcFURTHER READINGSouth Korean submarine maker signs MOU with Algoma Steelhttps://www.ctvnews.ca/canada/article/south-korean-submarine-maker-signs-mou-with-algoma-steel/Germany’s TKMS seeks investment package to woo Canada over US$12 billion submarine tenderhttps://www.ctvnews.ca/business/article/germanys-tkms-seeks-investment-package-to-woo-canada-over-us12-billion-submarine-tender/ This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit billkelly.substack.com/subscribe