Canada Weighs C$100 Billion Submarine Bids From South Korea and Germany

1 articles · Updated · Bloomberg · Jun 24

C$100 billion is at stake as Canada weighs rival submarine pitches from South Korea and Germany for what would be one of the biggest defense contracts in its history.
Late May brought South Korea’s sales push directly to Victoria, British Columbia, where an attack submarine entered harbor as a live demonstration of its bid.
Days later in Ottawa, German Defense Minister Boris Pistorius joined his Canadian counterpart to argue that a German-built submarine would better align Canada’s navy with Europe.
The contest now pits South Korea’s tangible platform display against Germany’s broader strategic case, with Ottawa deciding how to shape its future naval fleet.