Global News
🏢 Corus Entertainment
May 31, 2026
· 7 min read
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Race to build Canada’s next submarine fleet enters its final stretch
Original article ↗B.I.A.S. ANALYSIS
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0.11 · CENTER
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Rolling outlet bias
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Article Excerpt
The race to build Canada’s next submarine fleet is on its final lap as the federal government evaluates two rival bids for the lucrative contract. The two qualified bidders, South Korea’s Hanwha Oceans and Germany’s TKMS, have fought tooth and nail in an unusually short competition to supply the Royal Canadian Navy with some 12 submarines — a large order expected to be worth tens of billions of dollars. The federal government’s internal analysis of the competing bids is expected to be complete by now. “Third quarter of the game and it’s still a draw, so let’s see who will win,” TKMS CEO Oliver…
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May 31, 2026