5 key takeaways from Canada choosing Germany's submarine bid | Page 899 | Unpublished
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Publication Date: July 6, 2026 - 19:47

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5 key takeaways from Canada choosing Germany's submarine bid

July 6, 2026

Canada is negotiating to buy up to a dozen submarines from German shipbuilder ThyssenKrupp Marine Systems in a deal that is set to add tens of billions of dollars and tens of thousands of jobs to the economy.



Unpublished Newswire

 
Amid the confusion over precisely what deal Canada struck with the U.S. to open the Gordie Howe International Bridge, U.S. Secretary of Commerce Howard Lutnick has weighed in on social media with his own calculations. “The USA struck a great deal with respect to the Gordie Howe Bridge,” he wrote in a social media post on Saturday. “Before this deal we got NOTHING. Now, the U.S. gets 50% of net revenues until 2041 and a say in setting the tolls. Our share is before interest and principal.” He added: “This is the Art of the Deal in action,” a reference to Donald Trump’s 1987 memoir and...
July 19, 2026 - 14:26 | Chris Knight | National Post