South Korean shipbuilder withdraws from Hamilton partnership after losing bid for navy submarine contract | Page 894 | Unpublished
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Publication Date: July 7, 2026 - 13:23

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South Korean shipbuilder withdraws from Hamilton partnership after losing bid for navy submarine contract

July 7, 2026

South Korean shipbuilder Hanwha Ocean says it's withdrawing from a partnership with Mohawk College in Hamilton and Ontario Shipyards after losing out on a massive Canadian navy submarine contract.



Unpublished Newswire

 
Common wisdom says that money can’t buy happiness. But if it could, researchers say, it would cost $155,850, making Canada the 14th most expensive nation in the world to purchase joy. The slightly tongue-in-cheek study was produced by digital financial services provider Remitly, but based on an actual scientific paper published in 2018 by Purdue University, “adjusted to account for local purchasing power and inflation.” “To determine each city and country’s price of happiness, Remitly reverse-engineered figures obtained from Purdue University’s study into the relationship between...
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