logo
Canada's looking to buy new subs and new friends: are they in Europe or Asia?

Canada's looking to buy new subs and new friends: are they in Europe or Asia?

National Post2 days ago

A French nuclear submarine docking in Halifax in March.
Article content
Slick websites, sponsored press junkets to far-flung shipyards and Canadian media outlets given 'exclusive access' to executives.
Article content
Article content
The competition to build Canada's new submarines is heating up.
Article content
The question for Prime Minister Mark Carney isn't just who gets to build them, it's also about whether in the changing global order we invest in Asian or European alliances?
Article content
Article content
Carney is heading to the 2025 North Atlantic Treaty Organization summit, June 23-24 in the Hague.
Article content
Article content
'If he doesn't go into that meeting without making some significant announcements on defence spending, I think there will be some significant coal raking (of Canada by NATO allies),' said Dave Perry, CEO of the Canadian Global Affairs Institute, on Tuesday.
Article content
With an estimated cost of $60-$100 billion, the subs have the potential to be more expensive than either the River-class destroyers being built at Halifax's Irving Shipyard or the F-35 fighters, making them Canada's largest ever defence procurement.
'As of right now, not a single dollar's been budgeted,' said Perry.
Article content
'If I were (the Prime Minister), I'd be making a budgeting announcement before the NATO meeting.'
Article content
Article content
Article content
That announcement wouldn't be expected to include whose subs we're buying, just a commitment of dollars down the road to eventually buy them after a process that may see an open competition.
A lack of domestic experience building subs, along with the government's stated goal of having the first of them enter service before the Victoria class' anticipated 2035 retirement date, means we won't likely be building them here.
Article content
Five companies backed by their respective governments (South Korea, Germany/Norway, France, Sweden and Spain) replied to a request for information issued by the government last fall.
Article content
'Canadian military procurement has been unbelievably crazy for the last 20-30 years,' said Andrew Latham, a Washington D.C.-based Canadian defence analyst. 'It doesn't matter whether its ships or tanks, we just don't do this well.'

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Married couple behind new Dawson City pizza place living their dream with shared business
Married couple behind new Dawson City pizza place living their dream with shared business

CBC

time19 minutes ago

  • CBC

Married couple behind new Dawson City pizza place living their dream with shared business

There's no shortage of eateries in Dawson City, Yukon and now Kurt's Pizza is the newest restaurant where a husband and wife duo say they're living their dream as newlyweds, opening a new business in Dawson City. Kurt MacPherson and Lindsay Kirk moved to Dawson from Saskatchewan in February for a new start somewhere they can spend more time together. "It was our intention to have a business that we can both work together, not be going in separate directions in order to have a life together. It's been perfect for us," Kirk said. Kurt's Pizza is a small mobile trailer located on Second Avenue beside the CIBC bank. The inside is just big enough for the pair to move around in. It's equipped with a fridge, a counter with cutting boards and a stone oven built by MacPherson the average day MacPherson takes orders, and works the oven, while Kirk tops the pizzas. Dawson City already has two pizza restaurants but MacPherson said the friendly competition just makes him work harder. "I think it's good for business if it keeps everybody on their toes," he said. "You don't get lazy kind of thing, you know?" He said it's all in good fun, and isn't trying to step on anyone's toes but simply adding his pizza to the mix of the town's options. MacPherson said they've only been living in Dawson a few months but he knows it's going to be their home for at least a while. He said he's already dreaming of plans to expand his establishment into a full eat-in restaurant to serve the community all year long.

Canada focusing on peace, energy security and new partnerships at G7 meeting: Carney
Canada focusing on peace, energy security and new partnerships at G7 meeting: Carney

CTV News

time21 minutes ago

  • CTV News

Canada focusing on peace, energy security and new partnerships at G7 meeting: Carney

Prime Minister Mark Carney holds a press conference on Parliament Hill in Ottawa on Friday, June 6, 2025. THE CANADIAN PRESS/Sean Kilpatrick OTTAWA — Prime Minister Mark Carney says the G7 leaders' summit later this month in Alberta will see Canada seeking agreements in three key areas. Carney released a statement today saying Canada's top priority will be strengthening global peace and security, which includes countering foreign interference and transnational crime, as well as improving responses to wildfires. To spur economic growth, the prime minster says he will focus on improving energy security by fortifying supply chains for critical minerals and accelerating the use of artificial intelligence. As well, Carney says Canada will try to generate jobs by securing partnerships that will open new markets and generate big investments in infrastructure. Meanwhile, Carney says other discussions will explore securing a lasting peace in Ukraine, and reaching out to partners beyond the G7 to 'build coalitions with reliable partners.' The meeting, to be held in Kananaskis, Alta., from June 15 to 17, is expected to bring together leaders from the United States, the United Kingdom, France, Germany, Japan and Italy. 'Canada has what the world wants and the values to which others aspire,' Carney said in the statement. 'The G7 leaders' summit in Kananaskis is a moment for Canada to work with reliable partners to meet challenges with unity, purpose, and force. Canada is ready to lead.' This report by The Canadian Press was first published June 7, 2025. The Canadian Press

GOLDSTEIN: Carney can't fix Canada's underperforming economy on his own
GOLDSTEIN: Carney can't fix Canada's underperforming economy on his own

Toronto Sun

timean hour ago

  • Toronto Sun

GOLDSTEIN: Carney can't fix Canada's underperforming economy on his own

Get the latest from Lorrie Goldstein straight to your inbox Prime Minister Mark Carney delivers a press conference at Rideau Hall after his cabinet's swearing-in ceremony on May 13, 2025 in Ottawa. Photo by Andrej Ivanov / Getty Images Prime Minister Mark Carney's pledge to make the Canadian economy the strongest in the G7 is the equivalent of attempting to turn around the Titanic before it hits the iceberg. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account An indication of the enormity of this task is to look at the performance of the G7 countries in real Gross Domestic Product (GDP) per capita, which measures economic output per person, adjusted for inflation, and is a widely accepted metric of a nation's prosperity and standard of living. Low economic growth as measured by real GDP per capita has been a longstanding problem in Canada. Under Carney's predecessor, Justin Trudeau (who appointed Carney to chair his economic growth task force in September 2024), Canada recorded the worst record of economic growth since the government of R.B. Bennett in the depths of the Great Depression. According to Jake Fuss, director of fiscal studies for the Fraser Institute writing in The Hub last year, Canada's real GDP per capita grew by 1.9% in the Trudeau years. Your noon-hour look at what's happening in Toronto and beyond. By signing up you consent to receive the above newsletter from Postmedia Network Inc. Please try again This advertisement has not loaded yet, but your article continues below. That was lowest in the G7, which includes the U.K., Germany, France, Italy, Japan and, most alarmingly, the U.S., our largest trading partner, where real GDP per capita grew by 14.7% during the same period. University of Calgary economist Trevor Tombe, also writing in The Hub last year, noted real GDP per capita in the U.S. is now almost 50% higher than in Canada – unprecedented in modern history. Read More In the Liberals' 2022 budget, then-finance minister Chrystia Freehand warned that unless this trend is reversed, 'the Organization for Economic Co-operation and Development projects that Canada will have the lowest per-capita GDP growth rate among its (38) member countries' from 2020 to 2060. This advertisement has not loaded yet, but your article continues below. Carney's announcement of proposed legislation on Friday – which he wants passed before Parliament adjourns from the summer – to reduce federal barriers to interprovincial trade, increase labour mobility and streamline government approvals for nation building infrastructure projects, are all aimed at increasing economic growth. But they all depend on co-operation by and among the provinces. And the reality is that decades of inaction on these issues has cost the Canadian economy an estimated $200 billion annually, increased the cost of goods and services to Canadians by up to 14.5% and reduced GDP growth by up to 8% annually. At the meeting between Carney and Canada's premiers and territorial leaders last week in Saskatoon to address these issues in the face of the threat posed to the Canadian economy by U.S. President Donald Trump's tariffs, all the participants paid lip service to working together on these issues. This advertisement has not loaded yet, but your article continues below. A supply depot servicing the Keystone XL crude oil pipeline lies idle in Oyen, Alta., Feb. 1, 2021. Photo by Todd Korol / REUTERS / FILES But the one premier not present – B.C.'s David Eby, who was on a trade mission to Asia – promptly rejected any new pipeline crossing his province's territory, as did many Quebec politicians when it comes to their province. Any new pipelines will also be opposed by environmental organizations and some (although not all) Indigenous groups who, while they do not have veto power over such projects, must be meaningfully consulted under Canadian law. Alberta Premier Danielle Smith has cited the enormous economic damage caused by Canada's failure to build pipelines. Had the Northern Gateway, Energy East and Keystone pipelines been built (Keystone was killed by then-U.S. president Barack Obama), she said, Canada would be producing 2.5 million more barrels of oil per day. This advertisement has not loaded yet, but your article continues below. 'That's $55 billion a year worth of GDP value, which is worth $17 billion to my government alone and about an equal amount to the federal government.' RECOMMENDED VIDEO The Carney government does have more direct control of some issues it can move on to boost Canada's economic growth. For example, it can introduce taxation policies that encourage businesses to invest in new technologies that boost productivity, as well as increase competition. It can lower Canada's immigration levels so that increases in population do not exceed the rate of economic growth, which reduces GDP per capita. It can reduce government spending. On that issue, Carney says he intends to reduce the growth rate in the operational costs of the federal government under Trudeau from 9% annually to less than 2%. But Carney's election campaign platform also outlined $130 billion in new spending over four years with total deficits of $224.8 billion. While Carney says most of that will be spent on infrastructure, it's 71% higher than the $131.4 billion in deficit spending the Trudeau government predicted during the same period in its fall economic statement in December 2024. Finally, of course, Carney needs to negotiate a deal on tariffs with Trump. lgoldstein@ Olympics Sunshine Girls NHL Ontario Sunshine Girls

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store