The federal government has picked German firm TKMS to supply 12 new submarines to replace Canada’s aging fleet, Prime Minister Mark Carney said on Monday.
Carney made the announcement while touring a Canadian Armed Forces base in Halifax on Monday afternoon, shortly before leaving for the NATO summit in Ankara, Turkey.
Canada has been in the process over recent years of assessing offers for its plan to purchase 12 new submarines for the Royal Canadian Navy. The frontrunners for Canada’s new submarine contract were TKMS and South Korean firm Hanwha Oceans.
“We will now enter into negotiations to procure up to 12 submarines, and that process is commercially sensitive. And as always, we will not negotiate in public so as to maintain the strongest possible position for Canada,” Carney said.
The federal government will not reveal the final contract price until negotiations are complete, Carney said, adding however that a condition of the deal is that “the value of our investment must be matched with investment here in Canada.”
He said, however, that Canada has already provisioned for the costs of purchasing these submarines in its fiscal framework.
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“It’s already in the budget, and I can confirm that this procurement will be the largest in Canadian history,” Carney said.
South Korea’s Hanwha Oceans has been designated as the reserve supplier and will be allocated as the preferred supplier if negotiations with TKMS fail, Carney said.
“This was a difficult, close decision between two highly qualified suppliers,” he said.
The German supplier has offered to reallocate boats from the German and Norwegian orders, who are currently ahead of Canada in the line, Carney said, which means it will allow for early delivery of submarines by 2034.
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TKMS is a market leader in Europe and is responsible for supplying most of NATO’s conventional submarines. The TKMS 212CD sub is the firm’s latest model, designed to be less detectable by sonar, and has yet to start rolling off assembly lines.
The TKMS campaign for the submarine contract has focused on the fact that Germany and Norway, NATO alliance countries, are buying the same model. Interoperability — doing things like training and repairs together — is a stated goal of the alliance.
Canada’s fleet of four Victoria class submarines is expected to be out of commission by 2035. Only one is currently functional and the government will likely find itself forced to cannibalize some of those remaining subs for spare parts.
–with files from Canadian Press
212 CD well I think that’s my bra size LOL
Carney screws everything up. He is worse than Trudeau.
We bought Das Boot?
Carney is lining his pocket. Total corruption.
Ben. The subs will be built in Germany. Yet another strike out.
An excellent decision which will bring economic benefits to our country. Indisputably the best choice!
I understand that Carney has interest in the steel company to build these subs…ANOTHER CONFLICT OF INTEREST…..when will we stop him.
Who can build better subs than the Germans WW1, WW2 lots of experience.
No surprise, when he is going to a NATO meeting It would be his obvious choice. Besides, we already have defense contracts with Germany.
When the subs are actually ordered and they can’t be cancelled then I will believe Elbows Up Carney.
Carney is a total cheeseball.
Show me we’re in the budget that its for submarines at not generally military budget that will be up held and virtual signaled ad nosium. You can’t use the same bank roll for all you promises nit wit.
After World War 2, Canada had the fourth largest navy in the world. Today we are too stupid to build anything and have to rely on other countries to even make beer cans for us.
@try this:
You are showing naval ignorance.
Everyone knows that if a war came, all service ships would be gone in 24 hours.
We are doing business with a company that will delay promised delivery times so it can make a sale. Speaks volumes against it’s ethics. Wonder about quality…
I really do not care if Carney put it in his budget. Why are we wasting money on submarines, when we need something that can patrol the arctic? these diesel/battery powered WWII tech machines do not work in the arctic.
If we only have 1 functioning submarine, and nobody notices or cares, it shows just how much we need submarines. –
What else is new, carney going on another trip on the tax payers dime. All the while people can’t eat or keep a roof over their head. Wonder how much the bill will be for in flight food?
In 2-3 years, Carney will cancel the order
So much for being self reliant and building and growing everything Canada needs and not be buying from other countries for our needs. Again all big talk from Carney and this Liberal government.
Yep. Depending on others more competent than our leaders have ever been is par for the course.
Why can we not design and build the things we need if we want to become less reliant on foreign nations?
Oh right, our policies stifle innovation and healthy competition required to promote profitable businesses that can strive for the best and compete internationally because we prefer to act morally superior.
Silly, me.
Carry on then.
surely we can just buy some cheap, used submarines off some Brit down the pub like we did last time. Think of the money we’d save. And submarines do not need staff or training if they are permanently in drydock.
I’m ok with the purchase. But it would have been better to build then in North Vancouver ship yards.
Because building these with Canadian made products would add 10 fold to the cost of each sub.
It’s good to diversify arms purchases away from the US. They can’t be trusted and may put a kill switch in anything we buy from them, eg. F35’s.
Should Carney buy a Hyundai or a Mercedes submarine. Our recent experience with a British Leyland sub should give us pause for thought. Methinks the Germans somehow have better u-boat experience.
F*ck whiny little liberal b*t*hes that show us every day how unintelligent and emotionally insolvent they are!
Also liberals – we need to be less dependent on the US by being dependent on other countries instead.
Arf arf.
As for the submarine decision, Germany has a history of top quality subs, along with tanks and other armoured vehicles. Canada has had a long time commitment with Germany when it comes to top quality defense equipment.
Ben
July 6, 2026 at 1:40 pm
I’m a paid liberal troll you should believe everything I say, i do
Nothing but an ignorant fascist d*ck.
I’m a paid liberal troll you should believe everything I say, i do
The reason for the delay in the F35 decision is because of ongoing trade negotiations with the USA. I’m all for delay and using the decision to purchase in trade negotiations. What’s the rush? Why should we give away a bargaining chip?
What about the F-35s? Carney put the decision on hold over a year ago. Still nothing. Just more delay.