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3h ago

Canada Seals Germany Minerals–Energy Deal as Submarine Shortlist Narrows

The twin steps signal a bid to shore up supply chains alongside defence capacity.

A sign welcoming visitors to Carberry, Man., is seen in this file photo. Organizers of the town’s annual Homecoming Festival say the event has been cancelled this year and rebranded as the Prairie Harvest Festival after an internal probe uncovered financial irregularities that have been turned over to the RCMP.
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A cyclist makes their way past a home with both Amarjeet Sohi and Mike Nickel mayoral election signs in the front yard in Edmonton, on Oct. 4, 2021.
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Overview

  • Ottawa and Berlin confirmed a critical minerals partnership that encourages joint public financing of resource projects and closer cooperation on liquefied natural gas and hydrogen.
  • Government officials said Germany’s ThyssenKrupp Marine Systems and South Korea’s Hanwha Ocean Co. are the two top candidates to supply Canada’s next submarine fleet, with plans to replace four aging boats with up to 12 new vessels.
  • Prime Minister Mark Carney discussed the agreement during a Europe trip that included meetings with German leaders and a scheduled visit to a TKMS facility.
  • New survey results from Manitoba’s nursing regulator show broad public and professional support for stronger workplace supports, more RN and NP training seats, and maintaining independent regulation to tackle staffing shortages.
  • Fresh indicators point to domestic strains, with Indeed reporting tech job postings down about 19% from early 2020 and Scotiabank’s risk chief flagging the 18–26 age group as under the most financial pressure as trade uncertainty persists, while regional tensions surface through Alberta Next’s pension and policing proposals and a Probe poll showing Winnipeg voter frustration over crime and infrastructure.