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Carney Seals Germany Minerals Pact, Shortlists Submarine Bidders as Canada Pivots to Europe

The moves seek to diversify trade away from U.S. volatility, reinforcing European security after Russia’s invasion.

Prime Minister Mark Carney is met by a welcoming committee as he disembarks a government plane in Berlin on Aug. 25.
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26 August 2025, Berlin: German Chancellor Friedrich Merz and Canadian Prime Minister Mark Carney hold a joint press conference. Photo: Britta Pedersen/dpa (Photo by Britta Pedersen/picture alliance via Getty Images)

Overview

  • Canada and Germany signed a declaration to cooperate on midstream critical‑minerals technologies—processing, refining and recycling—targeting lithium, copper, tungsten, gallium, germanium, nickel and rare earth elements.
  • Ottawa named ThyssenKrupp Marine Systems and Hanwha Ocean as finalists to supply up to 12 conventionally powered submarines, with a decision goal by 2027 and first delivery targeted for the mid‑2030s; Carney toured TKMS’s shipyard in Kiel.
  • Carney announced federal plans to expand the Port of Churchill to enable LNG and minerals exports to Europe, with talks to begin on LNG sales to German buyers, alongside investments eyed for Montreal’s Contrecoeur project and other East Coast ports.
  • Canada formalized a strategic partnership with Poland covering trade, defence, aviation, cybersecurity and clean energy, with Canada set as lead country at a major Polish defence expo next year and a pathway into Europe’s Re‑Arm Europe procurement.
  • Canada extended its Operation Reassurance deployment in Latvia by three years; Carney did not rule out a future role for Canadian troops in Ukraine but provided no details.