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Joly Begins Five-Day Asia Trip to Meet Hanwha and Court Defence Investment

The outreach seeks major commitments ahead of a new defence industrial strategy tied to Canada’s submarine replacement.

Overview

  • Industry Minister Mélanie Joly is visiting Seoul and Busan before a stop in Tokyo from November 23 to 28.
  • Her schedule includes talks with Hanwha, identified as one of two bidders to supply up to 12 submarines to replace the Victoria-class fleet.
  • Ottawa is targeting large investments to strengthen defence-related industries and accelerate growth in non‑U.S. exports.
  • Discussions with government and industry focus on shipbuilding, automotive and batteries, aerospace, biomanufacturing, and mining.
  • The trip follows Prime Minister Mark Carney’s visit last month to a Hanwha submarine manufacturing facility in South Korea.