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Business Leader Says He Hopes Greater Victoria Gets Fair Share of Submarine Money

  • A business leader in Greater Victoria hopes the region will receive a fair share of funds from Canada's largest defence procurement involving submarines.
  • Prime Minister Mark Carney announced that German company TKMS was selected as the preferred supplier for up to 12 submarines.
  • John Wilson, CEO of the Greater Victoria Chamber of Commerce, said the decision means more high-paying jobs for the region, home to Canada's Pacific fleet.
  • Stephen Fuhr, secretary of state for defence procurement, stated the project will create thousands of jobs locally, but exact numbers depend on final submarine purchases.
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30 Articles

The Toronto StarThe Toronto Star
+26 Reposted by 26 other sources
Lean Left

Business leader says he hopes Greater Victoria gets fair share of submarine money

VICTORIA - The federal government's submarine contract with a German company offers a "tremendous amount of opportunity" to propel British Columbia's shipping industry, political and business leaders say.

·Toronto, Canada
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Lean Right

Before the Nato summit, Trump stoked against the European allies. Chancellor Merz held against it. At the same time, he insisted that the meeting in Turkey be reasonably harmonious.

·Düsseldorf, Germany
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The €62 billion submarine deal with Canada is not yet finalized. The German government is hoping for a breakthrough in favor of TKMS at tomorrow's NATO summit.

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Bias Distribution

  • 52% of the sources lean Left
52% Left

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Handelsblatt broke the news in Düsseldorf, Germany on Monday, July 6, 2026.
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