South Korea Offered Canada $100 Billion For Submarines. What Ottawa Demanded Instead Is Insane ……
On the map, North America looks the same. But in reality, something huge just shifted. Canada has entered exclusive negotiations with South Korea’s Hanwha Ocean for a submarine deal worth up to 60 billion Canadian dollars — potentially over 100 billion across its lifetime. And this isn’t just a purchase.
For decades, Canada relied heavily on the United States for defense equipment. But instead of buying American submarines, Ottawa went to Seoul — and demanded full technology transfer. That means Canada won’t just buy subs; it will learn to build them, modify them, and maintain them independently.
In return, Canada is reportedly offering South Korea long-term access to critical Arctic minerals and energy resources. It’s a strategic swap: resources for defense sovereignty.
Why does this matter? Because it signals a shift. Canada appears to be diversifying away from total dependence on the U.S., especially amid rising political tensions and trade threats.
This isn’t just a defense contract. It’s a geopolitical pivot — one that could reshape alliances in North America and beyond.