South Korea’s push to sell submarines to Canada received a boost as Prime Minister Mark Carney visited a shipyard and inspected one of the newly built boats. Accompanied by South Korea’s Prime Minister Kim Min-seok, Carney toured the Hanwha Ocean Ltd. facility in Geoje, near the location of the Asia Pacific Cooperation (APEC) summit. The companies Hanwha Ocean and Hyundai Heavy Industries have actively promoted the KSS-III (Batch 2) submarine to Canada, submitting a detailed proposal to the government before the last election.
During the visit, Carney observed a recently launched South Korean navy submarine displaying a Canadian flag, emphasizing the potential partnership. The Koreans showcased a boat under construction, signaling their readiness to deliver four submarines to Canada by 2035 when the navy plans to retire the aging Victoria-class vessels. Alongside Defence Minister David McGuinty and Vice-Admiral Angus Topshee, Carney explored the submarine’s features.
The competition for the submarine contract is primarily between South Korea and Germany. While the German bid may delay the delivery of submarines to Canada, the decision is crucial in creating Canadian job opportunities. Canada’s shipyards lack the capability to build submarines, and the government aims to select a bid that aligns with national interests.
As discussions continue, the Canadian government faces challenges in meeting defence spending targets. A recent report highlights concerns about underspending on equipment and questions whether the government can manage increased procurement demands effectively. Despite uncertainties, officials remain committed to enhancing Canada’s defence capabilities through strategic partnerships.