Algoma Steel deal collapses with Canada's German submarine choice
Canada picks German firm TKMS for new submarine fleet, citing NATO ties and Arctic capability, with deliveries planned by 2034. Prime Minister Carney says the purchase is already factored into the government's fiscal outlook. Graham Richardson has the details as Sault Ste. Marie loses out on steel deal tied to the competing South Korean bid. Subscribe to CTV News to watch more videos: / ctvnews Connect with CTV News: For live updates and latest headlines visit: http://www.ctvnews.ca/ For breaking news, fast, download the CTV News App: https://www.ctvnews.ca/app Must-watch stories and full programs at http://www.ctvnews.ca/video CTV News on TikTok: https://www.tiktok.com/discover/CTV-News CTV News on X (formerly Twitter): / ctvnews CTV News on Reddit: / ctvnews CTV News on LinkedIn: / ctv-news --- CTV News is Canada's most-watched news organization both locally and nationally, and has a network of national, international, and local news operations. #ctvnews #canadiannews #ctvnewsnorthernontario #northernontario #newsforthenorth #northeasternOntario #NorthwesternOntario #Ontario #localnews #SaultSteMarie #Timmins #Sudbury #NorthBay

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