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Good morning. Canada has selected Germany’s TKMS to build 12 submarines for the country’s first significant underwater fleet. More on that below, along with an Alberta-Ontario pipeline proposal and the volunteer drivers of Saskatchewan.
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Programming note
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Prime Minister Mark Carney makes the sub announcement in Halifax yesterday. Darren Calabrese/The Canadian Press
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Germany wins the submarine sweepstakes
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The fleet: Prime Minister Mark Carney said the purchase of up to 12 subs will be the largest defence procurement in Canadian history. Currently the country has four second-hand subs, of which only one is typically operational.
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More about TKMS: The company has about 22 publicly disclosed agreements and memorandums of understanding, mostly with Canadian companies. The Globe mapped out its partnerships.
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What’s next: The decision means that TKMS is the preferred bidder to build the submarines, and Carney said the company has pledged to deliver the first four by 2034. But this is still an early step in a long procurement process – one that experts say could face major hurdles.
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Alberta Premier Danielle Smith and Ontario Premier Doug Ford announce a pipeline proposal. Jeff McIntosh/The Canadian Press
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Alberta and Ontario’s pipeline proposal
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The plan: Alberta and Ontario are proposing a new 3,300-kilometre pipeline route to carry crude oil across the country in a bid to reduce Canada’s reliance on foreign markets. The proposed route, called the Northern Shield Energy Corridor, would travel across four provinces and would be able to move about 500,000 barrels of oil per day, the governments say.
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The details: The price tag for such a project – and who would pay for it – remain a mystery. Ontario Premier Doug Ford said the province is examining potential costs and planning to complete a feasibility study by the end of the year. Alberta, Ontario and Saskatchewan signed a memorandum of understanding last year that committed the provinces to new energy and trade infrastructure. But it excluded Manitoba, which is part of the proposed route.
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Firefighters evacuate people from the scene of a Russian missile attack in Kyiv yesterday. Paula Bronstein/Getty Images
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A Russian missile and drone attack
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The attack: Russia unleashed scores of missiles and drones at Ukraine early Monday, killing at least 26 people. Moscow has stepped up its assaults in retaliation for Ukraine’s recent strikes, which have caused severe fuel shortages and put domestic pressure on Russian President Vladimir Putin.
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Exposed gaps: All of the ballistic missiles launched by Russia struck their targets, demonstrating a vulnerability in Ukraine’s air defences. The country remains reliant on U.S.-made Patriot interceptor missiles, and the supply has been strained by the war in Iran. Ukrainian President Volodymyr Zelensky urged U.S. and European partners to bolster Ukraine’s air defences ahead of this week’s NATO summit in Turkey.
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Rogers struck a deal to buy the remaining stake in MLSE. Gregory Shamus/Getty Images
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Rogers takes control of Toronto’s sports teams
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The latest: Rogers Communications has signed a deal to buy the final 25-per-cent stake in Maple Leaf Sports & Entertainment from Kilmer Sports for $4.35-billion. The acquisition would give Rogers complete ownership of the Toronto Maple Leafs, Toronto Raptors, Toronto FC and Toronto Argonauts. Its existing holdings include the Toronto Blue Jays, the Rogers Centre and Sportsnet.
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What’s next: The deal is expected to close in the fourth quarter of 2026 and is still subject to league approvals. Rogers may not hold onto the full stake for long: the company reiterated plans to sell a minority stake in its consolidated sports, media and entertainment assets over the course of the next year.
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AFC Toronto's Victoria Pickett and Montreal Roses FC's Tanya Boychuk during a Northern Super League game. Arlyn McAdorey/The Canadian Press
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An investment in Canadian women’s soccer
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