Canada just awarded its largest military contract in history to Germany

German Chancellor Merz celebrated it as good news for the German economy.

TKMS shares jumped 11% on the news.

South Korea offered:

$70B in trade and investment in Canada.

25,000 Canadian jobs annually until 2044.

Germany offered: Submarines built in Germany.

650,000 “job years” over 30-50 years with no timeframe attached.

Carney chose the European partner.

The same week he said Canada belongs with Europe not America.

The same week USMCA started unwinding.

The same week China tariffed Canadian farmers.

Germany won. Canada paid.

???????? Canada just awarded its largest military contract in history to

Germany.????????

$100 billion Canadian. 12 submarines.
The submarines will be built in Germany.
German Chancellor Merz celebrated it as good news for the German economy.
TKMS shares jumped 11% on the news.

South… pic.twitter.com/S7PM9DaAHS

— wealthmoose (@wealthmoose)July 8, 2026