Canada inks multibillion-dollar deal for F-35 fighter jets. Here’s how much it will cost By Rachel Gilmore & Saba Aziz Global News Posted January 9,

Canada has finalized a long-awaited deal to replace its aging fleet of CF-18 fighter jets with 88 of Lockheed Martin’s F-35 fighters set to begin arriving in the coming years, Defence Minister Anita Anand announced on Monday. While the project budget is $19 billion, officials said in a technical briefing Monday morning that the cost estimate for the lifecycle of these fighter jets is expected to land around $70 billion.-- More...