The bid for a major federal submarine contract that could have provided Algoma Steel in Sault Ste. Marie, Ont., with additional infrastructure and hundreds of new jobs was unsuccessful.
Prime Minister Mark Carney is expected to announce this afternoon that German shipbuilder ThyssenKrupp Marine Systems (TKMS) has won the right to build a multibillion-dollar fleet of 12 submarines for Canada’s defence.
Could Brookfield’s fingers be in this pie somewhere?
