The Peak Daily Pick me ✋- Submarine suitors woo Ottawa, Social media algorithms are going on trial.
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Jan 22, 2026 Two submarine giants are vying for Ottawa's attention, promising local partnerships and investment. Meanwhile, social media algorithms face legal challenges for their impact on youth mental health, drawing parallels to tobacco lawsuits. The stakes are high as these cases could lead to significant changes in platform designs. The hosts also touch on a new $100M Canadian AI fund aimed at keeping startups local and rapid-fire news about international deals and tech innovations.
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Hanwha's Canadian Launch And Local Deal
- Hanwha Ocean launched Canadian operations and struck a deal with Babcock Canada to handle sub maintenance locally.
- Jay and Alex frame this as a bid to show long-term industrial commitment, not a short-term military sale.
TKMS's Broader Investment Pitch
- Germany's TKMS pitched a broader investment package beyond subs, including AI, mining, and batteries, to woo Ottawa.
- Alex and Jay note Germany's offer could include reciprocal purchases like Bombardier jets and space systems.
Submarine Buy Is Industrial Strategy
- The submarine procurement is about more than defense hardware; it's a chance to lock long-term industrial relationships with major buyers.
- The decision will test whether Ottawa can spend defense dollars to secure sustained domestic industry benefits.