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Or sign-in if you have an account.Frosted trees are seen along the Inuvik Tuktoyaktuk highway outside of Inuvik, during Operation Nanook, the Canadian Armed Forces' annual Arctic training and sovereignty operation, in the Northwest Territories, Canada, February 28, 2025. Photo by OLE BURSTON/AFP via Getty ImagesAustralia announced a A$2.5 billion (US$1.8 billion) agreement to sell its Over the Horizon Radar system to Canada, as Ottawa aims to strengthen its military presence in the increasingly contested Arctic.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountorThe deal is Australia’s largest-ever defence export and reflects the two nations’ shared strategic interests: combining Australia’s expertise in OTHR with Canada’s leadership in Arctic defence and long-range domain awareness, Prime Minister Anthony Albanese said in a statement Monday.“Australia and Canada’s relationship is grounded in decades of operational cooperation, shared strategic interests, and deep collaboration through the Five Eyes partnership,” Albanese said, adding the agreement was a milestone for Australia’s defense exports and would deepen defense-industry cooperation.Breaking business news, incisive views, must-reads and market signals. Weekdays by 9 a.m.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Posthaste will soon be in your inbox.We encountered an issue signing you up. Please try againAustralia and Canada are tightening ties as the global rules-based order erodes and great-power politics returns to the fore. Prime Minister Mark Carney, in a speech to parliament in Canberra this year, said Canada and Australia should use their reputations as stable, trustworthy democracies to lead coalitions that can resist domination by the U.S., China and other powers.The Australian government said working together on Over the Horizon Radar systems will support delivery of early warning and surveillance capabilities in the Indo-Pacific and North Atlantic, contributing to collective security in an increasingly complex strategic environment.The project will support about 300 high-value technical jobs in Australia, with industry partner BAE Systems Australia set to commence delivery of Canada’s A‑OTHR capability on July 1, 2026, according to the statement. Join the Conversation This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.