Canada's traditional North Atlantic allies won out in the federal government's high-cost hunt for modern submarines Monday, with Prime Minister Mark Carney announcing that Ottawa will buy its new fleet

Canada is expected Monday to choose between German and South Korean bids to build a multibillion-dollar fleet of 12 submarines

Germany's ThyssenKrupp Marine Systems (TKMS) has been selected as the preferred bidder to build Canada's next fleet of submarines, according to Can...