# Bidding war  ↖️ -    The battle to sell Canada new submarines, A short selling scheme blows up.

Page: https://stenobird.com/podcast/the-peak-daily-3379374/bidding-war-the-battle-to-sell-canada-new-submarines-a-short-selling-scheme-blows-up
Text version: https://stenobird.com/podcast/the-peak-daily-3379374/bidding-war-the-battle-to-sell-canada-new-submarines-a-short-selling-scheme-blows-up.md
Podcast: [The Peak Daily](https://stenobird.com/podcast/the-peak-daily-3379374)
Published: 2026-06-04T09:00:00+00:00
Episode link: https://share.transistor.fm/s/ae81116b
Audio file: https://op3.dev/e/media.transistor.fm/ae81116b/095fcf60.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-peak-daily-3379374/episodes/bidding-war-the-battle-to-sell-canada-new-submarines-a-short-selling-scheme-blows-up
Duration seconds: 515

## Resource

Canada’s coming submarine super-deal turns into a full-on bidding war as South Korea dangles “Project Beaver” — a massive hydrogen-trucking investment — to win a 12-sub contract potentially worth $120B over 70 years. Plus, famous short seller Andrew Left is found guilty of securities fraud in a “short-and-distort” scheme, raising fresh questions about market manipulation in the social media era. In The Big Picture: a proposed new U.S. tariff on Canada tied to forced-labour imports, Ottawa backs off its Cancon streamer rules, and Meta launches an AI agent for businesses. The Peak Daily is produced in partnership with reframevid.com

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## Transcript

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