On Oct. 30, Prime Minister Mark Carney will visit Hanwha Ocean’s facilities to get an up close look at the submarine the company is offering to Canada. Carney has already toured the German shipyard, the other contender offering Canada a new sub fleet.

The Liberal government will spend tens of billions of dollars — with some estimates of up to $100 billion — on a new fleet of submarines.

Here is a basic primer on why and how your tax dollars will be spent.

WHAT IS BEING BOUGHT AND WHAT WILL IT COST?

The Canadian government has indicated it wants to acquire up to 12 “conventionally powered, under-ice capable submarines.”

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No official cost estimate has been released. The lowball estimate is around $60 billion for the project, but

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