This has been a 16 year long saga (29-24 years if you include contributions to concept dev or formally joining JSF program). We've seen the acquisition cancelled in 2012, interim Hornets bought in 2017-18, F-35 recommit in 2023. This is Canada's "kicking the can down the road" procurement disease.
If a contract was signed for Gripen E/F tomorrow for aircraft built in Sweden it would likely be post 2032 before Canada received the first one. Production is 12-15 aircraft per year and the ramp up to 20-30 by 2028, albeit with huge caveats:
https://en.defence-ua.com/industrie...36_jets_per_year_remains_a_stretch-17425.html
As the deal is said to include local production in Canada, it took, for reference, 11 years for Brazil to have the first locally assembled Gripen E/F. If the news is correct, nothing will be announced until after the US mid-terms. Then Canada has to actually negotiate a contract with SAAB, build a production/assembly facility, train workers, eat F-35 cancellation penalties & probable court challenges, all while navigating inevitable political changes in both US and Canada. Acquisition malpractice is an understatement in this case.
RCAF Hornets are out of airframe life, the ones they acquired from Australia weren't given the HEP of the CF-188 fleet either. Basically the RCAF fleet will consist of 30 F-35's and a lot of remorse by 2032 if they decide on this mixed fleet.