Wow. This old thread still has legs? Alrighty then. The Lockheed Martin F-35's per unit cost has dropped to $80M, still has defects, but more and more countries are buying. Canada's competition will be interesting. The new Super Hornet Block III will challenge with a number of very effective upgrades. The Airbus Eurofighter might be in the mix as it too has a number of effective upgrades and last but not least the Saab Jas-39 E/F Gripen is flying three prototypes that has all the bells and whistles.
It should be interesting, but barring Canada re-establishing a domestic industry to manufacture a fighter jet (Eurofighter and Gripen), I think it will come down to the F-35 and the SH. I believe Canada will choose the Super Hornet and its Electronic Warfare Variant, the Growler.