It's pretty widely accepted that s
peed of delivery is one of the top selection criteria. The Vics, though recently upgraded, will start aging out in 2035. The RCN has a stated requirement that a new boat must be in the water and at least at initial operating capability by 2035. Hanwha has stated they can deliver 4 by that date (the first in 2029), whereas TKMS is only committing to one. In this respect, Hanwha has a clear advantage.
With regards to which is better, either one will be a vast improvement over the current fleet of boats. Between the Type 212 CD and the KSS-III, I favour the KSS-III because it has more volume for "stuff". However, there is some speculation on a Canadian defence forum that the boat TKMS has proposed is the Type 212 CD
E (expeditionary), which would be roughly equivalent to the KSS-III in size. This was offered to the Dutch (and lost out to the NG proposal), but was at a very advanced level of design, so certainly a possibility. From what I can gather, it's essentially a 212 CD with a hull stretch, sharing all the same systems as the 212 CD, but with a substantially improved range and endurance.