How to build a Canadian two-ocean fleet from 1928

What fleet would you build for Canada from 1928 with abundant resources and a million tons available?

Start with sloops, then build balanced two-ocean forces of carriers, battleships, cruisers, destroyers, and escorts as Canadian infrastructure and manpower expand.

A million-ton allowance does not remove the need to sequence construction sensibly. Sloops come first because patrol and escort capacity provides immediate utility and builds the personnel and infrastructure needed for later expansion. The mature force would place roughly four battleships, four carriers, eight cruisers, thirty-two destroyers, and thirty-two sloops on each coast. Carrier designs would resemble Ark Royal and capital ships the later Lion family. Fleet building remains a gradual institutional program rather than a shopping list that can be delivered at once.