Aerospace

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Canada’s aerospace sector is comprised of some 700 companies generating direct annual revenues of more than $28 billion in 2014. The industry is highly integrated into the global value chains and exports 80% of its production globally.1

“Mirabel is a vital part of Bell Helicopter’s long-term growth strategy and the decision to move the final assembly of the Bell 505 Jet Ranger X to Canada confirms our commitment to Mirabel, Quebec, workforce and infrastructure.”

Mitch Snyder, President and CEO, Bell Helicopters

  • According to KPMG, aircraft parts operations in Canada save 32.6% on total labour costs (including benefits) compared to the U.S. and when all cost factors are considered, the lowest cost structure in the G7.2
  • The aerospace industry in Canada is R & D intensive, with capital investments upwards of $1.8 billion making it a leader in aircraft technology development and application.1
  • The Canadian aerospace industry employs 76,000 workers. Investors also gain access to a large pool of world-class educated workers with 21 Canadian universities appearing in the top 500 universities in the world.3 Canadian institutions awarded almost 14,000 undergraduate degrees in engineering in 2014 4- more than the US on a per-capita basis – and approximately 3,000 students graduate from aerospace-related courses programs at Canadian institutions each year.

Leading Networks, Research Groups and Support Programs

  1. Industry Canada. The State of the Canadian Aerospace Industry: 2015 Report.
  2. KPMG. Competitive Alternatives, aircraft parts manufacturing (2016).
  3. Shanghai Jiao Tong University, Academic Ranking of World Universities (2014).
  4. Engineers Canada, Canadian Engineers for Tomorrow (2010-2014).