The Aerospace Industry in Canada – How Winnipeg Benefits

Feb 11, 2011 | Corporate Member News

Key leaders from across Canada launch tour to speak to the national and local economic benefits of the industry

Canada is home to the world’s fifth largest aerospace industry, employing approximately 80,000 people and generating more than $22 billion in revenue from coast to coast in 2009. Western Canada alone employs close to 14,000 people, with Winnipeg being the largest aerospace centre in the west. 

Increase in global demand for aircraft represents an outstanding opportunity for Canadian aerospace, but as competitive pressures from around the world increase, keeping our leadership position will require a concerted effort by industry, academia and governments, says Ian Smart, Senior Vice President Airlines and Fleets for StandardAero.  

Ian Smart

“The aerospace sector’s success is based on Canadian expertise, intellectual property and entrepreneurial spirit,” continued Mr. Smart.  “The global market is growing, but global competition is also heating up. To remain competitive internationally and grow our industry at home, we need a coherent aerospace policy framework based on a concerted effort from all players to, among others, increase our R&D intensity to match levels seen in other countries, promoting significant technology development within the Canadian economy and capturing the outstanding potential of future industry demand to create high quality jobs in this country.”

Mr. Smart was speaking at an event hosted by Economic Development Winnipeg on behalf of the Aerospace Industries Association of Canada. StandardAero is one of the largest aircraft engine maintenance, repair and overhaul companies in the world, and one of Manitoba’s largest aerospace firms. Mr. Smart’s career at StandardAero spans close to 14 years, where he has held numerous executive-level roles. 

According to a recent report by Deloitte entitled The Strategic and Economic Impact of the Canadian aerospace Industry, the Canadian aerospace industry is expected to have generated $24.1 billion in revenue in 2010 and employed 82,956 people. More than 400 aerospace companies are located across Canada with Winnipeg being a major North American centre for composite aircraft component manufacturing, and aircraft maintenance, repair and overhaul. The Winnipeg aerospace cluster is led by four global firms including Boeing Canada Operations Ltd., Magellan Aerospace, StandardAero and Aveos Fleet Performance. Boeing Winnipeg’s composite manufacturing facility is one of only ten major global Boeing sites for commercial aircraft, one of only three such sites outside the U.S and is the largest such facility in North America. 

The Aerospace Industries Association of Canada has organized a national tour which will include speaking engagements and stakeholder meetings in seven cities across Canada including Halifax, Montreal, Ottawa, Toronto, Winnipeg, Calgary and Vancouver.  Industry leaders will be promoting the industry in order to better educate Canadians on the benefits of the Canadian aerospace sector and to highlight the positive regional and local impacts as well as the opportunities for the future.

About AIAC 

The AIAC is the national association representing Canada’s aerospace manufacturing and services sector. As the world’s fifth largest aerospace industry, Canada’s aerospace sector generated in 2009 over $22 billion and employed nearly 80,000 Canadians. Approximately eighty per cent of Canadian aerospace products were exported. Eighty-three per cent of revenues were generated by the civil aerospace sector and 17 per cent by the military aerospace sector. AIAC represents the interests of more than 400 aerospace companies across Canada. 

For information:             Maryse Harvey
Vice President Public Affairs, Aerospace Industries Association of Canada
613 760-4562
[email protected] 
To set-up an interview:  Karissa Boley
National Public Relations
403 988-2888 (mobile)

Similar Posts

Advertisement

advertisement advertisement

SOCIAL

Glad to hear that @mbchambersofcom representative on @CdnChamberofCom Board of Directors Paul Provost from @6pmarketing was able to participate in discussion with Deputy PM and Finance Minister @cafreeland in Ottawa #VoiceofBusiness #PoweroftheNetwork