Bombardier and Canadian Government announce significant aerospace investment
Through its collaboration with Bombardier, the Government of Canada is investing in thousands of Canadians and hundreds of suppliers across the country. As Canada’s largest aerospace company, Bombardier supports thousands of jobs in design, engineering and manufacturing through its nationwide supply chain of companies, as well as overseas in places such as Belfast, Northern Ireland.
This initiative by the Government of Canada will fund research and development for the new Global 7000 business jet (above) and ongoing activities related to the development of the company’s C Series aircraft.
The Government of Canada has a long-standing relationship with Bombardier, Canada’s biggest private sector investor in research and development activities. These activities strengthen the skills and knowledge of Canadians working in the aerospace sector, and they lead to new manufacturing platforms that position Canadians working in the sector for the jobs of tomorrow. The resulting benefits enable Canada to maintain a competitive position in the global supply chain that forms the aerospace sector.
Navdeep Bains, Minister of Innovation, Science and Economic Development, commented: “This contribution from the Government of Canada will secure the highly skilled, well-paying jobs for middle-class Canadians who work in the aerospace sector. It will also ensure that Canada has a strong, stable and competitive aerospace industry, which is a major driver of economic activity and innovation across the country. Bombardier plays a vital role, both as an anchor employer and an innovation leader. The Government of Canada is proud to invest in research and development activities that secure Canadian jobs, while enabling Bombardier to grow as a globally competitive company for years to come.”
Alain Bellemare, CEO, Bombardier Inc. said: “We welcome the continuing partnership with the Canadian government. The repayable contributions announced today will help to ensure that Canada remains at the centre of Bombardier’s research and development activities, which are focused on developing the most efficient, reliable and environmentally friendly aircraft in the world. While we compete globally, we are proud of our Canadian home, our heritage and our position as one of Canada’s leading high-technology manufacturers and employers.”
