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Foreign direct investment in Canada's aerospace industry

28 October 2013 by Invest in Canada

According to Deloitte, the global aerospace industry is forecast to grow to US$262bn in 2020.

Canada's aerospace producers have earned an outstanding worldwide reputation for quality, value, performance and reliability, with exports accounting for 80% of the industry's annual revenues.

More than 400 aerospace manufacturing and services companies across Canada generated an estimated $21bn in revenues in 2010.

'Aircraft and aircraft parts design and manufacturing' is the largest sub-sector, accounting for 53% of the industry's revenue.

Aerospace companies in Canada have developed a number of product and process related specializations.

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