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FDI is vital to continued aerospace growth in Canada
Canada’s aerospace industry is among the largest in the world – including being first in flight simulator production, third in engine production and fourth in aircraft production for civil aviation. The industry employs nearly 200,000 people and contributed over $24 billion to Canada's Gross Domestic Product (GDP) last year. Montréal itself is the world’s third largest aerospace hub after Seattle, Washington and Toulouse, France.
Much of this economic activity, which occurs throughout the country, can be attributed to foreign direct investment (FDI). In the past 15 years, 59 global aerospace companies announced 91 projects in Canada – many of them involving research and development.
Read MorePast Posts
Oct 2022
Five questions for Laurel Broten, Invest in Canada’s new Chief Executive Officer by: Invest in Canada
Laurel Broten became Invest in Canada’s chief executive officer on October 3, 2022. She is an award-winning CEO, a former cabinet minister, a lawyer, a legislator, an advocate and a community builder.
Sep 2022
Tremendous growth in reinvested earnings: Global companies show long-term faith in Canada by: Invest in Canada
Looking back on the second quarter of 2022, FDI continues to grow and create tremendous opportunities for Canada.
Aug 2022
Umicore chooses Canada for first-of-its-kind EV battery materials plant by: Invest in Canada
Belgium-based Umicore has announced a $1.5 billion investment in an electric vehicle (EV) battery facility in Loyalist, Ontario. Learn more.
Jul 2022
FDI brings new vitality to Canada’s life sciences sector by: Invest in Canada
Foreign direct investment is helping to build a thriving life sciences industry that includes world-class research institutions, business incubators and healthcare institutions.
Jul 2022
The future of alternative proteins is in Canada by: Invest in Canada
Canada is one of the world’s agricultural powers, ranking as the fifth-largest exporter of agri-food and seafood in the world in 2020. Learn more.
Jun 2022
People, communities, and values are at the heart of modern FDI by: Invest in Canada
On Canada Day, Canadians from coast-to-coast celebrate the anniversary of the country we call home, the people that inhabit it, and the values that unite them.
Jun 2022
Canada's leadership in sustainable mining by: Invest in Canada
At the PDAC 2022 Convention, Canada’s sustainable mining leadership was on full display. Learn more.
Jun 2022
31 reasons to invest in Canada’s mining opportunities by: Invest in Canada
Here are 31 reasons why global investors will want to choose Canada for mining investment opportunities.
Jun 2022
Canada maintains record momentum as FDI results for the first quarter of 2022 are released by: Invest in Canada
Foreign direct investment (FDI) in Canada is continuing its strong performance. Learn why.