Canada Key Industries: Aerospace

Canada ranks third globally in terms of civil-aircraft production—a remarkable achievement given the country’s relatively small population. With some 700 companies, Canada’s aerospace manufacturing and maintenance, repair, and overhaul industries generated direct annual revenues of close to $29 billion in 2017, a nearly 27 percent increase from 2012. The sector directly employs over 85,000 people and is responsible for approximately 109,000 jobs across Canada. Highly integrated into global value chains, more than 60 percent of product exports by the industry are from the aerospace supply chain, a share that has increased by almost 50 percent over the last 15 years.

• The Canadian aerospace sector is an international leader in terms of export intensity and trade diversity, with value chain partners in the United States, Europe, Asia, and South America.
• Thanks to Canada’s membership in the North American Free Trade Agreement (NAFTA) and one of the world’s best multi-modal transportation systems, the sector is well integrated into the North American market.
• Aircraft parts manufacturers based in Canada typically enjoy the lowest cost structure among G7 countries.

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