WHAT ’ S HAPPENING IN YOUR REGION ?
CANADIAN AEROSPACE INDUSTRY UPDATE
MIKE MUELLER President & CEO , Aerospace Industries Association of Canada
Almost two years into the COVID19 pandemic , our message as the association representing over 90 % of aerospace activity in Canada is this : there is no better time to leverage the strengths of the aerospace industry and its ability to bolster economic recovery and grow thousands of new jobs .
While support programs and large-scale government spending have a role to play – they must be accompanied by setting a long-term roadmap for economic recovery ; one that recognizes the unique characteristics of a Canadian industry built up over 80 years with a world-leading legacy that today supports over 200,000 workers in every region of Canada , rural and urban , from coast to coast to coast .
Together with Canada ’ s Federal Department of Innovation , Science and Economic Development ( ISED ), we just released our joint 2020 report on the State of Canada ’ s Aerospace Industry . The 2020 report quantifies the impacts of the COVID19 pandemic on aerospace jobs and the sector ’ s economic activity in Canada and points to a long recovery . The findings show that the overall aerospace industry contribution to the Canadian economy decreased by $ 6.2B in GDP and 27,900 jobs between 2019 and 2020 .
On a positive note , revenue losses in Canada were mitigated compared to the global average due to the diversity of Canada ’ s aerospace sector including our strength in business aircraft . Canada ranked number 2 in the world in the manufacture of business jets in 2020 , consistent with 2019 rankings .
Despite the steep decline in jobs and GDP contribution , Canada remains an innovation and export leader . Key findings include :
» The Canadian aerospace industry contributed over $ 22B in GDP and close to 207,000 jobs to the Canadian economy . ( As compared to $ 28.5B contribution to GDP and 235,000 jobs in 2019 ) » Aerospace manufacturing R & D intensity and share of STEM employment were 3X higher than the manufacturing average
» Between 2019 and 2020 , the aerospace manufacturing industry ’ s investment in R & D was relatively stable ($ 934M R & D investment in 2020 , down from $ 1.4B in 2018 , and 5X higher R & D intensity than the manufacturing average in 2018 ) » Canadian aerospace maintains its position as a global leader in several segments : - 1st in civil flight simulators - 3rd in civil engines - 4th in civil aircraft
» The Canadian aerospace manufacturing industry exported over 75 % of Canadian aerospace products to 186 countries across 6 continents in 2020 - Over 55 % of aerospace exports were supply chain related - Aerospace was 35 % more export-intensive than the Canadian manufacturing average .
How we plan our aerospace recovery will set the stage and determine our competitiveness for the next 30 years .
With 80 percent of our products exported , continued collaboration with key international markets , including the United States is key . This is why we are so pleased to be a part of this PNAA conference .
THE STATE OF CANADA ’ S AEROSPACE INDUSTRY REPORT CAN BE FOUND HERE : https :// www . ic . gc . ca / eic / site / ad-ad . nsf / eng / h _ ad03964 . html
74 NORTHWEST AEROSPACE NEWS
PNAA ADVANCE / 2022