Showcasing Canadian Aerospace to the World

OTTAWA, ONTARIO--(Marketwired - July 8, 2016) - Innovation, Science and Economic Development

The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, will lead the Canadian delegation at this year's Farnborough International Airshow, a major trade exhibition for the aerospace and defence industries. His attendance underscores the importance of Canada's aerospace industry, which is a major driver of economic activity and innovation. In 2015, the sector contributed more than $28 billion to the Canadian economy and employed 211,000 Canadians in well-paying, highly skilled jobs.

During the trade show, Minister Bains will meet with a number of key aerospace stakeholders between July 10 and 13, 2016. He will officially open the Canadian Pavilion on Monday, July 11. The Minister will also highlight the capabilities of the country's aerospace industry and promote Canada as an ideal destination for global aerospace investment. The Government of Canada's participation in the show demonstrates its commitment to innovation leadership in this industry.

Quote

"Canada's aerospace industry is an innovation leader. The sector is a key contributor to Canada's economy. It employs highly skilled Canadians. Our aerospace companies are cutting-edge and highly specialized. They have built an international reputation through their world-class work."

- The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development

Quick facts

• Canada's aerospace sector leads all other manufacturing industries in investment in research and development.
• Close to 80 percent of aerospace manufacturing was exported in 2015.
• The Farnborough International Airshow is a global showcase for the aerospace industry that attracts more than 1,500 exhibitors from over 39 countries. In 2014, orders and commitments made at the show totaled over US$200 billion.

Follow Minister Bains on social media.

Twitter: @MinisterISED