Innovation, Science and Economic Development Canada

Innovation, Science and Economic Development Canada

November 18, 2015 13:57 ET

Building Strong Ties with Canada's Aerospace Industry

Minister Bains delivers keynote address at the 2015 Canadian Aerospace Summit

OTTAWA, ONTARIO--(Marketwired - Nov. 18, 2015) - Innovation, Science and Economic Development Canada

The aerospace and space industries are innovation leaders in Canada that are committed to collaborative research and development excellence. That is why Canada's new Minister of Innovation, Science and Economic Development, the Honourable Navdeep Bains, met with key players from Canada's aerospace and space industries at the annual Canadian Aerospace Summit today. The summit is hosted by the Aerospace Industries Association of Canada.

Minister Bains, in his first address in this role, shared his thoughts on maintaining the strong relationship between the federal government and Canada's aerospace and space industries. He recognized the industries as global success stories and praised them for their innovation and productivity. He also outlined how the government's new innovation agenda will help businesses grow, innovate and export so that they can create good quality jobs for Canadians. This mandate is reflected in the new name of the Department and will complement the successes and strengths that already characterize the aerospace and space industries in Canada.

The Minister expressed his commitment to working closely with these industries to ensure that they remain innovative, productive and successful in export markets, while being key players in Canada's continued economic development.

Quick facts

  • Canada's innovative aerospace industry is a significant employer and contributor to economic growth.
  • In 2014, Canada's aerospace industry was responsible for more than 180,000 jobs and contributed $29 billion to the economy.

Quote

"The importance of Canada's aerospace and space industries is known around the world. Your companies are important parts of global value chains. You are leaders in innovation and are highly competitive. In this era of openness and transparency, I look forward to working with you to make sure that this strong reputation can be maintained, allowing us to demonstrate Canada's world-class capabilities."

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

Follow the Minister on Twitter: @MinisterISED

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