Creating Jobs for Canadian Families

MISSISSAUGA, ONTARIO and LONGUEUIL, QUEBEC--(Marketwired - Dec. 8, 2014) - Industry Canada

Today, Industry Minister James Moore and Infrastructure Minister Denis Lebel announced a crucial investment in Pratt & Whitney Canada to create the next generation of jet engines. Thanks to support from the Government of Canada, the company will be able to produce the next generation of airplane engines that will power lighter, greener airplanes around the world.

The ministers made their announcements in Mississauga, Ontario, and in Longueuil, Quebec, where the majority of the work will be done. This project will support nearly 1,500 jobs over the next five years. More than 65 separate Canadian suppliers will also contribute to the production of each engine.

Quick facts

• Pratt & Whitney Canada (P&WC) employs 6,000 people across Canada and has invested more than $10.6 billion in research and development since 1982.
  
  
• The project's research and development will take place at P&WC facilities in Mississauga and Longueuil, supporting nearly 1,500 Canadian jobs over the next five years.
  
  
• The Government's total investment is $300 million in the form of a repayable contribution through the Strategic Aerospace and Defence Initiative.
  
  
• In 2013, Canada's aerospace industry was responsible for more than 170,000 jobs and contributed $28 billion to the economy.
  
  

Quotes

"Our government's top priorities are the economy and creating jobs and opportunities for Canadian families. This investment will support nearly 1,500 high-paying Canadian jobs and countless others across Canada. We are proud to support the aerospace industry and will continue to create the right economic conditions for Canadian companies to succeed globally."

- James Moore, Industry Minister

"This announcement will support jobs and economic growth for Quebecers. Our government is proud to make smart investments that support high-quality jobs across the country."

- Denis Lebel, Minister of Infrastructure, Communities and Intergovernmental Affairs and Minister of the Economic Development Agency of Canada for the Regions of Quebec

"The Government of Canada's investment enables P&WC to invest over $1 billion to pursue its long-standing legacy of innovation and sustain its engineering and manufacturing centres of excellence in Alberta, Ontario, Quebec and Nova Scotia. The Government of Canada's continued commitment to the aerospace industry will help support high-quality job opportunities for the next generation of skilled workers in Canada and allow P&WC to continue to be an innovative leader in the industry."

- John Saabas, President, Pratt & Whitney Canada

"This important announcement is a testament to the Government of Canada's pledge to support homegrown R&D through effective industry-university collaboration."

- Sheldon Levy, President and Vice-Chancellor, Ryerson University

"We look forward to continuing to work closely with Pratt & Whitney Canada on a number of projects critical to the growth of Canada's aerospace sector, including projects in the emerging and innovative field of additive manufacturing."

- Suzanne Fortier, Principal and Vice-Chancellor, McGill University

Associated links

- Industry Canada's Industrial Technologies Office

- Strategic Aerospace and Defence Initiative

- Pratt & Whitney Canada website

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