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International Trade Minister highlights Canadian aerospace success
July 14, 2016 - Farnborough, United Kingdom - Global Affairs Canada
At the Farnborough International Airshow in the United Kingdom, the Honourable Chrystia Freeland, Minister of International Trade, announced several Canadian aerospace successes. Achievements by Esterline CMC Electronics (CMC) of Saint-Laurent, Quebec, and Marinvent, based near Montréal, will help create growth and jobs in the important aerospace sector.
The president of Canadian company CMC, Michel Potvin, signed two major contracts with Antonov, a Ukrainian firm, to supply high-performance avionics systems for aircraft. The Minister also joined John Maris of Marinvent, another Canadian company at Farnborough, to announce the establishment of a Canadian flight test and certification centre, which will provide services to Canadian and international companies. The Minister met with Pierre Beaudoin, Bombardier's Executive Chairman of the Board, and Alain Bellemarre, its current president and chief executive officer, who proudly promoted the new C-Series aircraft.
At the airshow, the Minister took the opportunity to visit the Canada Pavilion, with more than 30 Canadian aerospace company displays, and to engage with business leaders and trade experts from across the globe.
“I am thrilled to be here today and to promote the Canadian aerospace sector to the world. Our aerospace sector is a key economic driver; successes like the ones we are highlighting today with CMC and Marinvent are great examples of the vitality and competitiveness of our Canadian aerospace sector.”
- Hon. Chrystia Freeland, P.C., M.P., Minister of International Trade
- The Farnborough International Airshow is one of the world’s largest trade shows for the aerospace industry. It is held every other year, alternating with the Paris Airshow.
- The aerospace sector is a key economic engine for Canada, employing more than 200,000 Canadians in highly skilled jobs.
- Canada’s aerospace industry is the fifth-largest in the world. It contributes more than $28 billion to Canada’s gross domestic product.
- Canadian aerospace companies are thoroughly integrated into global supply chains, exporting nearly 80 percent of their products to international markets. The sector continues to be an innovation leader, ranking as the top research and development spender within Canada’s manufacturing sector.
- Esterline CMC Electronics Signs Contracts with Antonov Company
- Marinvent Corporation Launches Certification Center Canada
- Canada Aerospace Succeeds on the World Stage
Office of the Minister of International Trade
Media Relations Office
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