OTTAWA, June 16, 2017 /CNW/ - The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, will lead the Canadian delegation at this year's International Paris Air Show, a major trade event and innovation showcase for the aerospace industry.
Minister Bains will be accompanied by a large delegation of world-leading Canadian companies that reflect the importance of the aerospace industry in driving innovation and creating well-paying middle-class jobs across the country.
During the show, Minister Bains will hold meetings with a number of leaders from international and domestic aerospace companies. He will highlight Canada's global leadership in the production of civil airplanes, flight simulators, helicopters and engines. And he will promote Canada as an ideal destination for aerospace investments from around the world.
Minister Bains will be accompanied by the Honourable Marc Garneau, Minister of Transport; the Honourable François-Philippe Champagne, Minister of International Trade; and Steven MacKinnon, Parliamentary Secretary to the Minister of Public Services and Procurement.
"Canada's aerospace industry is defined by its global leadership in the development of new technologies, which depend on the talents of the highly skilled men and women who work in this sector. Our highly skilled workforce is the reason Canada continues to be an attractive destination for global investments in aerospace. The innovations and business opportunities that are created as a result of these investments support well-paying middle-class jobs across the country. And they allow Canadian companies to grow into globally competitive successes."
– The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development
"This major international event represents a tremendous opportunity to meet with more than 2,000 exhibitors and major key players in the aerospace industry. Canada's knowledge and expertise in the air transportation sector is recognized internationally. By standing behind our Canadian companies, we can play a role in enabling productive networking, potentially leading to transactions that could have a valuable impact on our economy."
– The Honourable Marc Garneau, Minister of Transport
"The aerospace sector is a major driver of economic activity for our country. With the imminent entry into force of our Comprehensive Economic and Trade Agreement with Europe, all European Union tariffs on Canadian aerospace products will be eliminated. Promoting Canada's capacity in this important industry will lead to more trade and investment possibilities that translate into jobs and opportunities for Canadians."
– The Honourable François-Philippe Champagne, Minister of International Trade
"Our government is committed to finding innovative and modern approaches to procurement to generate meaningful economic and social benefits for Canadian industry and to create good middle-class jobs. This venue is an opportunity to meet with key stakeholders to discuss ways to improve our procurement practices for the benefit of all Canadians."
– Steven MacKinnon, Parliamentary Secretary to the Minister Public Services and Procurement
- In 2016, the aerospace industry contributed $28 billion in GDP and 208,000 jobs to the Canadian economy.
- Aerospace accounts for close to 30 percent of total research and development investments in Canada's manufacturing sector, making it the top R&D spender among all Canadian manufacturing industries.
- The Canadian aerospace industry exports more than 60 percent of its products as part of a global supply chain.
- This year the International Paris Air Show will host more than 420 Canadians representing over 130 companies.
Follow Minister Bains on Twitter: @MinisterISED
SOURCE Innovation, Science and Economic Development Canada
For further information: Karl W. Sasseville, Press Secretary, Office of the Minister of Innovation, Science and Economic Development, 343-291-2500; Media Relations, Innovation, Science and Economic Development Canada, 343-291-1777, email@example.com