Champagne Applauds Boeings Big Investment in Quebecs Aerospace Zone

Innovation, Science and Economic Development Canada

Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, welcomed an important Boeing investment in Quebec's new aerospace innovation zone in the Montréal region.

Part of Boeing's Industrial and Technological Benefits commitment to Canada for selecting the company's P-8A Poseidon as its future maritime patrol aircraft, this $240 million investment includes funding for a state-of-the-art aerospace development centre and strategic investments in two Montréal-based industry leaders, Héroux-Devtek and Wisk.

This Boeing investment in Quebec builds on more than $2 billion in P-8 contracts with Canadian companies to date, contributing jobs and economic growth across the country.

The aerospace sector is one of the most innovative and export-driven industries in Canada, generating more than 210,000 jobs and contributing an estimated $27 billion in annual economic benefits.

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