Aerospace sector looks to government for help as pandemic grounds once high-flying industry
The aerospace industry is a big contributor to Canadian GDP and employs hundreds of thousands of Canadians. Many of Canada's biggest competitors in the space, like France, have already doled out billions in sector specific relief. Some in the industry fear this is a make-or-break moment.
The Canadian aerospace sector and parliamentarians are calling on the government to help the once-mighty industry ahead of the Nov. 30 fiscal update, as the pandemic has slashed revenues, jeopardized jobs, and has cast a dark shadow on the medium- and long-term prospects for a return to some kind of...
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