Federal government can do more to help aviation industry get to 2050 target

Capital expenditure tax claims like SR&ED could make the difference between an advanced manufacturing facility in aviation being built in Canada or not.

The international aerospace and aviation industry, including in Canada, is committed to get to net zero by 2050, writes Kimberley Van Vliet. Unsplash photograph by Dan Meyers

Opinion

BY KIMBERLEY VAN VLIET

November 29, 2023

Canada’s net-zero 2050 target is driving innovation in the aviation industry, but more federal government support—subsidies, tax breaks, and other incentives—is needed for the $27-billion industry to meet this ambitious goal. Reinstating the capital expenditures compon...

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