The Québec aerospace industry is composed of world-class manufacturers, renowned OEMs, top-notch subcontractors and suppliers, prestigious and unique educational institutions that train a skilled and highly competitive workforce, and prominent research centres. It is also home to the headquarters of international organizations such as the International Air Transport Association (IATA), the International Business Aviation Council (IBAC) and the International Civil Aviation Organization (ICAO).
This concentration of key players from the aerospace industry’s corporate, academic, scientific and association sectors gives the region an exceptional industrial and research capability.
With 204 companies which turnover is mainly derived from the aerospace sector, the Greater Montreal constitute the 3rd world capital of aerospace, after Seattle and Toulouse. Quebec ranks even the 6th largest global aerospace equipment manufacturers.
The Greater Montréal region also has the second-largest density of aerospace jobs in the world: one person in 93 works in a job related to the aerospace sector.
Québec’s aerospace sector represents:
- Some 204 companies;
- A network of 190 SMEs;
- 41,750 workers;
- Sales of $13,8 billion of which 80% come from exports;
- 5th place worldwide after the United States, France, Germany, the UK and Japan;
- 55% of Canadian aerospace sales;
- 55% of jobs in the Canadian industry;
- 70% of total spending on research and development (R&D) performed in Canada.