Industry Statistics
Canada’s aerospace industry contributed nearly $29B in GDP to the Canadian economy in 2023.
Canada’s aerospace industry provided employment for over 200,000 hard-working Canadians from coast-to-coast.
More than 75% of aerospace manufacturing revenues were export related in 2023.
Canada maintained its rank in the Top 5 across civil flight simulator, civil engine, and civil aircraft subsegments in 2023.
Canadian aerospace manufacturing exported nearly $19B to 186 countries in 2023.
Defence activity represented 25% of total Canadian aerospace revenues in 2022.
The aerospace industry invested $1.2B in R&D in 2023.
Canada’s aerospace industry maintained its #1 R&D ranking among all Canadian manufacturing industries in 2023 .
Aerospace manufacturing R&D intensity and share of STEM employment were over 3.6X higher than the manufacturing average.
All data is from 2023 unless otherwise stated. Sources: Forecast International (2019–2025), 2024; ISED estimates based on latest revised data from Statistics Canada (2019–2023), 2024; Teal Group (2019–2025), 2024.; ISED economic model estimates (GDP in 2017 chained dollars) based on Statistics Canada’s 2019 Input-Output multipliers, 2024; ISED estimates based on latest revised data from Statistics Canada (2019–2023), 2024. ISED estimates based on latest revised data from Statistics Canada (2023), 2024. ISED estimates based on latest revised data from Statistics Canada and firm administrative data (2019–2023), 2024. Flight Global Civil Simulator Census (2021), 2023; Forecast International (2023), 2024; Teal Group (2023), 2024. ISED estimates based on latest revised data from Statistics Canada (2023), 2024; S&P Global, Global Trade Atlas (2023), 2024.
