Industry Statistics
Canada’s aerospace industry contributed nearly $34B in GDP to the Canadian economy in 2024.
Canada’s aerospace industry provides employment for roughly 225,000 hard-working Canadians from coast-to-coast.
More than 75% of aerospace manufacturing revenues were export related in 2024.
Canada maintained its rank in the Top 5 across civil flight simulator, civil engine, and civil aircraft subsegments in 2024.
Canadian aerospace manufacturing exported nearly $26B to 166 countries in 2024.
Defence activity represented 17% of total Canadian aerospace revenues in 2022.
The aerospace industry invested $1.2B in R&D in 2024.
Canada’s aerospace industry maintained its #1 R&D ranking among all Canadian manufacturing industries in 2024 .
Aerospace manufacturing R&D intensity and share of STEM employment were over 2.8X higher than the manufacturing average.
All data is from 2024 unless otherwise stated. Sources: ISED estimates based on latest revised data from Statistics Canada Table 16-10-0047-01 (2020–2024), 2025; ISED estimates based on latest revised data from Statistics Canada Table 36-10-0434-03 (2020–2024), 2025; Statistics Canada Table 14-10-0220-01 (2020–2024), 2025; ISED economic model estimates based on Statistics Canada Table 36-10-0594-01 (2021), 2025; Statistics Canada Table 14-10-0202-01 (2023–2024), 2025; ISED estimates based on latest revised data from Statistics Canada Table 27-10-0333-01 and firm administrative data (2020–2024), 2025; Statistics Canada’s Labour Force Survey (2023–2024), 2025; Flight Global Civil Simulator Census 2021, 2025; Forecast International Dynamic Workbook for Custom Charts (Civil Aircraft, Rotorcraft, Aviation Gas Turbines) (2024), 2025; Teal Group Market History (2024), 2025; Statistics Canada’s Canadian Defence, Aerospace, Marine and Cybersecurity Industries Survey (2018, 2022), 2025; ISED estimates based on latest revised data from ISED’s Trade Data Online (2020–2024), 2025; S&P Global Global Trade Atlas (2024), 2025; Statistics Canada North American Industry Classification System (NAICS) Canada 2022 Version 1.0, 2025.
