OPEN LETTER TO MINISTER CHAMPAGNE ON PASSAGE OF BUDGET 2021July 7, 2021
The Honourable Francois Philippe Champagne
Minister of Innovation, Science and Industry
House of Commons
On behalf of our member companies, representing more than 95% of aerospace activity in Canada, generating 235,000 direct and indirect Canadian jobs, we extend our congratulations on the passage of Budget 2021 in the Senate.
As acknowledged in Budget 2021, Canada’s aerospace sector continues to be a key contributor to Canada’s overall economy, and indeed, to our country’s future economic recovery. Budget 2021 recognizes not only the role of aerospace to help drive economic activity and support jobs across the country, but also its unique ability to contribute to the development of world-changing innovation.
It is imperative that the important investments committed for the recovery and growth of aerospace are implemented as quickly, and strategically, as possible, including the final approval of the national aerospace innovation ecosystem, as announced in 2019 under the Strategic Innovation Fund. Additionally, industry is encouraging you Minister, to help ensure that space and defence procurement projects continue as planned which will also spur our country’s economic recovery.
Contributing nearly $28 billion in GDP to Canada’s economy on an annual basis, this sector is highly integrated in global supply chains exporting over 80% of its product to over 195 countries around the world.
AIAC, and our members nationwide, have been calling on the federal government to work in collaboration with industry on a national aerospace plan, as all of our global competitors are doing. A national aerospace plan will leverage our competitive advantages and position Canada for renewed global leadership in the emerging multi-trillion dollar aerospace sustainability market.
The time to act is now.
We look forward to your reply.
President & CEO
Aerospace Industries Association of Canada
cc: The Right Honourable Justin Trudeau, Prime Minister of Canada
cc: The Honourable Chrystia Freeland, Minister of Finance
cc: The Honourable Omar Alghabra, Minister of Transport