- Bombardier contributed
$5.7B to Canada’s GDP, as well as 33,276 in full-time jobs in 20211 - Bombardier spent
$1.9B on goods and services provided by suppliers acrossCanada , of which 400 were located inQuébec and 240 inOntario 3 - Between 2022-2025, the company’s total economic contribution1 from manufacturing activities in
Canada is estimated at$25.2B in GDP - Bombardier is recruiting for some 400 high-value, skilled positions in
Canada and an additional 600 worldwide
Results for 2021, the year in which the company completed its transition to a pure play, market-leading business jet company, show that Bombardier’s total contribution reached
“We’re proud of the significant role Bombardier continues to play in growing high-paying jobs and wealth for Canadians – in the next three years, our strong manufacturing activities will contribute an estimated
Bombardier’s extensive economic footprint also encompasses its support for a broad network of specialized suppliers and subcontractors, from parts manufacturers to suppliers of high-performance alloys. In 2021, Bombardier spent
After aluminum and before iron, aircraft topped the list of exported manufactured products in
The study also projected that Bombardier will continue to make a strong economic contribution going forward. With demand for business jets trending strongly upward, Bombardier is currently forecasting revenues of
The report also emphasized Bombardier's leading role in developing the knowledge, innovation and expertise, which has directly strengthened the Canadian skilled talent pool and the aerospace ecosystem as a whole – innovation that is convincingly showcased in the company’s award-winning flagship aircraft, the Global 7500. Between 2022 and 2025, Bombardier is expected to continue this leadership, with projected average spending of
Beyond its significant contribution to GDP, high-value job creation, support for a broad network of aerospace suppliers and its leadership in innovation, Bombardier recently committed to achieving significant milestones in Environmental, Social, and Corporate Governance aimed at fostering sustainable development and the well being of its employees. Between 2016 and 2021, Bombardier and the
The PwC Canada report was commissioned by Bombardier and is available on the Bombardier website (download the report).
Endnotes:
All monetary values are expressed in Canadian dollars.
1 including direct, indirect and induced impacts
2 Institut de la Statistique du
3 Suppliers with whom Bombardier transacts
4 Industry
5 One “job-year” is defined as a year of full-time employment for one worker.
About Bombardier
Bombardier is a global leader in aviation, focused on designing, manufacturing and servicing the world's most exceptional business jets. Bombardier’s Challenger and Global aircraft families are renowned for their cutting-edge innovation, cabin design, performance and reliability. Bombardier has a worldwide fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. Bombardier aircraft are also trusted around the world in special-mission roles.
Headquartered in
For corporate news and information, including Bombardier’s Environmental, Social and Governance report, visit bombardier.com. Learn more about Bombardier’s industry-leading products and customer service network at businessaircraft.bombardier.com. Follow us on Twitter @Bombardier.
Bombardier, Global and Global 7500 are registered or unregistered trademarks of
For Information
Mark Masluch
Senior Director, Communications
Bombardier
+514 855 7167
Source:
2022 GlobeNewswire, Inc., source