aerospace lives here
TRANSCRIPT
AEROSPACE LIVES HERE Ontario is a place where global giants expand their operations and suppliers export the highest quality parts at competitive prices. Ontario manufacturers are part of the global supply chain for virtually every passenger aircraft in the world, and the aerospace industry works closely with academia to develop and commercialize new products and technology.
Home to leading aerospace and space companies, Ontario is a world leader in producing avionics, aerostructures, landing gear, MRO and modifications, aircraft engines, comprehensive unmanned aerial systems, and space systems and satellites.
ONTARIO’S AEROSPACE SECTOR BY THE NUMBERS
MORE THAN
$6 BILLION IN REVENUES
OVER 200 FIRMS EMPLOYING MORE THAN
44,000 DIRECT AND INDIRECT PEOPLE
$500 MILLION ANNUAL SPEND ON RESEARCH
AND DEVELOPMENT
MORE THAN
40 POST-SECONDARY PROGRAMS IN APPLIED AEROSPACE, AVIATION AND SPACE DISCIPLINES
3 OF THE TOP GLOBAL LANDING GEAR COMPANIES PRODUCING FULL OR MAJOR COMPONENTS
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ONTARIO EXPERTISE AND LEADERSHIP
The aerospace industry in Ontario has a proud history of innovation and technology leadership. Aerospace in Ontario is diversified and dynamic, with a talented, hard-working and innovative workforce, extensive infrastructure, and leading-edge R&D capabilities.
• Aircraft Final Assembly and Finishing
• Landing Gear
• Aerostructure Assembly and Integration
• Unmanned Aerial Vehicles and Systems
• Flight Control Systems
• Integrated Avionics Systems
• MRO and modifications
• Space Robotics Systems
• Space Communications Systems
THE TOP 5 REASONS TO CHOOSE ONTARIO
1. TALENT Ontario’s number one advantage is its people. Some of the best and brightest minds choose to call Ontario their home. In fact, 69% of adults possess a post-secondary education – a rate higher than any OECD country.
2. INNOVATION AND RECOGNIZED QUALITY Ontario has one of the most unique and collaborative innovation ecosystems on the planet where business, academia and government work together to drive
revolutionary ideas to market.
3. COMPETITIVE COSTS Ontario has some of the lowest corporate tax rates in North America where small and medium- sized manufacturers can also save up to 50% on their after-tax R&D expenditures. Global customers can source high quality products that are extremely cost competitive.
4. ACCESS TO GLOBAL MARKETS Open for business to the entire world, Ontario has free trade agreements with 50 countries and is only a short distance from major U.S. hubs.
5. DIVERSITY Ontario has welcomed people from over 150 countries and over 200 languages are spoken here. Ontario also has a highly diversified economy with a wide array of industry sectors.
WHO’S HERE
• Airbus
• Bombardier
• Precision Castparts Corp.
• Honeywell
• Raytheon Technologies
• L3Harris
• Leonardo
• Safran
• De Havilland Aircraft of Canada
• Mitsubishi Heavy Industries
• MDA
FOR MORE INFORMATION ABOUT ONTARIO’S AEROSPACE SECTOR:
1-416-313-3469 | 1-800-819-8701 (North America) @InvestOntario /company/investinontario/
InvestInOntario.com/aerospace [email protected]
All figures are in Canadian dollars unless otherwise noted. This information is accurate at the time of printing.
© Queen’s Printer for Ontario, 2020 ENG/07/20 Printed in Ontario, Canada.