Gaining Altitude in Unfriendly Skies
Prospects for Canada’s aerospace manufacturing industry are improving, powered by both higher defence spending and commercial aviation, with NATO commitments and domestic procurement creating a large, structural source of demand through 2030.
Will the industry’s growth be constrained by labour shortages, retiring skilled workers, and capacity limitations, causing employment growth to lag behind output gains? Are Canada–U.S. trade tensions prompting some restructuring of aerospace supply chains? What will place sustained upward pressure on aerospace prices? And will profitability in the industry improve despite higher labour and material costs, as growing demand, increased production volumes, and gradual gains in domestic value-added content offset pressure from tariffs and supply-chain disruptions?
Read the online experience for fuller details on aerospace manufacturing.
