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Canadian Aerospace Industry

The aerospace industry includes the development and production of aircraft, satellites, rockets and their component parts. Aerospace is a major component of Canada’s economy, employs tens of thousands of Canadians, and accounts for a large part of Canadian trade with foreign markets. Canada boasts a diverse aerospace sector and is one of just a few countries that produce airplanes. Through close partnership with the United States space agency, the National Aeronautics and Space Administration (NASA), Canada has also launched satellites as well as built sophisticated components used on the International Space Station.

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Bombardier Inc.

Bombardier Inc. is a manufacturer of private airplanes that was once among the world’s largest manufacturers of trains and commercial airplanes. Headquartered in Montreal, the company was originally incorporated as L’Auto-Neige Bombardier Limitée in 1942. Its founder, Joseph-Armand Bombardier, was a Québécois mechanical engineer who invented one of the first commercially viable snowmobiles. Bombardier Inc. grew considerably from its beginnings as a snowmobile manufacturer into an iconic Canadian company, known for its public transportation vehicles and jetliners. Facing financial troubles in the 21st century, however, it began to sell off parts of its business. In 2020, it made deals to sell the last of its assets outside its private-jet business, including its commercial plane and rail divisions.