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These two advanced manufacturing sectors directly employ more than 200,000 Canadians in good jobs that form the backbone of Canada's middle class. Even more are employed in the spinoffs from these two sectors -- both the suppliers to auto and aerospace, and the spending habits of its well-paid workers.
Canada is a vast country with ample resources, however political and economic machinery in this country are not open enough to create true and genuine marketplace for disruptive ideas. Cultural, artistic and intellectual innovation form the foundation of innovative economies. No nation can stay competitive and economically advanced while stagnating culturally and intellectually. Innovation requires taking risk and being open to new ideas. The biggest obstacles in the way of innovation in Canada are regressive and closed institutions.
MONTREAL - Bombardier said Friday that the first test flight of the CS300, the larger model of its new CSeries passenger jets, is expected in about a week.The Montreal-based aerospace and rail equipme...
Ever wonder how Canada's net federal debt reached $671 billion by 2013? Or how net provincial debt among the provinces ended up at $509 billion that same year? Wonder no more.
OTTAWA - The aerospace sector is under threat from ambitious international competitors and the space agency has "foundered" for a decade, says a review of one of the country's biggest industries.The a...
OTTAWA - Industry Canada is dampening expectations of how much the aerospace industry could reap from the troubled F-35 program, chopping more than US$2 billion off the Harper government's estimate.A...
MONTREAL - Aerospace industry-watchers said Monday that emerging power
OTTAWA - Manufacturing sales rose 2.7 per cent in July, ending three straight monthly declines as the Canadian industrial sector breathed back to life.Statistics Canada said Thursday that manufacturin...