Aerospace Value Proposition
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Invest in Canada
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#!.!$)!. !%2/30!#% 3%#4/2 2%#%.4 ).6%34-%.43 ). #!.!$! w )N %STERLINE#-# %LECTRONICS ANNOUNCED THAT IT WOULD INVEST NEARLY MILLION OVER THE NEXT l VE YEARS IN AN 2$ INITIATIVE IN 1UEBEC
7ITH 53 BILLION EXPECTED TO BE SPENT ON THE PRODUCTION OF CIVIL AIRCRAFT WORLDWIDE BETWEEN AND THE GLOBAL AEROSPACE SECTOR IS POISED FOR STRONG GROWTH #ANADAS AEROSPACE INDUSTRY WHICH INCLUDES OVER l RMS ACROSS THE COUNTRY AND A HIGHLY SKILLED WORKFORCE OF IS WELL EQUIPPED TO PLAY A LEADING ROLE IN MEETING THE RISING GLOBAL DEMAND
w "OEING 4ECHNOLOGY #ANADA EXPANDED PRODUCTION IN -ANITOBA WITH AN ESTIMATED NEW JOBS IN
)N #ANADAS AEROSPACE OUTPUT RANKED l FTH IN THE WORLD AS CIVIL MANUFACTURERS GENERATED REVENUES OF OVER BILLION )N THE SAME YEAR INVESTMENT IN 2$ AMOUNTED TO BILLION IN AEROSPACE AND DEFENCE
w 0RATT 7HITNEY #ANADA ANNOUNCED IN THAT IT WOULD COMMIT OVER MILLION OVER THE NEXT l VE YEARS TO ESTABLISH AN AEROSPACE CENTRE IN 1UEBEC 4HEY HAVE ALSO EXPANDED OPERATIONS IN .OVA 3COTIA WITH A NEW INVESTMENT TOTALLING MILLION IN
/VER PERCENT OF #ANADAS DOMESTIC PRODUCTION IS EXPORTED WORLDWIDEMORE THAN ANY OTHER COUNTRYS AEROSPACE INDUSTRY )N THE LAST SEVERAL YEARS THE BULK OF GROWTH IN THE #ANADIAN AEROSPACE SECTOR HAS BEEN IN MANUFACTURING KEEPING PACE WITH GLOBAL INVESTMENT TRENDS
w 'OODRICH !EROSPACE OF .ORTH #AROLINA ANNOUNCED A NEW MILLION 2$ PROJECT IN /NTARIO IN
-!*/2 ',/"!, ).6%34/23 ). #!.!$! !TLANTIS !EROSPACE "ELL (ELICOPTER "OEING #ANADA 4ECHNOLOGY %STERLINE#-# %LECTRONICS %UROCOPTER '% !VIATION 'OODRICH (ONEYWELL ,OCKHEED -ARTIN #ANADA -AGELLAN !EROSPACE -ESSIER $OWTY 0RATT 7HITNEY #ANADA 2OLLS 2OYCE 3TANDARD!ERO
+EY #APABILITIES 7ITHIN THE GLOBAL VALUE CHAIN #ANADIAN AEROSPACE l RMS HAVE DEVELOPED A NUMBER OF PRODUCT AND PROCESS RELATED SPECIALIZATIONS w 2EGIONAL AND CORPORATE AIRCRAFT #ANADIAN BASED "OMBARDIER IS A LEADER IN REGIONAL AND BUSINESS AIRCRAFT )TS #2* 2EGIONAL *ET IS USED BY OVER AIRLINES WORLDWIDE WITH OVER IN ACTIVE SERVICE w 'AS TURBINE ENGINES #ANADIAN l RMS SUPPLY ONE THIRD OF GLOBAL DEMAND FOR SMALL GAS TURBINE ENGINES w #OMMERCIAL m IGHT AND VISUAL SIMULATORS #ANADIAN MADE PRODUCTS HOLD A PERCENT SHARE OF THE WORLD MARKET FOR VISUAL SIMULATORS w #OMMERCIAL HELICOPTERS #ANADA PRODUCES OVER OF GLOBAL CIVIL TURBINE HELICOPTERS w ,ANDING GEAR #ANADA SUPPLIES CLOSE TO ONE THIRD OF THE WORLD DEMAND FOR LANDING GEAR INCLUDING MANUFACTURING PERCENT OF ALL LANDING GEAR FOR NEW LARGE AIRCRAFTS w 3TRUCTURAL ASSEMBLIES 3EVERAL INDUSTRY LEADERS PRODUCE A WIDE RANGE OF STRUCTURAL ASSEMBLIES IN #ANADA w !VIONICS INCLUDING PRODUCTION OF COMMUNICATIONS AND IN m IGHT ENTERTAINMENT SYSTEMS w !IRCRAFT ENGINE AND COMPONENT MAINTENANCE REPAIR AND OVERHAUL -2/ -AJOR -2/ FACILITIES IN #ANADA INCLUDE -AGELLAN !EROSPACE AND 3TANDARD!ERO
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#ANADAS AEROSPACE INDUSTRY RANKS l FTH IN WORLD OUTPUT WITH REVENUES OF OVER BILLION
-AGELLAN !EROSPACE #ORP
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7INNIPEG IS THE LARGEST AEROSPACE CLUSTER IN WESTERN #ANADA AND IS A MAJOR CENTRE IN .ORTH !MERICA FOR MANUFACTURING COMPOSITE AIRCRAFT COMPONENTS AND AIRCRAFT MAINTENANCE REPAIR AND OVERHAUL
)T IS HOME TO ONE OF "OEINGS TEN MAJOR GLOBAL SITES FOR COMMERCIAL AIRCRAFT ONE OF ONLY THREE SUCH SITES OUTSIDE THE 5NITED 3TATES "OEINGS COMPOSITE MANUFACTURING FACILITY IN 7INNIPEG IS THE LARGEST SUCH FACILITY IN .ORTH !MERICA 4HE CLUSTER DIRECTLY EMPLOYS APPROXIMATELY PEOPLE LED BY FOUR GLOBAL LEADING lRMS"OEING 4ECHNOLOGY #ANADA -AGELLAN !EROSPACE !VEOS AND 3TANDARD!ERO ONE OF THE LARGEST INDEPENDENT -2/ lRMS IN THE WORLDPLUS OTHER ESTABLISHED REGIONAL AND NATIONAL lRMS AND SEVERAL MID SIZED AEROSPACE SUPPLIERS
"RITISH #OLUMBIA "# 'REATER 6ANCOUVER THE PROVINCES MAIN AEROSPACE CLUSTER BENElTS FROM ITS PROXIMITY TO "OEINGS HOME IN NEIGHBOURING 7ASHINGTON 3TATE 4HE CLUSTERS AEROSPACE STRENGTHS INCLUDE HELICOPTER SERVICES AERO ENGINE OVERHAUL MULTI ROLE AIRCRAFT MAINTENANCE REPAIR AND OVERHAUL SPACE SYSTEMS AND ADVANCED COMPOSITE AEROSTRUCTURES 4HE INDUSTRY HERE IS ALSO SUPPORTED BY ONE OF #ANADAS LARGEST AEROSPACE TRAINING CENTRES AT THE "RITISH #OLUMBIA )NSTITUTE OF 4ECHNOLOGY
3ASKATCHEWAN
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3ASKATCHEWANS AEROSPACE COMPANIES OPERATE IN SATELLITE TECHNOLOGY WIRELESS COMMUNICATION SYSTEMS ATMOSPHERIC RESEARCH AND TESTING SYNCHROTRON RESEARCH AND DEVELOPMENT MICROELECTROMECHANICAL DEVICES BUILDING STRUCTURES CASES AND HARNESSES MINI UNMANNED AERIAL VEHICLES AND TRAINING PROGRAMS 4HESE ORGANIZATIONS EMPLOY APPROXIMATELY PEOPLE 4HE PROVINCES AEROSPACE COMPANIES ARE LOCATED NEAR 3ASKATOON INCLUDING 3%$ 3YSTEMS 6ECIMA .ETWORKS 3CIENTIlC )NSTRUMENTATIONS 3UMMIT 3TRUCTURES 3"# #ASE AND $RAGANmY )NNOVATIONS
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!LBERTAS AEROSPACE AND DEFENCE INDUSTRY CONTRIBUTES BILLION IN REVENUE YEARLY TO THE ECONOMY AS WELL AS OVER JOBS EXCLUSIVE OF AIRLINES AND AIRPORTS AND EXPORTS PERCENT OF ITS OUTPUT 4HE PROVINCE OFFERS COMPETITIVE STRENGTHS IN ROBOTICS AND UNMANNED VEHICLE SYSTEMS 563 SPACE SCIENCE GEOMATICS AND NAVIGATION SYSTEMS AND MAINTENANCE REPAIR AND OVERHAUL /VER AEROSPACE COMPANIES ARE LOCATED IN AND AROUND #ALGARY ALONE WITH STRONG CLUSTERS IN MAINTENANCE REPAIR AND OVERHAUL AND INFORMATION COMMUNICATION TECHNOLOGY -AJOR AEROSPACE COMPANIES IN !LBERTA INCLUDE !4#/ &RONTEC &IELD !VIATION )42%3 )UNCTUS 'EOMATICS 0RATT 7HITNEY .OV!TEL AND 2AYTHEON
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,EADING "# AEROSPACE lRMS INCLUDE !3#/ !EROSPACE !VCORP )NDUSTRIES #ASCADE !EROSPACE #(# (ELICOPTER +ELOWNA &LIGHTCRAFT -$! #ORP -45 -AINTENANCE 6ECTOR !EROSPACE AND 6IKING !IR
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-ONTRÏAL IS THE HUB OF #ANADAS LARGEST AEROSPACE CLUSTER AND IS RENOWNED FOR ITS EXPERTISE IN AIRCRAFT ASSEMBLY ENGINE MANUFACTURING MAINTENANCE REPAIR AND OVERHAUL AVIONICS AND LANDING GEAR /VER EMPLOYEES WORK IN 1UEBECS AEROSPACE INDUSTRY FOR lRMS SUCH AS "OMBARDIER !EROSPACE "ELL (ELICOPTER 4EXTRON #ANADA 0RATT 7HITNEY #ANADA 2OLLS 2OYCE #ANADA AND #!% )N ALONE 1UEBECS AEROSPACE EXPORTS TOTALLED OVER BILLION -ONTRÏAL IS HOME TO MORE THAN AEROSPACE RESEARCH CENTERS INCLUDING THE #ANADIAN 3PACE !GENCY THE !EROSPACE -ANUFACTURING 4ECHNOLOGY #ENTRE AND THE #ONSORTIUM FOR 2ESEARCH AND )NNOVATION IN !EROSPACE IN 1UEBEC -ONTRÏAL ALSO HAS A WELL INTEGRATED NETWORK OF SUPPORT AGENCIES HOSTING THE 1UEBEC !EROSPACE !SSOCIATION !ÏRO -ONTRÏAL AND THE HEADQUARTERS OF THE )NTERNATIONAL !IR 4RANSPORT !SSOCIATION )!4! THE )NTERNATIONAL "USINESS !VIATION #OUNCIL )"!# AND THE )NTERNATIONAL #IVIL !VIATION /RGANIZATION
/NTARIO 3OUTHWESTERN /NTARIO REPRESENTS #ANADAS SECOND LARGEST AEROSPACE CLUSTER WITH OVER lRMS EMPLOYING MORE THAN SKILLED EMPLOYEES 4ORONTO THE CORE OF THIS CLUSTER HAS KEY STRENGTHS IN AIRCRAFT PARTS MANUFACTURING AIRCRAFT SYSTEMS DEVELOPMENT AND MAINTENANCE AND OVERHAUL 4ORONTO ALSO HOSTS MANY WORLD LEADING AEROSPACE lRMS SUCH AS "OMBARDIER !EROSPACE 0RATT 7HITNEY #ANADA (ONEYWELL #ANADA -AGELLAN AND .ORTHSTAR !EROSPACE 4HE 5NIVERSITY OF 4ORONTO )NSTITUTE FOR !EROSPACE 3TUDY AND 2YERSON 5NIVERSITYS )NSTITUTE FOR !EROSPACE $ESIGN AND )NNOVATION COLLABORATE WITH INDUSTRY PARTNERS ON NUMEROUS 2$ PROJECTS
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0RINCE %DWARD )SLAND 4HE #HARLOTTETOWN CLUSTER SPECIALIZES IN ENGINE MAINTENANCE REPAIR AND OVERHAUL AND THE MANUFACTURING OF PRECISION COMPONENTS ENGINE COATINGS AND AIRPLANE INTERIORS .INE AEROSPACE lRMS INCLUDING (ONEYWELL #ANADA AND 6ECTOR !EROSPACE %NGINE 3ERVICES !TLANTIC OPERATE IN THE PROVINCE SPECIlCALLY AS A PART OF 3LEMON 0ARK hHOME OF 0RINCE %DWARD )SLANDS AEROSPACE INDUSTRYv (OLLAND #OLLEGES !EROSPACE 4ECHNOLOGY #ENTRE PROVIDES A RANGE OF TRAINING OPPORTUNITIES FOR THE BURGEONING AEROSPACE INDUSTRY
).6%34-%.4 ,/#!4)/. "%.#(-!2+).' -%4(/$/,/'9 4HIS BENCHMARKING STUDY ASSESSES THE COMPETITIVENESS OF A NUMBER OF #ANADIAN CLUSTERS AGAINST COMPETING INTERNATIONAL BUSINESS LOCATIONS "ASED ON AN INVESTORS PERSPECTIVE THE RESEARCH AND ANALYSIS USES A REPRESENTATIVE INVESTMENT PROJECT PROTOTYPE AN OPERATION THAT MANUFACTURES HIGH VALUE ADDED AEROSPACE COMPONENTSSEE PROl LES ON PAGE TO ASSESS CRITERIA THAT CORPORATE DECISION MAKERS TYPICALLY EXAMINE WHEN EVALUATING LOCATION ALTERNATIVES FOR FOREIGN INVESTMENT 4HIS INTERNATIONAL LOCATION BENCHMARKING EXERCISE WAS CONDUCTED BY )"- 0LANT ,OCATION )NTERNATIONAL )"- 0,) A RENOWNED GLOBAL LOCATION CONSULTANCY )"- 0,) PERFORMED OBJECTIVE RESEARCH TO ASSESS THE COMPARATIVE COST AND QUALITY OF DOING BUSINESS IN VARIOUS LOCATIONS SIMULATING THE APPROACH USED BY INVESTORS WHEN SCREENING CANDIDATES FOR CORPORATE INVESTMENT PROJECTS 4HE BENCHMARKING STUDY EXAMINED TO l NANCIAL AND QUALITATIVE LOCATION INDICATORS IN THE ASSESSMENT OF EACH INDUSTRY SUBSECTOR 4O ASSESS THE QUALITY OF A LOCATIONS OPERATING BUSINESS ENVIRONMENT DATA WERE COLLECTED FROM A VARIETY OF SOURCES FOR THE DIFFERENT SUBFACTORS IN EACH OF THE CATEGORIES FEATURED IN THE OPERATING ENVIRONMENT TABLE PAGE $ATA FOR THE QUALITATIVE ASSESSMENT WERE TRANSLATED INTO COMPARABLE SCORINGS ZERO TO FOR EACH CATEGORY AND SUBFACTOR USING A WEIGHTED SCOREBOARD APPROACH 7EIGHTS WERE ASSIGNED TO EACH LOCATION CATEGORY AND SUBFACTOR TO DEMONSTRATE THEIR RELATIVE IMPORTANCE IN THE LOCATION SELECTION PROCESS 4HESE WEIGHTS ARE SPECIl C TO EACH INDUSTRY SUBSECTOR AND ARE BASED ON )"- 0,)S EXPERIENCE IN HELPING INVESTORS MAKE STRATEGIC DECISIONS WHEN CHOOSING LOCATIONS ! HIGH LEVEL l NANCIAL ANALYSIS WAS ALSO COMPLETED TO TAKE INTO ACCOUNT MAJOR LOCATION SENSITIVE INVESTMENT AND OPERATING COSTS AND REVENUES FOR EACH REPRESENTATIVE PROJECT PROl LE #ASH m OW PROJECTIONS HAVE BEEN CALCULATED AND DISCOUNTED OVER A YEAR PERIOD INCORPORATING ANTICIPATED INm ATION RATES TO DETERMINE THEIR NET PRESENT VALUE AND TO ASSESS THE PROl TABILITY OF THE PROJECT IN EACH OF THE BENCHMARKED LOCATIONS
BENCHMARKING THE COMPARATIVE COST AND QUALITY OF DOING BUSINESS IN GLOBAL LOCATIONS
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#ANADIAN .ON #ANADIAN # 53 -8.
! BETTER RETURN ON YOUR INVESTMENT !MONG LEADING AEROSPACE CLUSTERS IN .ORTH !MERICA #ANADIAN CITIES LIKE 3ASKATOON 7INNIPEG #HARLOTTETOWN #ALGARY -ONTRÏAL (ALIFAX AND 6ANCOUVER REPRESENT SOME OF THE MOST l NANCIALLY ATTRACTIVE LOCATIONS FOR AEROSPACE INVESTORS 4HESE CITIES TOGETHER
WITH 4ORONTO REPRESENT EIGHT OF THE STRONGEST PROPOSITIONS IN .ORTH !MERICA 4HE -EXICAN CITY OF 1UERETARO MAY PROVIDE THE HIGHEST PROl TABILITY OVERALL BUT THIS SHOULD BE CONSIDERED IN THE CONTEXT OF QUALITATIVE TRADE OFFS REQUIRED TO ACHIEVE THE POTENTIAL BENEl T
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,IVING ENVIRONMENT 2EAL ESTATE )NFRASTRUCTURE COMMUNICATIONS &LEXIBILITY OF LABOUR REGULATIONS 0RESENCE OF INDUSTRYCLUSTER ,OCAL POTENTIAL TO RECRUIT SKILLED STAFF 'ENERAL BUSINESS ENVIRONMENT
3TRONG CLUSTERS WITH A WEALTH OF EXPERTISE 3EVERAL #ANADIAN CLUSTERS ARE AMONG THE TOP RANKED IN .ORTH !MERICA #OMPARED TO MANY OTHER LOCATIONS #ANADAS THREE LARGEST CITIES 4ORONTO -ONTRÏAL AND 6ANCOUVER ALSO PROVIDE ACCESS TO LARGE POOLS OF POTENTIAL EMPLOYEES EXPERIENCED IN THE MANUFACTURING
5NLESS OTHERWISE NOTED GRAPHS REPRESENT )"- 0,) ASSESSMENT SCORES
OF AEROSPACE COMPONENTS #ANADIAN CITIES SUCH AS 7INNIPEG AND #ALGARY COMPARE FAVOURABLY WITH CITIES OF SIMILAR SIZE IN .ORTH !MERICA IN AREAS SUCH AS THE PRESENCE OF RELATED INDUSTRIES OR CLUSTERS
#!.!$!3 6!,5% 02/0/3)4)/. %STIMATED ANNUAL LABOUR COSTS HIGHEST RANKING CITIES
#ANADIAN .ON #ANADIAN # 53 -8.
#OMPETITIVE LABOUR COSTS 4HE CALCULATION OF ESTIMATED ANNUAL LABOUR COSTS FOR A TYPICAL AEROSPACE COMPONENT MANUFACTURING OPERATION SHOWS THE SIGNIl CANT COST SAVINGS THAT SEVERAL #ANADIAN LOCATIONS CAN PROVIDE COMPARED TO PROMINENT 53 ALTERNATIVES !N IMPORTANT CONTRIBUTOR TO #ANADAS LABOUR COST ADVANTAGE RELATIVE TO THE 5NITED 3TATES STEMS FROM THE LOWER COSTS OF PROVIDING EMPLOYEE BENEl TS )N #ANADA MOST MEDICAL INSURANCE IS PUBLICLY FUNDED RATHER THAN PAID BY THE EMPLOYER RESULTING IN SIGNIl CANT SAVINGS FOR EMPLOYERS
! SKILLED AND MOTIVATED WORKFORCE ! CRITICAL CONSIDERATION WHEN ESTABLISHING NEW AEROSPACE EQUIPMENT MANUFACTURING FACILITIES IS THE AREAS AVAILABILITY OF POTENTIAL EMPLOYEES EXPERIENCED IN THE MANUFACTURING OF TRANSPORTATION EQUIPMENT WHETHER AEROSPACE MOTOR VEHICLES RAILROAD SHIPS OR OTHER AS WELL AS THE AVAILABILITY OF LABOUR EXPERIENCED IN FABRICATED METAL MANUFACTURING ELECTRONIC PRODUCT MANUFACTURING ELECTRICAL EQUIPMENT APPLIANCE AND OTHER RELATED OPERATIONS 3UCH EMPLOYEES FORM THE POOL OF TRAINABLE STAFF FOR A NEW OPERATION
0RESENCE OF EXPERIENCED MANUFACTURING EMPLOYEES HIGHEST RANKING CITIES
#ANADIAN .ON #ANADIAN
(OME TO A HIGHLY PRODUCTIVE AND SKILLED MANUFACTURING WORKFORCE #ANADA HAS SEVERAL CITIES THAT OFFER LARGE POOLS OF THESE TRAINABLE EMPLOYEES
0RESENCE OF INDUSTRY BASECLUSTER HIGHEST RANKING CITIES
3TRONG INDUSTRY PRESENCE 4HE PRESENCE OF A STRONG INDUSTRY BASE IS ANOTHER IMPORTANT CONSIDERATION WHEN ASSESSING AEROSPACE MANUFACTURING LOCATIONS -ANY FACTORS PLAY A KEY ROLE INCLUDING PROXIMITY TO PURCHASERS OF AEROSPACE COMPONENTS ACCESS TO STEEL IRON AND ALUMINIUM PRODUCTION AND MANUFACTURING OPERATIONS ACCESS TO ELECTRICAL COMPONENT MANUFACTURERS SIZE OF THE AEROSPACE INDUSTRY AND 2$
#ANADIAN .ON #ANADIAN
5NLESS OTHERWISE NOTED GRAPHS REPRESENT )"- 0,) ASSESSMENT SCORES
#ANADIAN CITES SUCH AS 4ORONTO -ONTRÏAL 6ANCOUVER 7INNIPEG AND #ALGARY HOST LARGE TRANSPORTATION EQUIPMENT CLUSTERS THAT FORM POTENTIAL MARKETS FOR HIGH VALUE ADDED AEROSPACE COMPONENTS -ANY #ANADIAN CITIES ARE ALSO HOME TO A LARGE NUMBER OF ESTABLISHMENTS PRODUCING AEROSPACE PRODUCTS AND PARTS THAT FORM IMPORTANT CLUSTERS
#!.!$!3 6!,5% 02/0/3)4)/. 2ESEARCH AND DEVELOPMENT HIGHEST RANKING CITIES
#UTTING EDGE 2$ #ANADA INVESTS BILLIONS OF DOLLARS IN UNIVERSITIES EVERY YEAR TO ENSURE THAT INVESTORS HAVE ACCESS TO SOME OF THE BEST TALENT AND RESEARCH AND DEVELOPMENT INFRASTRUCTURE IN THE WORLD 5NIVERSITY SUPPORT IN TERMS OF ACADEMIC PROGRAMS AND 2$ SPENDING IN AREAS RELATED TO AEROSPACE IS A KEY STRENGTH FOR SEVERAL #ANADIAN LOCATIONS )"- 0,)S STUDY REVEALS THAT 4ORONTO -ONTRÏAL #ALGARY 6ANCOUVER (ALIFAX AND #HARLOTTETOWN SCORE WELL IN AN EVALUATION OF UNIVERSITY RESEARCH DEVELOPMENT 4HIS ASSESSMENT CONSIDERS THE PER CAPITA SPENDING ON 2$ AND PATENTS GENERATED RELATED TO AEROSPACE
#ANADIAN .ON #ANADIAN
)N #ANADA ANNOUNCED A NEW MILLION 3TRATEGIC !EROSPACE AND $EFENCE )NITIATIVE 3!$) DESIGNED TO SUPPORT AEROSPACE 2$ IN #ANADA OVER THE NEXT l VE YEARS
-ARKETS OF OPPORTUNITY
0ROXIMITY TO MARKET HIGHEST RANKING CITIES
)N THE MANUFACTURING OF HIGH VALUE ADDED COMPONENTS PROXIMITY TO CUSTOMERS IS IMPORTANT 3EVERAL #ANADIAN CITIES RANK IN THE TOP TEN IN )"- 0,)S EVALUATION OF MARKET PROXIMITY
#ANADIAN .ON #ANADIAN
! CONDUCIVE BUSINESS ENVIRONMENT
-ARKET PROXIMITY CONSIDERS THE POTENTIAL PURCHASERS OF HIGH VALUE ADDED AEROSPACE COMPONENTS TAKING INTO ACCOUNT THE NUMBER OF ESTABLISHMENTS INVOLVED WITH TRANSPORT EQUIPMENT MANUFACTURING INCLUDING AEROSPACE AND OTHER TYPES OF MANUFACTURERS AND THE NUMBER OF DEDICATED AEROSPACE MANUFACTURING FACILITIES
'ENERAL BUSINESS ENVIRONMENT HIGHEST RANKING CITIES
4HANKS TO ITS SOLID AND DYNAMIC ECONOMY LOW CORPORATE TAX RATES GENEROUS 2$ INCENTIVES QUALITY SUPPORT FROM LOCAL GOVERNMENTS AND DEVELOPMENT AGENCIES AND PROTECTION OF INTELLECTUAL PROPERTY RIGHTS #ANADA HAS FOSTERED A BUSINESS ENVIRONMENT THAT ALLOWS COMPANIES TO INVEST AND GROW !S THE LEADER IN '$0 GROWTH AMONG ' COUNTRIES OVER THE LAST DECADE AND WITH THE WORLDS SOUNDEST BANKING SYSTEM #ANADA PROVIDES A STABLE AND STRONG BUSINESS ENVIRONMENT THAT OFFERS TREMENDOUS GROWTH POTENTIAL AND PEACE OF MIND FOR BUSINESS INVESTMENT #HARLOTTETOWN AND (ALIFAX RANK PARTICULARLY WELL BECAUSE OF THEIR VERY SUPPORTIVE LOCAL ECONOMIC DEVELOPMENT NETWORK
5NLESS OTHERWISE NOTED GRAPHS REPRESENT )"- 0,) ASSESSMENT SCORES 7ORLD %CONOMIC &ORUM 'LOBAL #OMPETITIVENESS 2EPORT /CTOBER
#ANADIAN .ON #ANADIAN
)NVEST IN #ANADA AT YOUR SERVICE 7E OFFER THE FOLLOWING VALUABLE SERVICES TO OUR CLIENTS q STRATEGIC MARKET INTELLIGENCE ON YOUR SPECIFIC SECTOR q DIRECT CONTACT WITH KEY DECISION MAKERS IN THE GOVERNMENT q REFERRALS TO CONTACTS IN FIRMS AND INDUSTRY ASSOCIATIONS AS WELL AS EXPERTS q INFORMATION AND ADVICE ON SETTING UP A BUSINESS IN #ANADA q HELP IN IDENTIFYING A SUITABLE PLACE IN WHICH TO INVEST q ASSISTANCE IN DEVELOPING A BUSINESS CASE FOR YOUR NEXT INVESTMENT DECISION
/UR GLOBAL NETWORK WILL SHOW YOU WHY #ANADA IS YOUR STRATEGIC CHOICE FOR GROWTH 4O REACH AN INVESTMENT OFFICER IN YOUR MARKET PLEASE VISIT
)NVEST IN #ANADA "UREAU &OREIGN !FFAIRS AND )NTERNATIONAL 4RADE #ANADA 3USSEX $RIVE /TTAWA /. #ANADA +. * %MAIL INVESTINCANADA INTERNATIONALGCCA 7EBSITE WWWINVESTINCANADACOM
#ATALOGUE .UMBER &2 % 0$& )3". .UMBER
4HIS PUBLICATION WAS PREPARED BY )NVEST IN #ANADA IN COOPERATION WITH )"- 0,) 4HE DOCUMENT COVERS A WIDE RANGE OF ISSUES AND IS NOT INTENDED TO BE A DETAILED NOR AN EXHAUSTIVE REFERENCE !CCORDINGLY BEFORE RELYING ON THE MATERIAL HEREIN READERS SHOULD INDEPENDENTLY VERIFY ITS ACCURACY CURRENCY AND RELEVANCE FOR THEIR PURPOSES AND SHOULD SEEK APPROPRIATE PROFESSIONAL ADVICE !NY REFERENCE TO COMPANIES OR INVESTMENTS IS FOR ILLUSTRATIVE PURPOSES ONLY AND DOES NOT CONSTITUTE AN ENDORSEMENT OF THOSE COMPANIES OR INVESTMENTS $ETAILS OF SOURCES FOR ALL QUOTED FACTS AND FIGURES ARE AVAILABLE UPON REQUEST 4HE 'OVERNMENT OF #ANADA DOES NOT ACCEPT ANY LIABILITY IN RELATION TO THE CONTENTS OF THIS WORK 4HIS PUBLICATION IS PRINTED ON RECYCLED PAPER AND IS AVAILABLE IN MULTIPLE LANGUAGES INCLUDING &RENCH ¥ (ER -AJESTY THE 1UEEN IN 2IGHT OF #ANADA AS REPRESENTED BY THE -INISTER OF )NTERNATIONAL 4RADE
"OMBARDIERS #2* ASSEMBLY PLANT 1UEBEC #ANADA
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#!.!$)!. !%2/30!#% 3%#4/2 2%#%.4 ).6%34-%.43 ). #!.!$! w )N %STERLINE#-# %LECTRONICS ANNOUNCED THAT IT WOULD INVEST NEARLY MILLION OVER THE NEXT l VE YEARS IN AN 2$ INITIATIVE IN 1UEBEC
7ITH 53 BILLION EXPECTED TO BE SPENT ON THE PRODUCTION OF CIVIL AIRCRAFT WORLDWIDE BETWEEN AND THE GLOBAL AEROSPACE SECTOR IS POISED FOR STRONG GROWTH #ANADAS AEROSPACE INDUSTRY WHICH INCLUDES OVER l RMS ACROSS THE COUNTRY AND A HIGHLY SKILLED WORKFORCE OF IS WELL EQUIPPED TO PLAY A LEADING ROLE IN MEETING THE RISING GLOBAL DEMAND
w "OEING 4ECHNOLOGY #ANADA EXPANDED PRODUCTION IN -ANITOBA WITH AN ESTIMATED NEW JOBS IN
)N #ANADAS AEROSPACE OUTPUT RANKED l FTH IN THE WORLD AS CIVIL MANUFACTURERS GENERATED REVENUES OF OVER BILLION )N THE SAME YEAR INVESTMENT IN 2$ AMOUNTED TO BILLION IN AEROSPACE AND DEFENCE
w 0RATT 7HITNEY #ANADA ANNOUNCED IN THAT IT WOULD COMMIT OVER MILLION OVER THE NEXT l VE YEARS TO ESTABLISH AN AEROSPACE CENTRE IN 1UEBEC 4HEY HAVE ALSO EXPANDED OPERATIONS IN .OVA 3COTIA WITH A NEW INVESTMENT TOTALLING MILLION IN
/VER PERCENT OF #ANADAS DOMESTIC PRODUCTION IS EXPORTED WORLDWIDEMORE THAN ANY OTHER COUNTRYS AEROSPACE INDUSTRY )N THE LAST SEVERAL YEARS THE BULK OF GROWTH IN THE #ANADIAN AEROSPACE SECTOR HAS BEEN IN MANUFACTURING KEEPING PACE WITH GLOBAL INVESTMENT TRENDS
w 'OODRICH !EROSPACE OF .ORTH #AROLINA ANNOUNCED A NEW MILLION 2$ PROJECT IN /NTARIO IN
-!*/2 ',/"!, ).6%34/23 ). #!.!$! !TLANTIS !EROSPACE "ELL (ELICOPTER "OEING #ANADA 4ECHNOLOGY %STERLINE#-# %LECTRONICS %UROCOPTER '% !VIATION 'OODRICH (ONEYWELL ,OCKHEED -ARTIN #ANADA -AGELLAN !EROSPACE -ESSIER $OWTY 0RATT 7HITNEY #ANADA 2OLLS 2OYCE 3TANDARD!ERO
+EY #APABILITIES 7ITHIN THE GLOBAL VALUE CHAIN #ANADIAN AEROSPACE l RMS HAVE DEVELOPED A NUMBER OF PRODUCT AND PROCESS RELATED SPECIALIZATIONS w 2EGIONAL AND CORPORATE AIRCRAFT #ANADIAN BASED "OMBARDIER IS A LEADER IN REGIONAL AND BUSINESS AIRCRAFT )TS #2* 2EGIONAL *ET IS USED BY OVER AIRLINES WORLDWIDE WITH OVER IN ACTIVE SERVICE w 'AS TURBINE ENGINES #ANADIAN l RMS SUPPLY ONE THIRD OF GLOBAL DEMAND FOR SMALL GAS TURBINE ENGINES w #OMMERCIAL m IGHT AND VISUAL SIMULATORS #ANADIAN MADE PRODUCTS HOLD A PERCENT SHARE OF THE WORLD MARKET FOR VISUAL SIMULATORS w #OMMERCIAL HELICOPTERS #ANADA PRODUCES OVER OF GLOBAL CIVIL TURBINE HELICOPTERS w ,ANDING GEAR #ANADA SUPPLIES CLOSE TO ONE THIRD OF THE WORLD DEMAND FOR LANDING GEAR INCLUDING MANUFACTURING PERCENT OF ALL LANDING GEAR FOR NEW LARGE AIRCRAFTS w 3TRUCTURAL ASSEMBLIES 3EVERAL INDUSTRY LEADERS PRODUCE A WIDE RANGE OF STRUCTURAL ASSEMBLIES IN #ANADA w !VIONICS INCLUDING PRODUCTION OF COMMUNICATIONS AND IN m IGHT ENTERTAINMENT SYSTEMS w !IRCRAFT ENGINE AND COMPONENT MAINTENANCE REPAIR AND OVERHAUL -2/ -AJOR -2/ FACILITIES IN #ANADA INCLUDE -AGELLAN !EROSPACE AND 3TANDARD!ERO
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#ANADAS AEROSPACE INDUSTRY RANKS l FTH IN WORLD OUTPUT WITH REVENUES OF OVER BILLION
-AGELLAN !EROSPACE #ORP
4EAL 'ROUP #ORPORATION 5NLESS OTHERWISE NOTED ALL VALUES ARE IN #ANADIAN DOLLARS !EROSPACE )NDUSTRIES !SSOCIATION OF #ANADA !EROSPACE )NDUSTRY 0ERFORMANCE 5NLESS OTHERWISE NOTED INFORMATION PERTAINS TO CIVIL AEROSPACE INDUSTRY ONLY
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7INNIPEG IS THE LARGEST AEROSPACE CLUSTER IN WESTERN #ANADA AND IS A MAJOR CENTRE IN .ORTH !MERICA FOR MANUFACTURING COMPOSITE AIRCRAFT COMPONENTS AND AIRCRAFT MAINTENANCE REPAIR AND OVERHAUL
)T IS HOME TO ONE OF "OEINGS TEN MAJOR GLOBAL SITES FOR COMMERCIAL AIRCRAFT ONE OF ONLY THREE SUCH SITES OUTSIDE THE 5NITED 3TATES "OEINGS COMPOSITE MANUFACTURING FACILITY IN 7INNIPEG IS THE LARGEST SUCH FACILITY IN .ORTH !MERICA 4HE CLUSTER DIRECTLY EMPLOYS APPROXIMATELY PEOPLE LED BY FOUR GLOBAL LEADING lRMS"OEING 4ECHNOLOGY #ANADA -AGELLAN !EROSPACE !VEOS AND 3TANDARD!ERO ONE OF THE LARGEST INDEPENDENT -2/ lRMS IN THE WORLDPLUS OTHER ESTABLISHED REGIONAL AND NATIONAL lRMS AND SEVERAL MID SIZED AEROSPACE SUPPLIERS
"RITISH #OLUMBIA "# 'REATER 6ANCOUVER THE PROVINCES MAIN AEROSPACE CLUSTER BENElTS FROM ITS PROXIMITY TO "OEINGS HOME IN NEIGHBOURING 7ASHINGTON 3TATE 4HE CLUSTERS AEROSPACE STRENGTHS INCLUDE HELICOPTER SERVICES AERO ENGINE OVERHAUL MULTI ROLE AIRCRAFT MAINTENANCE REPAIR AND OVERHAUL SPACE SYSTEMS AND ADVANCED COMPOSITE AEROSTRUCTURES 4HE INDUSTRY HERE IS ALSO SUPPORTED BY ONE OF #ANADAS LARGEST AEROSPACE TRAINING CENTRES AT THE "RITISH #OLUMBIA )NSTITUTE OF 4ECHNOLOGY
3ASKATCHEWAN
5 NI
TED 3 TATES OF !MERI
3ASKATCHEWANS AEROSPACE COMPANIES OPERATE IN SATELLITE TECHNOLOGY WIRELESS COMMUNICATION SYSTEMS ATMOSPHERIC RESEARCH AND TESTING SYNCHROTRON RESEARCH AND DEVELOPMENT MICROELECTROMECHANICAL DEVICES BUILDING STRUCTURES CASES AND HARNESSES MINI UNMANNED AERIAL VEHICLES AND TRAINING PROGRAMS 4HESE ORGANIZATIONS EMPLOY APPROXIMATELY PEOPLE 4HE PROVINCES AEROSPACE COMPANIES ARE LOCATED NEAR 3ASKATOON INCLUDING 3%$ 3YSTEMS 6ECIMA .ETWORKS 3CIENTIlC )NSTRUMENTATIONS 3UMMIT 3TRUCTURES 3"# #ASE AND $RAGANmY )NNOVATIONS
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!LBERTAS AEROSPACE AND DEFENCE INDUSTRY CONTRIBUTES BILLION IN REVENUE YEARLY TO THE ECONOMY AS WELL AS OVER JOBS EXCLUSIVE OF AIRLINES AND AIRPORTS AND EXPORTS PERCENT OF ITS OUTPUT 4HE PROVINCE OFFERS COMPETITIVE STRENGTHS IN ROBOTICS AND UNMANNED VEHICLE SYSTEMS 563 SPACE SCIENCE GEOMATICS AND NAVIGATION SYSTEMS AND MAINTENANCE REPAIR AND OVERHAUL /VER AEROSPACE COMPANIES ARE LOCATED IN AND AROUND #ALGARY ALONE WITH STRONG CLUSTERS IN MAINTENANCE REPAIR AND OVERHAUL AND INFORMATION COMMUNICATION TECHNOLOGY -AJOR AEROSPACE COMPANIES IN !LBERTA INCLUDE !4#/ &RONTEC &IELD !VIATION )42%3 )UNCTUS 'EOMATICS 0RATT 7HITNEY .OV!TEL AND 2AYTHEON
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,EADING "# AEROSPACE lRMS INCLUDE !3#/ !EROSPACE !VCORP )NDUSTRIES #ASCADE !EROSPACE #(# (ELICOPTER +ELOWNA &LIGHTCRAFT -$! #ORP -45 -AINTENANCE 6ECTOR !EROSPACE AND 6IKING !IR
#!.!$)!. #,53 #!.!$)!. #,53 1UEBEC
-ONTRÏAL IS THE HUB OF #ANADAS LARGEST AEROSPACE CLUSTER AND IS RENOWNED FOR ITS EXPERTISE IN AIRCRAFT ASSEMBLY ENGINE MANUFACTURING MAINTENANCE REPAIR AND OVERHAUL AVIONICS AND LANDING GEAR /VER EMPLOYEES WORK IN 1UEBECS AEROSPACE INDUSTRY FOR lRMS SUCH AS "OMBARDIER !EROSPACE "ELL (ELICOPTER 4EXTRON #ANADA 0RATT 7HITNEY #ANADA 2OLLS 2OYCE #ANADA AND #!% )N ALONE 1UEBECS AEROSPACE EXPORTS TOTALLED OVER BILLION -ONTRÏAL IS HOME TO MORE THAN AEROSPACE RESEARCH CENTERS INCLUDING THE #ANADIAN 3PACE !GENCY THE !EROSPACE -ANUFACTURING 4ECHNOLOGY #ENTRE AND THE #ONSORTIUM FOR 2ESEARCH AND )NNOVATION IN !EROSPACE IN 1UEBEC -ONTRÏAL ALSO HAS A WELL INTEGRATED NETWORK OF SUPPORT AGENCIES HOSTING THE 1UEBEC !EROSPACE !SSOCIATION !ÏRO -ONTRÏAL AND THE HEADQUARTERS OF THE )NTERNATIONAL !IR 4RANSPORT !SSOCIATION )!4! THE )NTERNATIONAL "USINESS !VIATION #OUNCIL )"!# AND THE )NTERNATIONAL #IVIL !VIATION /RGANIZATION
/NTARIO 3OUTHWESTERN /NTARIO REPRESENTS #ANADAS SECOND LARGEST AEROSPACE CLUSTER WITH OVER lRMS EMPLOYING MORE THAN SKILLED EMPLOYEES 4ORONTO THE CORE OF THIS CLUSTER HAS KEY STRENGTHS IN AIRCRAFT PARTS MANUFACTURING AIRCRAFT SYSTEMS DEVELOPMENT AND MAINTENANCE AND OVERHAUL 4ORONTO ALSO HOSTS MANY WORLD LEADING AEROSPACE lRMS SUCH AS "OMBARDIER !EROSPACE 0RATT 7HITNEY #ANADA (ONEYWELL #ANADA -AGELLAN AND .ORTHSTAR !EROSPACE 4HE 5NIVERSITY OF 4ORONTO )NSTITUTE FOR !EROSPACE 3TUDY AND 2YERSON 5NIVERSITYS )NSTITUTE FOR !EROSPACE $ESIGN AND )NNOVATION COLLABORATE WITH INDUSTRY PARTNERS ON NUMEROUS 2$ PROJECTS
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.OVA 3COTIA (ALIFAX IS HOME TO A NUMBER OF WORLD RENOWNED AEROSPACE lRMS SPECIALIZING IN COMPOSITE FABRICATION ELECTRONIC ASSEMBLIES SIMULATION AND MODELING TECHNOLOGIES AND ENGINE MANUFACTURING 4HESE INCLUDE ,OCKHEED -ARTIN 0RATT 7HITNEY #ANADA )-0 'ROUP %!$3 #OMPOSITES !TLANTIC # 6ISION AND #!%
0RINCE %DWARD )SLAND 4HE #HARLOTTETOWN CLUSTER SPECIALIZES IN ENGINE MAINTENANCE REPAIR AND OVERHAUL AND THE MANUFACTURING OF PRECISION COMPONENTS ENGINE COATINGS AND AIRPLANE INTERIORS .INE AEROSPACE lRMS INCLUDING (ONEYWELL #ANADA AND 6ECTOR !EROSPACE %NGINE 3ERVICES !TLANTIC OPERATE IN THE PROVINCE SPECIlCALLY AS A PART OF 3LEMON 0ARK hHOME OF 0RINCE %DWARD )SLANDS AEROSPACE INDUSTRYv (OLLAND #OLLEGES !EROSPACE 4ECHNOLOGY #ENTRE PROVIDES A RANGE OF TRAINING OPPORTUNITIES FOR THE BURGEONING AEROSPACE INDUSTRY
).6%34-%.4 ,/#!4)/. "%.#(-!2+).' -%4(/$/,/'9 4HIS BENCHMARKING STUDY ASSESSES THE COMPETITIVENESS OF A NUMBER OF #ANADIAN CLUSTERS AGAINST COMPETING INTERNATIONAL BUSINESS LOCATIONS "ASED ON AN INVESTORS PERSPECTIVE THE RESEARCH AND ANALYSIS USES A REPRESENTATIVE INVESTMENT PROJECT PROTOTYPE AN OPERATION THAT MANUFACTURES HIGH VALUE ADDED AEROSPACE COMPONENTSSEE PROl LES ON PAGE TO ASSESS CRITERIA THAT CORPORATE DECISION MAKERS TYPICALLY EXAMINE WHEN EVALUATING LOCATION ALTERNATIVES FOR FOREIGN INVESTMENT 4HIS INTERNATIONAL LOCATION BENCHMARKING EXERCISE WAS CONDUCTED BY )"- 0LANT ,OCATION )NTERNATIONAL )"- 0,) A RENOWNED GLOBAL LOCATION CONSULTANCY )"- 0,) PERFORMED OBJECTIVE RESEARCH TO ASSESS THE COMPARATIVE COST AND QUALITY OF DOING BUSINESS IN VARIOUS LOCATIONS SIMULATING THE APPROACH USED BY INVESTORS WHEN SCREENING CANDIDATES FOR CORPORATE INVESTMENT PROJECTS 4HE BENCHMARKING STUDY EXAMINED TO l NANCIAL AND QUALITATIVE LOCATION INDICATORS IN THE ASSESSMENT OF EACH INDUSTRY SUBSECTOR 4O ASSESS THE QUALITY OF A LOCATIONS OPERATING BUSINESS ENVIRONMENT DATA WERE COLLECTED FROM A VARIETY OF SOURCES FOR THE DIFFERENT SUBFACTORS IN EACH OF THE CATEGORIES FEATURED IN THE OPERATING ENVIRONMENT TABLE PAGE $ATA FOR THE QUALITATIVE ASSESSMENT WERE TRANSLATED INTO COMPARABLE SCORINGS ZERO TO FOR EACH CATEGORY AND SUBFACTOR USING A WEIGHTED SCOREBOARD APPROACH 7EIGHTS WERE ASSIGNED TO EACH LOCATION CATEGORY AND SUBFACTOR TO DEMONSTRATE THEIR RELATIVE IMPORTANCE IN THE LOCATION SELECTION PROCESS 4HESE WEIGHTS ARE SPECIl C TO EACH INDUSTRY SUBSECTOR AND ARE BASED ON )"- 0,)S EXPERIENCE IN HELPING INVESTORS MAKE STRATEGIC DECISIONS WHEN CHOOSING LOCATIONS ! HIGH LEVEL l NANCIAL ANALYSIS WAS ALSO COMPLETED TO TAKE INTO ACCOUNT MAJOR LOCATION SENSITIVE INVESTMENT AND OPERATING COSTS AND REVENUES FOR EACH REPRESENTATIVE PROJECT PROl LE #ASH m OW PROJECTIONS HAVE BEEN CALCULATED AND DISCOUNTED OVER A YEAR PERIOD INCORPORATING ANTICIPATED INm ATION RATES TO DETERMINE THEIR NET PRESENT VALUE AND TO ASSESS THE PROl TABILITY OF THE PROJECT IN EACH OF THE BENCHMARKED LOCATIONS
BENCHMARKING THE COMPARATIVE COST AND QUALITY OF DOING BUSINESS IN GLOBAL LOCATIONS
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#ANADIAN .ON #ANADIAN # 53 -8.
! BETTER RETURN ON YOUR INVESTMENT !MONG LEADING AEROSPACE CLUSTERS IN .ORTH !MERICA #ANADIAN CITIES LIKE 3ASKATOON 7INNIPEG #HARLOTTETOWN #ALGARY -ONTRÏAL (ALIFAX AND 6ANCOUVER REPRESENT SOME OF THE MOST l NANCIALLY ATTRACTIVE LOCATIONS FOR AEROSPACE INVESTORS 4HESE CITIES TOGETHER
WITH 4ORONTO REPRESENT EIGHT OF THE STRONGEST PROPOSITIONS IN .ORTH !MERICA 4HE -EXICAN CITY OF 1UERETARO MAY PROVIDE THE HIGHEST PROl TABILITY OVERALL BUT THIS SHOULD BE CONSIDERED IN THE CONTEXT OF QUALITATIVE TRADE OFFS REQUIRED TO ACHIEVE THE POTENTIAL BENEl T
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,IVING ENVIRONMENT 2EAL ESTATE )NFRASTRUCTURE COMMUNICATIONS &LEXIBILITY OF LABOUR REGULATIONS 0RESENCE OF INDUSTRYCLUSTER ,OCAL POTENTIAL TO RECRUIT SKILLED STAFF 'ENERAL BUSINESS ENVIRONMENT
3TRONG CLUSTERS WITH A WEALTH OF EXPERTISE 3EVERAL #ANADIAN CLUSTERS ARE AMONG THE TOP RANKED IN .ORTH !MERICA #OMPARED TO MANY OTHER LOCATIONS #ANADAS THREE LARGEST CITIES 4ORONTO -ONTRÏAL AND 6ANCOUVER ALSO PROVIDE ACCESS TO LARGE POOLS OF POTENTIAL EMPLOYEES EXPERIENCED IN THE MANUFACTURING
5NLESS OTHERWISE NOTED GRAPHS REPRESENT )"- 0,) ASSESSMENT SCORES
OF AEROSPACE COMPONENTS #ANADIAN CITIES SUCH AS 7INNIPEG AND #ALGARY COMPARE FAVOURABLY WITH CITIES OF SIMILAR SIZE IN .ORTH !MERICA IN AREAS SUCH AS THE PRESENCE OF RELATED INDUSTRIES OR CLUSTERS
#!.!$!3 6!,5% 02/0/3)4)/. %STIMATED ANNUAL LABOUR COSTS HIGHEST RANKING CITIES
#ANADIAN .ON #ANADIAN # 53 -8.
#OMPETITIVE LABOUR COSTS 4HE CALCULATION OF ESTIMATED ANNUAL LABOUR COSTS FOR A TYPICAL AEROSPACE COMPONENT MANUFACTURING OPERATION SHOWS THE SIGNIl CANT COST SAVINGS THAT SEVERAL #ANADIAN LOCATIONS CAN PROVIDE COMPARED TO PROMINENT 53 ALTERNATIVES !N IMPORTANT CONTRIBUTOR TO #ANADAS LABOUR COST ADVANTAGE RELATIVE TO THE 5NITED 3TATES STEMS FROM THE LOWER COSTS OF PROVIDING EMPLOYEE BENEl TS )N #ANADA MOST MEDICAL INSURANCE IS PUBLICLY FUNDED RATHER THAN PAID BY THE EMPLOYER RESULTING IN SIGNIl CANT SAVINGS FOR EMPLOYERS
! SKILLED AND MOTIVATED WORKFORCE ! CRITICAL CONSIDERATION WHEN ESTABLISHING NEW AEROSPACE EQUIPMENT MANUFACTURING FACILITIES IS THE AREAS AVAILABILITY OF POTENTIAL EMPLOYEES EXPERIENCED IN THE MANUFACTURING OF TRANSPORTATION EQUIPMENT WHETHER AEROSPACE MOTOR VEHICLES RAILROAD SHIPS OR OTHER AS WELL AS THE AVAILABILITY OF LABOUR EXPERIENCED IN FABRICATED METAL MANUFACTURING ELECTRONIC PRODUCT MANUFACTURING ELECTRICAL EQUIPMENT APPLIANCE AND OTHER RELATED OPERATIONS 3UCH EMPLOYEES FORM THE POOL OF TRAINABLE STAFF FOR A NEW OPERATION
0RESENCE OF EXPERIENCED MANUFACTURING EMPLOYEES HIGHEST RANKING CITIES
#ANADIAN .ON #ANADIAN
(OME TO A HIGHLY PRODUCTIVE AND SKILLED MANUFACTURING WORKFORCE #ANADA HAS SEVERAL CITIES THAT OFFER LARGE POOLS OF THESE TRAINABLE EMPLOYEES
0RESENCE OF INDUSTRY BASECLUSTER HIGHEST RANKING CITIES
3TRONG INDUSTRY PRESENCE 4HE PRESENCE OF A STRONG INDUSTRY BASE IS ANOTHER IMPORTANT CONSIDERATION WHEN ASSESSING AEROSPACE MANUFACTURING LOCATIONS -ANY FACTORS PLAY A KEY ROLE INCLUDING PROXIMITY TO PURCHASERS OF AEROSPACE COMPONENTS ACCESS TO STEEL IRON AND ALUMINIUM PRODUCTION AND MANUFACTURING OPERATIONS ACCESS TO ELECTRICAL COMPONENT MANUFACTURERS SIZE OF THE AEROSPACE INDUSTRY AND 2$
#ANADIAN .ON #ANADIAN
5NLESS OTHERWISE NOTED GRAPHS REPRESENT )"- 0,) ASSESSMENT SCORES
#ANADIAN CITES SUCH AS 4ORONTO -ONTRÏAL 6ANCOUVER 7INNIPEG AND #ALGARY HOST LARGE TRANSPORTATION EQUIPMENT CLUSTERS THAT FORM POTENTIAL MARKETS FOR HIGH VALUE ADDED AEROSPACE COMPONENTS -ANY #ANADIAN CITIES ARE ALSO HOME TO A LARGE NUMBER OF ESTABLISHMENTS PRODUCING AEROSPACE PRODUCTS AND PARTS THAT FORM IMPORTANT CLUSTERS
#!.!$!3 6!,5% 02/0/3)4)/. 2ESEARCH AND DEVELOPMENT HIGHEST RANKING CITIES
#UTTING EDGE 2$ #ANADA INVESTS BILLIONS OF DOLLARS IN UNIVERSITIES EVERY YEAR TO ENSURE THAT INVESTORS HAVE ACCESS TO SOME OF THE BEST TALENT AND RESEARCH AND DEVELOPMENT INFRASTRUCTURE IN THE WORLD 5NIVERSITY SUPPORT IN TERMS OF ACADEMIC PROGRAMS AND 2$ SPENDING IN AREAS RELATED TO AEROSPACE IS A KEY STRENGTH FOR SEVERAL #ANADIAN LOCATIONS )"- 0,)S STUDY REVEALS THAT 4ORONTO -ONTRÏAL #ALGARY 6ANCOUVER (ALIFAX AND #HARLOTTETOWN SCORE WELL IN AN EVALUATION OF UNIVERSITY RESEARCH DEVELOPMENT 4HIS ASSESSMENT CONSIDERS THE PER CAPITA SPENDING ON 2$ AND PATENTS GENERATED RELATED TO AEROSPACE
#ANADIAN .ON #ANADIAN
)N #ANADA ANNOUNCED A NEW MILLION 3TRATEGIC !EROSPACE AND $EFENCE )NITIATIVE 3!$) DESIGNED TO SUPPORT AEROSPACE 2$ IN #ANADA OVER THE NEXT l VE YEARS
-ARKETS OF OPPORTUNITY
0ROXIMITY TO MARKET HIGHEST RANKING CITIES
)N THE MANUFACTURING OF HIGH VALUE ADDED COMPONENTS PROXIMITY TO CUSTOMERS IS IMPORTANT 3EVERAL #ANADIAN CITIES RANK IN THE TOP TEN IN )"- 0,)S EVALUATION OF MARKET PROXIMITY
#ANADIAN .ON #ANADIAN
! CONDUCIVE BUSINESS ENVIRONMENT
-ARKET PROXIMITY CONSIDERS THE POTENTIAL PURCHASERS OF HIGH VALUE ADDED AEROSPACE COMPONENTS TAKING INTO ACCOUNT THE NUMBER OF ESTABLISHMENTS INVOLVED WITH TRANSPORT EQUIPMENT MANUFACTURING INCLUDING AEROSPACE AND OTHER TYPES OF MANUFACTURERS AND THE NUMBER OF DEDICATED AEROSPACE MANUFACTURING FACILITIES
'ENERAL BUSINESS ENVIRONMENT HIGHEST RANKING CITIES
4HANKS TO ITS SOLID AND DYNAMIC ECONOMY LOW CORPORATE TAX RATES GENEROUS 2$ INCENTIVES QUALITY SUPPORT FROM LOCAL GOVERNMENTS AND DEVELOPMENT AGENCIES AND PROTECTION OF INTELLECTUAL PROPERTY RIGHTS #ANADA HAS FOSTERED A BUSINESS ENVIRONMENT THAT ALLOWS COMPANIES TO INVEST AND GROW !S THE LEADER IN '$0 GROWTH AMONG ' COUNTRIES OVER THE LAST DECADE AND WITH THE WORLDS SOUNDEST BANKING SYSTEM #ANADA PROVIDES A STABLE AND STRONG BUSINESS ENVIRONMENT THAT OFFERS TREMENDOUS GROWTH POTENTIAL AND PEACE OF MIND FOR BUSINESS INVESTMENT #HARLOTTETOWN AND (ALIFAX RANK PARTICULARLY WELL BECAUSE OF THEIR VERY SUPPORTIVE LOCAL ECONOMIC DEVELOPMENT NETWORK
5NLESS OTHERWISE NOTED GRAPHS REPRESENT )"- 0,) ASSESSMENT SCORES 7ORLD %CONOMIC &ORUM 'LOBAL #OMPETITIVENESS 2EPORT /CTOBER
#ANADIAN .ON #ANADIAN
)NVEST IN #ANADA AT YOUR SERVICE 7E OFFER THE FOLLOWING VALUABLE SERVICES TO OUR CLIENTS q STRATEGIC MARKET INTELLIGENCE ON YOUR SPECIFIC SECTOR q DIRECT CONTACT WITH KEY DECISION MAKERS IN THE GOVERNMENT q REFERRALS TO CONTACTS IN FIRMS AND INDUSTRY ASSOCIATIONS AS WELL AS EXPERTS q INFORMATION AND ADVICE ON SETTING UP A BUSINESS IN #ANADA q HELP IN IDENTIFYING A SUITABLE PLACE IN WHICH TO INVEST q ASSISTANCE IN DEVELOPING A BUSINESS CASE FOR YOUR NEXT INVESTMENT DECISION
/UR GLOBAL NETWORK WILL SHOW YOU WHY #ANADA IS YOUR STRATEGIC CHOICE FOR GROWTH 4O REACH AN INVESTMENT OFFICER IN YOUR MARKET PLEASE VISIT
)NVEST IN #ANADA "UREAU &OREIGN !FFAIRS AND )NTERNATIONAL 4RADE #ANADA 3USSEX $RIVE /TTAWA /. #ANADA +. * %MAIL INVESTINCANADA INTERNATIONALGCCA 7EBSITE WWWINVESTINCANADACOM
#ATALOGUE .UMBER &2 % 0$& )3". .UMBER
4HIS PUBLICATION WAS PREPARED BY )NVEST IN #ANADA IN COOPERATION WITH )"- 0,) 4HE DOCUMENT COVERS A WIDE RANGE OF ISSUES AND IS NOT INTENDED TO BE A DETAILED NOR AN EXHAUSTIVE REFERENCE !CCORDINGLY BEFORE RELYING ON THE MATERIAL HEREIN READERS SHOULD INDEPENDENTLY VERIFY ITS ACCURACY CURRENCY AND RELEVANCE FOR THEIR PURPOSES AND SHOULD SEEK APPROPRIATE PROFESSIONAL ADVICE !NY REFERENCE TO COMPANIES OR INVESTMENTS IS FOR ILLUSTRATIVE PURPOSES ONLY AND DOES NOT CONSTITUTE AN ENDORSEMENT OF THOSE COMPANIES OR INVESTMENTS $ETAILS OF SOURCES FOR ALL QUOTED FACTS AND FIGURES ARE AVAILABLE UPON REQUEST 4HE 'OVERNMENT OF #ANADA DOES NOT ACCEPT ANY LIABILITY IN RELATION TO THE CONTENTS OF THIS WORK 4HIS PUBLICATION IS PRINTED ON RECYCLED PAPER AND IS AVAILABLE IN MULTIPLE LANGUAGES INCLUDING &RENCH ¥ (ER -AJESTY THE 1UEEN IN 2IGHT OF #ANADA AS REPRESENTED BY THE -INISTER OF )NTERNATIONAL 4RADE
"OMBARDIERS #2* ASSEMBLY PLANT 1UEBEC #ANADA
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Wireless Value Proposition
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