Finance, Taxes, Insurance
Canadian Governments Pumping Billions into Green Aviation
PWC, Bell, and CAE could receive $685 million from Canada's support for electric aviation.

Yesterday, the governments of Canada and its Quebec province finalized plans announced earlier this year to pump more than C$2 billion in direct grants and loans into the country’s aerospace sector, with some well-known OEMs, including Pratt & Whitney, Bell, and CAE, primed to receive up to $685 million. Canadian Prime Minister Justin Trudeau said the aid was part of the country’s “strategic investments” to promote a green economy and assist in the “profound transformation” of the nation’s aerospace industry, which supports 235,000 direct and indirect jobs.


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