Aircraft
Canadian Bizav Market Growing amid Emerging Uncertainties
U.S. tariffs and Canadian luxury tax bring challenges

About 1,300 turbine business aircraft are registered in Canada—up some 80 aircraft year over year—versus approximately 25,000 in the U.S. and around 41,000 globally, according to a newly issued market report from Ontario-based business aircraft sales and acquisition firm Levaero Aviation. The report, “State of the Aviation Market 2024,” focuses exclusively on in-production turbine airplanes that have, between Jan. 1, 2024, and Jan. 1, 2025, transacted out of Canada, into Canada, or within Canada.

“The current market brings a new level of uncertainty,” said Levaero. “Potential tariffs on aircraft and key materials could introduce significant cost challenges, altering acquisition strategies and reshaping market demand.”