This industry profile provides a five-year forecast for Canada’s Aerospace Products Industry.
Canada’s Aerospace Products Industry: Industrial Profile Summer 2012
Canada’s Aerospace Products Industry: Industrial Profile Summer 2012
Industry Economic Analysis
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- New Orders—New orders continue to accumulate at a healthy pace, which has allowed industry production to begin to recover.
- Demand for Air Transportation Services—An increasing propensity to travel, particularly in emerging markets, will bring in more passenger and cargo traffic, which in turn will benefit the aerospace industry.
- Fiscal Austerity—Defence spending cuts in the U.S. and across Europe may mean reduced spending on military aircraft in the near future.
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