CAE awarded contract to deliver additional PC-21 simulator for French Air Force

On the same subject

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  January 23, 2019 | Local, Aerospace, Naval, Land, C4ISR, Security

  Innovative Quebec start-ups are invited to participate in the CED Fast Forward Challenge

  The Government of Canada will award up to $500,000 to innovative Quebec start-ups January 23, 2019 – Montréal, Quebec – Canada Economic Development for Quebec Regions (CED) The audacity and ingenuity of young innovative entrepreneurs is key in propelling Quebec into the economy of tomorrow. It is for this reason that the Government of Canada is launching a new initiative today aimed at helping these young entrepreneurs realize their business projects: the CED Fast Forward Challenge. The Challenge will allow dynamic young entrepreneurs to seize opportunities presented by ever-changing economic and technological conditions. The Challenge is being launched today by the Honourable Marc Garneau, Minister of Transport and Member of Parliament for Notre-Dame-de-Gr'ce—Westmount, who is extending an invitation to young people across Quebec who have entrepreneurial flair and who work in the high-tech sector to submit their business plans to Canada Economic Development for Quebec Regions (CED) between February 8 and April 1, 2019. In May 2019, 20 finalists will be invited to present the most promising projects to a panel of experts. The 10 businesses with the best projects will each receive a $50,000 award to carry out their business projects. Details regarding the Challenge can be found at canada.ca/ced-fast-forward-challenge. Quotes “Talent, particularly entrepreneurial talent, is a great resource. We aim to foster the emergence of new businesses by investing directly in the development of Quebecers' talent and skills. Through this initiative, our government will help young people from across Quebec launch their businesses and make their projects a reality.” The Honourable Marc Garneau, Member of Parliament for Notre-Dame-de-Gr'ce—Westmount and Minister of Transport “Initiatives such as the CED Fast Forward Challenge give innovative businesses the boost they need to carry out their projects. Through its Federal Strategy on Innovation and Growth for the Quebec Regions, the Government of Canada has adopted an ambitious approach aimed at stimulating innovation and growth for everyone. It represents a firm commitment to contribute to the development of a culture of innovation and, ultimately, the creation of more quality jobs for Quebecers.” The Honourable Navdeep Bains, Minister responsible for CED Quick facts Today's announcement was made on behalf of the Honourable Navdeep Bains, Minister responsible for the Innovation, Science and Economic Development portfolio, which is made up of 17 federal departments and agencies, including CED and the other five regional development agencies. The CED Fast Forward Challenge is an initiative that stems from the Federal Strategy on Innovation and Growth for the Quebec Regions. Spearheaded by CED, and involving the participation of other federal departments, the Strategy targets 4 priorities and 14 areas of intervention aimed at fostering the adoption and development of innovative practices and ensuring the inclusive growth of all the Quebec regions. The funding was provided under CED's Regional Economic Growth through Innovation (REGI) program. For more information about CED and its priorities, refer to the 2018–2019 Departmental Plan or visit www.ced-dec.gc.ca. For 50 years now, the Government of Canada has been actively involved in regional economic development in Quebec: half a century of concrete action targeting the growth of Quebec's regions and businesses. https://www.canada.ca/en/economic-development-quebec-regions/news/2019/01/innovative-quebec-start-ups-are-invited-to-participate-in-the-ced-fast-forward-challenge.html

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  June 26, 2023 | Local, Aerospace

  Retombées économiques des F-35  | Beaucoup de latitude pour calculer les promesses

  Il y aura beaucoup de latitude pour calculer les retombées économiques découlant de l’achat des 88 avions de chasse F-35 par Ottawa pour 19 milliards. Selon une présentation gouvernementale consultée par La Presse, les ententes entre le Canada et les constructeurs des avions de combat sont « non contractuelles », donc pas régies par un contrat.

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  January 14, 2022 | Local, Aerospace, Naval, Land, C4ISR, Security

  Economic Benefits of Defence Spending

  Neither the December 2021 economic and fiscal update nor the 2021 budget contained much new spending for defence beyond some very targeted incremental funding to deal with more recent issues not covered in the 2017 defence policy. These issues include NORAD’s renewal, increased support to the NATO alliance and funding for operations and resources to address sexual misconduct and gender-based violence. This should not be surprising to those who follow defence issues. The 2021 budget emphasizes that the 2017 defence policy, Strong Secure Engaged, “set out a vision for a long-term, fully-funded plan to renew and re-equip the Canadian military, built around people.” Perhaps more important for DND’s longer term funding requirements are the projected deficits in the budget, beginning at $354 billion in FY20-21 and reducing to $30 billion in FY 2025-26. Historically, when governments in Canada face large deficits and start reducing costs, the largest discretionary spending category – defence – invariably takes a hit. Based on the government’s desire to focus on getting Canadians back to work by promoting innovation and small business, it is worth discussing whether continuing defence spending at the levels planned in Strong, Secure, Engaged will help achieve those goals.