Ed Fast Announces Support For AeroSpace Innovation

Harper Government Announces Support for Aerospace Innovation at the 2014 Aerospace, Defence and Security Expo.

Collaboration between industry and academia to support Canada’s position as a leading global aerospace innovator

Release. The Honourable Ed Fast, Minister of International Trade, on behalf of the Honourable James Moore, Minister of Industry, today committed government support in the amount of $30 million over five years to a newly formed, industry-led network dedicated to aerospace innovation. The network, the Consortium for Aerospace Research and Innovation in Canada (CARIC), launched in April 2014. Minister Fast made the announcement at the 2014 Aerospace, Defence and Security Expo.

CARIC will promote collaboration in aerospace research and innovation by strengthening linkages between researchers in industry, academia and research institutes in Canada and abroad and by partially funding earlier stage collaborative research and technology development (R&TD) projects in the aerospace industry at the low to mid technology readiness levels (TRL). The $30-million contribution will be used to fund collaborative R&TD projects and to support CARIC’s operations and networking activity functions across Canada.

“Our government recognizes the importance of investing in and giving opportunities to the aerospace industry. We also know that industry and academia must work together, with government support, to ensure the long-term competitiveness of Canadian aerospace. The launch of the industry-led consortium is a tremendous milestone.” – Ed Fast, Minister of International Trade

With the government’s financial support, CARIC will help to strengthen the competitiveness of Canada’s aerospace industry by accelerating the pace of technology development, increasing private sector investment in R&TD, developing highly qualified personnel in Canada, and providing students with industry-relevant skills and expertise.

Quick facts
In 2013, Canada’s aerospace industry was responsible for more than 170,000 jobs and contributed nearly $28 billion to the economy. Aerospace is a priority sector under Canada’s Global Markets Action Plan.

The Consortium for Aerospace Research and Innovation in Canada (CARIC) stems from a recommendation in the report from the Review of Aerospace and Space Programs and Policies, which was led by the Honourable David Emerson. The report focused on partnerships and innovation and highlighted the importance of collaborative research and development to the aerospace industry’s competitiveness.

Mr. Emerson called for the establishment of a national network to promote collaborative research and development and recognized the Consortium for Research and Innovation in Aerospace in Québec for its work in encouraging such partnerships.

Minister Moore announced government support for further development of a national network based on this approach in December 2013.

In addition to providing support for CARIC, the government has taken action on key findings in Mr. Emerson’s report including recommendations to establish a new Technology Demonstration Program and to improve the Strategic Aerospace and Defence Initiative.

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