Trudeau announces $440 million for Quebec aerospace industry
Jul 15, 2021 | 11:57 AM
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MONTREAL — Prime Minister Justin Trudeau is announcing up to $440 million in federal funding for Quebec’s aerospace industry.
Trudeau told a news conference today in Montreal that coupled with money from Quebec, the package of government aid for the key sector of the province’s economy will total as much as $693 million.
The prime minister says the funding will subsidize aerospace companies operating in the province such as Bell TextronCanada, CAE, and Pratt & Whitney Canada.
He says the investments will also go toward green-aviation projects and clean technologies and will create or support 12,000 jobs and make internships available to more than 6,200 students.
