PwC Study Reveals Bombardier's Staggering C$7.4 Billion Economic Contribution to Canadian GDP in 2024

A new, comprehensive study conducted by PwC Canada has unequivocally underscored Bombardier's monumental economic footprint across the nation, revealing that the aerospace giant contributed an astonishing C$7.4 billion to Canada's Gross Domestic Product (GDP) in 2024. This significant figure highlights Bombardier's enduring role as a powerhouse within the Canadian economy, driving growth, fostering innovation, and creating widespread prosperity.

The findings from the PwC study paint a vivid picture of Bombardier's far-reaching influence, extending well beyond its direct operations.

In addition to its substantial GDP injection, the company was responsible for supporting an impressive 24,500 jobs across Canada. These roles span a diverse range of high-skilled positions, from advanced engineering and manufacturing to cutting-edge research and development, solidifying Canada's reputation as a global leader in aerospace.

Furthermore, Bombardier's activities generated a remarkable C$2.5 billion in taxes and government revenues in 2024.

This substantial fiscal contribution directly supports public services, infrastructure development, and various government programs, benefiting Canadians from coast to coast. The report also emphasized Bombardier's unwavering commitment to innovation, with a significant C$143 million invested in Canadian research and development initiatives during the same period.

These investments are crucial for developing next-generation aerospace technologies, maintaining Canada's competitive edge, and securing future economic opportunities.

Éric Martel, President and CEO of Bombardier, expressed immense pride in these results, stating, "Bombardier’s impact on Canada is profound, and this study clearly illustrates how our operations translate into tangible economic benefits for communities across the country.

Our dedicated employees, robust supply chain, and continuous investment in innovation are not just building world-class aircraft; they are building a stronger, more prosperous Canada." Martel further highlighted the strategic importance of Bombardier's extensive Canadian supply chain, which includes hundreds of small and medium-sized enterprises (SMEs) that benefit directly from the company's manufacturing and R&D activities, creating a ripple effect of economic activity.

The study by PwC Canada serves as a powerful testament to Bombardier's critical role as a strategic national asset.

It showcases not only the company's economic might but also its deep integration into the social and industrial fabric of the country. As Bombardier continues to innovate and expand its global reach, its commitment to its Canadian roots remains steadfast, promising continued economic growth, job creation, and technological advancement for years to come.