|Aerospace Review to be Led by Former Cabinet Minister||Feb. 27, 2012|
|The Honourable Christian Paradis, Minister of Industry and Minister of State has appointed the Honourable David L. Emerson as Chair of the Aerospace Review - a process aimed at developing a federal policy framework to maximize the competitiveness of Canada's aerospace industry. First outlined as part of the last federal budget, the review will provide a comprehensive assessment of the policies and programs related to the aerospace industry.
The appointment was welcomed by both the Aerospace Industries Association of Canada (AIAC) and Aéro Montréal, Québec's aerospace cluster.
"Mr. Emerson is a seasoned leader and strategic thinker. His impressive experience in public policy development acquired as the head of various public organizations, his private sector background, and his thorough understanding of global economic forces shaping the Canadian geo-political landscape give him the perfect combination of skills and experience to execute this mandate," said David Schellenberg, Chairman of the AIAC Board of Directors.
"The Canadian aerospace industry is currently the fifth largest in the world and employs 80,000 Canadians from coast-to-coast" Mr. Schellenberg added. "To compete globally, our industry needs the right government policies and programs to take advantage of outstanding opportunities for growth in the future. A competitive Canadian aerospace industry will result in more high-skilled jobs and other benefits to the Canadian economy" he concluded.
"The announcement made by the Government of Canada, in March 2011, that it will review the aerospace policies and programs, shows that it considers the future of the industry a priority. To remain competitive in an increasingly globalized economy, it is essential that the government's policies with respect to the aerospace sector be a result of a concerted and strategic assessment. In that sense, we are eagerly waiting for work to begin," declared Gilles Labbé, President & Chief Executive Officer of Héroux-Devtek and the Chairman of Aéro Montréal's board of directors.
AIAC and its member firms will play an active role in the Aerospace Review process through the creation of six working groups which will provide the Review Head and the Advisory Council with practical solutions and recommendations to improve federal aerospace policies and programs and enhance the Canadian aerospace industry's competitiveness.
Since its creation in May 2006, Aéro Montréal has worked with all the key players of the industry, including companies, educational and research institutions, associations and unions, to optimize the growth and expansion of the aerospace sector in Québec, in Canada and around the world. The Québec aerospace industry represents close to 42,000 jobs and generates nearly $12 billion in revenue a year.