montreal, April 17, 2024 /CNW/ – Aero Montreal praises Canadian government's efforts to strengthen Canada's Strengthen security by updating the National Defense Strategy. We welcome efforts to support research and development, the space sector, and access to sustainable aviation fuels. but, of quebec The Aerospace Cluster emphasizes the importance of implementing the National Aerospace Strategy to strengthen the country's industrial capacity and competitiveness and calls on the government to continue its efforts.
highlights of of quebec Aerospace department
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Defense policy updates: our strong and free north ($549.4 million For four years from 2025 to 2026, $267.8 million In the next few years, D.N.D. Canada's Introducing world-class satellite communications equipment and acquiring new tactical helicopters and airborne early warning aircraft, among other things.The update also includes: $66.5 million (5 years starting in 2024-2025 for the training of Royal Canadian Air Force personnel)
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protection Canada's biofuel industryIn particular, through the restructuring and four-year extension of the Clean Fuels Fund. $776.3 million total from 2024-25 to 2029-30 to support clean fuel projects.
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Establishing a new whole-of-government approach to space exploration, technology development, and research Creation of the National Space Council
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Implementation of new significant investment tax credits Create and retain jobs by the end of 2024 Canada Plans to reduce pollution and achieve carbon neutrality by 2050
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Research and development/intellectual property maintenance support and $1.8 billion Increase funding for core research fellowships over five years
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Creation of new funding bodies for basic research
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Establishment of an advisory committee on science and innovation
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Creation of a working group to promote investment in airport facilities by pension funds
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significant increase $2.4 billion In targeted support for artificial intelligence (especially, 100 million dollars for over 5 years National Research Council AI-enabled program to help small and medium-sized businesses scale and improve productivity through the development and deployment of new solutions)
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new direction Crown corporations will take on more risks to support Canadian businesses.
“By updating its National Defense Strategy and investing in our national security, the Government of Canada is taking an important step in the right direction. We will continue working closely with the Government to continue these efforts and ensure that NATO We look forward to meeting the defense spending threshold of 2% of GDP in efforts to stimulate promising areas such as space research and exploration and the growth of artificial intelligence. Canada It also contributes to the development of our industry. However, in the coming weeks, Aero Montréal, together with AIAC, will be able to have fruitful discussions with the government on strategic issues such as the development of a national aerospace strategy, which is essential to maintaining the competitiveness of Canada's aerospace industry. I'm looking forward to it. '' said Mélanie Lucier, President and CEO of Aero Montréal.
About Aero Montreal
Founded in 2006, Aéro Montréal is a strategic forum for collaboration that brings together all CEOs. of quebec the aerospace sector, including industry, educational institutions, research centers, and associations and unions;
Aéro Montréal's activities are made possible through the participation of national governments. Canada, quebec And that montreal Member companies of metropolitan communities and clusters.
SOURCE Aero Montreal
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