FedDev Ontario invests over $2.6M to reduce aerospace manufacturing’s environmental footprint

TORONTO — On Aug. 23, Helena Jaczek, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced over $2.6 million for Downsview Aerospace Innovation & Research (DAIR). This investment will help improve the aerospace sector’s overall environmental footprint by funding projects that will support the government’s initiative to a greener future and will help SMEs enhance operations to meet customer needs and become more competitive in the global supply chain.

DAIR is an incorporated not‐for‐profit organization working to build a physical aerospace innovation hub at Downsview Park in Toronto. With this non-repayable investment, the organization will support sustainable aviation with the launch of the Green Fund, a program to help the commercialization of projects and processes that will reduce the environmental footprint of the aerospace sector. DAIR will also launch a Supplier Development Initiative, which will improve the capabilities of 16 SMEs in the region, advancing them in the local and global aerospace supply chain, and providing them with growth opportunities. More information on these programs and details on how to apply will be available on the DAIR website in the fall.

“Small- and medium-sized aerospace businesses have an important role to play in southern Ontario’s economic recovery, which is why the Government of Canada is committed to supporting them and protecting the thousands of workers this sector employs. Organizations like Downsview Aerospace Innovation & Research are helping strengthen our region’s future economy, while working towards greening Canada’s aerospace sector.” said Helena Jaczek, Minister responsible for the Federal Economic Development Agency for Southern Ontario.

“Canada Lands Company, the organization entrusted with Downsview Park and an early champion of the Downsview Aerospace Innovation & Research hub, will continue to support the historic legacy of this site. With today’s announcement, Canada Lands Company will be able to foster better opportunities for our aerospace industry partners and businesses in creating a greener future and more diverse supply chain.” said Filomena Tassi, Minister of Public Services and Procurement and MP for Hamilton West-Ancaster-Dundas and Minister responsible for Canada Lands Company.