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Nov 4, 2024 · Canadian universities and research centres employ almost 20% of the space industry workforce. In March 2023, the Federal Government announced $2.5 billion in funding for the Canadian space industries. Key Moments in the History of Canada’s Space Industry.
- Executive Summary. While overall showing resilience, in 2020, the Canadian space sector faced challenges as COVID-19 negatively influenced the normal functions of organizations.
- Economic Impact Analysis. In this section. Economic Impact Analysis KEY RESULTS. ECONOMIC IMPACT – GROSS DOMESTIC PRODUCT. ECONOMIC IMPACT – JOBS SUPPORTED.
- Overall Results. In this section. Overall Results KEY RESULTS. TOTAL REVENUES. TOTAL WORKFORCE. REGIONAL DISTRIBUTION AND TRENDS. KEY RESULTS. Total revenues in the Canadian space sector declined from 2019 figures to $4.9B for both 2020 and 2021.
- Revenues by Markets and Customers. In this section. Revenues by Markets and Customers KEY RESULTS. MARKET SHARE BY VALUE-CHAIN SEGMENTS. MARKET SHARE BY SECTOR OF ACTIVITY.
Sep 24, 2024 · In 2022, 73% of Canadian space organizations were SMEs (defined as employing 1 to 499 workers). Despite the smaller workforce, SMEs contribute significantly to the Canadian space sector by providing the largest amount of STEM jobs, BERD, and exports.
The Canadian space workforce expanded by 8.6% in 2022 to 12,624 space-related jobs. Workforce multiplier impacts indicate that activities in the space sector supported an additional 12,612 jobs in the wider Canadian economy.
Sep 24, 2024 · The Canadian space sector contributed $3.2 billion to Canada's GDP in 2022 – increasing 19% since 2018. Amongst the 25,000 jobs supported by the space sector in Canada, over 12,600 are highly skilled space-related jobs, of which 67% were in science, technology, engineering and mathematics.
- Canadian Space Agency
SPACE ECONOMY ECOSYSTEM. Almost 200 organizations from across Canada are involved in the CSA’s Annual Space Sector Survey. 73% 22% 5% Large Universities & Small and companies Research Medium-Sized Centres Enterprises SMEs. Distribution of Space Organizations by Region.
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research and development leadership — Ontario hosts more than 30% of all aerospace R&D in Canada — just over $500 million thriving defence sub-sector. Tier 1 and Tier 2 and OEM companies in Ontario’s Aerospace manufacturing industry.
