Category : Search result: aerospace investment


Bombardier to build new $100M factory near Montreal

Bombardier Inc. announces a $100 million investment for a new manufacturing centre near Montreal to increase business jet output. The facility, supported by Quebec government funding, is set to open in 2027.

Canada-China Energy Pact Opens Door for Investment

Prime Minister Mark Carney secures a new energy framework with China, aiming to boost Canadian oil and gas exports while attracting Chinese capital for battery and renewable projects. Explore the strategic shift.

Bombardier invests $100M in new Montreal facility

Bombardier announces a major $100 million investment to establish a new manufacturing centre in Montreal, reinforcing its commitment to Quebec's aerospace sector and creating skilled jobs.

US$1B Pentagon Investment in L3Harris Rocket Motors

The U.S. Department of Defense will invest US$1 billion in L3Harris Technologies' rocket motor business, a major boost for defense manufacturing and national security capabilities. Read the details.

Airbus Mirabel Not Yet Profitable

Airbus's manufacturing facility in Mirabel, Quebec, remains far from turning a profit, according to recent reports. Discover the details and future outlook for this key aerospace investment.

MDA Space Wins U.S. Missile Defence Contract

Brampton's MDA Space secures a pivotal contract with the U.S. Missile Defense Agency for the SHIELD program, boosting its stock and positioning for future defence work. Read the full analysis.

Meta buys AI startup Manus for over $2 billion

Meta Platforms Inc. acquires Singapore-based AI agent startup Manus in a deal valued at over US$2 billion, marking a major move in Zuckerberg's AI strategy and severing the company's Chinese investor ties.

NORAD's Santa Tracker: How It Works

Brig. Gen. Thaddeus Fineran explains the technology behind NORAD's beloved Santa tracking mission. Discover how this military operation brings holiday cheer worldwide.

Japan's H3 Rocket Fails to Launch Satellite

Japan's flagship H3 rocket failed to deploy a crucial geolocation satellite into orbit on December 22, 2025, marking a significant setback for the nation's space ambitions.

Crypto investors shift strategies after market crash

Following a significant market correction, cryptocurrency investors in Canada are exercising caution and diversifying into a wider array of investment vehicles, including ETFs and derivatives. Discover the new landscape.

$1.6M Cryptocurrency Scam Reported by Peel Police

Peel Regional Police report victims lost $1.6 million in a sophisticated cryptocurrency investment scam. Authorities urge the public to exercise extreme caution with online investment offers.

Saab, Airbus Partner on Unmanned Fighter Technology

Sweden's Saab and European giant Airbus announce a strategic partnership to develop unmanned fighter technology, sparking debate over Saab's offer to bring aerospace jobs to Canada. Explore the details and implications.

Canada's foreign investment falls to 18-month low

Foreign direct investment in Canada dropped to $18.2 billion in Q3 2024, the lowest level since early 2024. Explore the trends and policy responses affecting Canada's economic landscape.

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