KPMG Overview of the Canadian Aerospace Sector
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Transcript of KPMG Overview of the Canadian Aerospace Sector
Overview of Canadian Aerospace Sector
NBAA 2013
October 22, 2013
Grant McDonald
© 2013 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. KPMG CONFIDENTIAL.
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Introduction
Grant McDonaldPartnerAerospace & Defence Industry, Sector [email protected] 212 3613
© 2013 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. KPMG CONFIDENTIAL.
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Overview
• Canadian Aerospace Industry – 5th largest in OECD
• Key capabilities – Manufacturing, MRO, Other
• Clustered by Regions of Canada:
• Ontario/Quebec/Other
• Fiscal environment:
• Strong Economy/Banking/Tax/Incentive programs
• Public Policy environment:
• Helps foster innovation
The Canadian Aerospace Industry
© 2013 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. KPMG CONFIDENTIAL.
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The Canadian Aerospace Industry
Manufacturing
QuebecOntarioRest of Canada
MRO
QuebecOntarioWestern CanadaAtlantic Canada
© 2013 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. KPMG CONFIDENTIAL.
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The Canadian Aerospace Industry
Factors influencing the industry in Canada
• Public policy environment
• Canadian Economy
© 2013 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. KPMG CONFIDENTIAL.
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Canadian Manufacturing Outlook 2013
© 2013 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved. KPMG CONFIDENTIAL.
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Canada’s Aerospace Sector: Driving Growth Through Innovation
1. Innovation drives growth both in Canada and globally
2. Companies moving from single-sourced to multi-sourced supply
3. Skilled labour force
KPMG CONFIDENTIAL
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© 2013 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
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