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Bombardier Contributed $7.4 Billion to Canadian GDP in 2024, PwC Study Finds
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Study shows Bombardier’s impact on jobs and exports
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Company Reference
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A PwC study found Bombardier added $7.4B to Canada’s GDP in 2024, supporting 48,500 jobs and paying $1.2B in taxes, with major growth projected through 2029.
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Bombardier contributed $7.4 billion to Canada’s GDP in 2024, supported nearly 48,500 jobs nationwide, and generated more than $1.2 billion in federal and provincial tax revenues, according to a new PwC Canada study commissioned by the company. Bombardier is the largest player in Canada’s aerospace manufacturing sector, responsible for about 25% of national aerospace output.

The report highlights Bombardier’s significant role in the national economy through direct, indirect, and induced impacts. Quebec remains the company’s employment hub, where Bombardier directly supports 9,330 jobs—more than 31% of the province’s aerospace sector employment—making it one of the province’s largest manufacturing employers.

Bombardier president and CEO Éric Martel said the company’s work drives growth and reinforces Canada’s sovereignty through innovation and defense-related expertise. “Bombardier continues to be a key driver of the Canadian economy through its nearly 12,200 employees and more than 1,550 suppliers across the country,” he said.

In 2024, Bombardier delivered 146 business aircraft and posted $11.5 billion in revenues. Its Canadian supply chain involved more than 1,550 suppliers and $9.1 billion in expenditures. Aircraft exports made up about 5% of Quebec’s total export value, accounting for 1% of Canada’s exports overall, according to the PwC study.

Looking ahead, Bombardier projects revenues of more than $12.2 billion in 2025. The PwC report estimates the company’s activities will contribute $39.6 billion to Canada’s GDP between 2025 and 2029, with an annual average of 51,696 direct, indirect, and induced jobs. Planned R&D spending and capital investments during that period are expected to add $3.2 billion in GDP contributions and support more than 25,700 full-time jobs.

Bombardier’s manufacturing presence in Ontario is also growing, anchored by its new Toronto-area assembly facility at Pearson International Airport, which employs about 2,200 people focused on the Global business jet familyt.

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Amy Wilder
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Bombardier Added $7.4B to Canada’s GDP in 2024
Newsletter Body

Bombardier contributed $7.4 billion to Canada’s GDP in 2024, supported nearly 48,500 jobs nationwide, and generated more than $1.2 billion in federal and provincial tax revenues, according to a new PwC Canada study commissioned by the company. It is the largest player in Canada’s aerospace manufacturing sector, responsible for about 25% of national aerospace output.

Bombardier president and CEO Éric Martel said the company’s work drives growth and reinforces Canada’s sovereignty through innovation and defense-related expertise. “Bombardier continues to be a key driver of the Canadian economy through its nearly 12,200 employees and more than 1,550 suppliers across the country,” he said.

In 2024, Bombardier delivered 146 business aircraft and posted $11.5 billion in revenues. Its Canadian supply chain involved more than 1,550 suppliers and $9.1 billion in expenditures. Aircraft exports made up about 5% of Quebec’s total export value, accounting for 1% of Canada’s exports overall, according to the PwC study.

Bombardier’s manufacturing presence in Ontario is also growing, anchored by its new Toronto-area assembly facility at Pearson International Airport, which employs about 2,200 people focused on the Global business jet family.

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