Canada’s federal government has proposed proving the aerospace industry with C$2 billion ($1.6 billion) in aid over multiple years to help the sector recover from the pandemic downturn.
The proposed aid, outlined in a budget released on 19 April, includes C$1.75 billion in funds “targeted toward aerospace, in recognition of the longer-lasting impacts to this sector following Covid-19”.
The government intends to disperse that money over seven years.Read more
