Mr. Speaker, today, the Minister of Industry announced an investment of $300 million for Pratt & Whitney, a major aerospace company.
This investment will create and maintain research jobs and will also encourage public and private partnerships.
This investment is expected to create and maintain over 700 highly skilled jobs during the project work phase and more than 2,000 jobs during the 15-year benefits phase.
Our government's investments in the aerospace industry give Canadian businesses the opportunity to contribute to major international projects in the aerospace and defence industries, such as the global F-35 program.