- A new study by PwC Canada estimates that jet maker Bombardier (TSX:BBD.A) contributed C$7.4 billion to Canadian GDP in 2024
- The company supports a customer fleet of more than 5,100 aircraft across the world
- Bombardier stock has added 86.76 per cent year-over-year
A new study by PwC Canada estimates that jet maker Bombardier (TSX:BBD.A) contributed C$7.4 billion to Canadian GDP in 2024, generating output value equivalent to 1 per cent of Canadian exports and 5 per cent of Quebec’s exports, with over C$1.2 billion contributed in taxes on income, products and production.
This content has been prepared as part of a partnership with Bombardier Inc., and is intended for informational purposes only.
These figures stem from 146 business aircraft deliveries and C$11.5 billion in revenue generated for the year, supporting nearly 50,000 jobs across Canada. According to Wednesday’s news release, this includes nearly 10,000 direct jobs in Quebec, accounting for more than 31 per cent of the province’s aerospace sector, as well as nearly 2,200 employees at a manufacturing centre in Toronto’s Pearson airport opened in 2024.
Bombardier expects to earn more than C$12.2 billion in revenue in 2025, with the PwC report projecting the company will add C$39.6 billion to Canada’s GDP between 2025 and 2029.
Leadership insights
“Bombardier continues to be a key driver of the Canadian economy through its nearly 12,200 employees and over 1,550 suppliers across the country,” Éric Martel, Bombardier’s president and chief executive officer, said in a statement. “Our work not only fuels economic growth — it also plays a vital role in reinforcing Canada’s sovereignty through innovation, homegrown expertise in aircraft production and maintenance, and critical contributions to the nation’s defense industrial strategy.’’
About Bombardier
Bombardier designs, builds, modifies and maintains a line of jets for individuals, businesses, governments and militaries around the world. Its customers operate a fleet of more than 5,100 aircraft supported by 10 service facilities across six countries. The company operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico.
Bombardier stock (TSX:BBD.A) is up by 2 per cent on the news trading at C$157.33 as of 11:54 am ET. The stock has added 86.76 per cent year-over-year.
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