Welcome!

News Feed Item

Harper Government Announces Support for Aerospace Innovation at the 2014 Aerospace, Defence and Security Expo

Collaboration between industry and academia to support Canada's position as a leading global aerospace innovator

ABBOTSFORD, BRITISH COLUMBIA -- (Marketwired) -- 08/08/14 --

The Honourable Ed Fast, Minister of International Trade, on behalf of the Honourable James Moore, Minister of Industry, today committed government support in the amount of $30 million over five years to a newly formed, industry-led network dedicated to aerospace innovation. The network, the Consortium for Aerospace Research and Innovation in Canada (CARIC), launched in April 2014. Minister Fast made the announcement at the 2014 Aerospace, Defence and Security Expo.

CARIC will promote collaboration in aerospace research and innovation by strengthening linkages between researchers in industry, academia and research institutes in Canada and abroad and by partially funding earlier stage collaborative research and technology development (R&TD) projects in the aerospace industry at the low to mid technology readiness levels (TRL). The $30-million contribution will be used to fund collaborative R&TD projects and to support CARIC's operations and networking activity functions across Canada.

With the government's financial support, CARIC will help to strengthen the competitiveness of Canada's aerospace industry by accelerating the pace of technology development, increasing private sector investment in R&TD, developing highly qualified personnel in Canada, and providing students with industry-relevant skills and expertise.

Quick facts


--  In 2013, Canada's aerospace industry was responsible for more than
    170,000 jobs and contributed nearly $28 billion to the economy.
    Aerospace is a priority sector under Canada's Global Markets Action
    Plan. 
--  The Consortium for Aerospace Research and Innovation in Canada (CARIC)
    stems from a recommendation in the report from the Review of Aerospace
    and Space Programs and Policies, which was led by the Honourable David
    Emerson. The report focused on partnerships and innovation and
    highlighted the importance of collaborative research and development to
    the aerospace industry's competitiveness. 
--  Mr. Emerson called for the establishment of a national network to
    promote collaborative research and development and recognized the
    Consortium for Research and Innovation in Aerospace in Quebec for its
    work in encouraging such partnerships. 
--  Minister Moore announced government support for further development of a
    national network based on this approach in December 2013. 
--  In addition to providing support for CARIC, the government has taken
    action on key findings in Mr. Emerson's report including recommendations
    to establish a new Technology Demonstration Program and to improve the
    Strategic Aerospace and Defence Initiative. 

Quotes

"Our government recognizes the importance of investing in and giving opportunities to the aerospace industry. We also know that industry and academia must work together, with government support, to ensure the long-term competitiveness of Canadian aerospace. The launch of the industry-led consortium is a tremendous milestone."

- Ed Fast, Minister of International Trade

"We are delivering on the priorities identified by Canada's aerospace industry to ensure that it remains on top in a fiercely competitive international market. This industry-led network will enhance the global competitiveness of the Canadian aerospace industry by bringing together key players from industry and academia and funding collaborative research and technology development projects to move our industry forward."

- James Moore, Minister of Industry and Minister Responsible for British Columbia

"The relative importance of the aerospace industry to the Canadian economy is second to none in the world. CARIC will be instrumental in pulling together the resources of the aerospace R&D community across Canada to maintain the leadership of our industry despite tough competition worldwide."

- Denis Faubert, PhD, President and Chief Executive Officer, Consortium for Aerospace Research and Innovation in Canada

Related products

Economic Action Plan 2013, Chapter 3.2 "Helping Manufacturers and Businesses Succeed in the Global Economy"

News Release-Minister Paradis Highlights Harper Government's Commitment to Aerospace and Declares Canada "Open for Business"

Associated links

Announcement of the launch of Consortium for Aerospace Research and Innovation in Canada

Consortium for Research and Innovation in Aerospace in Quebec

Follow us on Twitter: @industrycanada

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
Apache Hadoop is emerging as a distributed platform for handling large and fast incoming streams of data. Predictive maintenance, supply chain optimization, and Internet-of-Things analysis are examples where Hadoop provides the scalable storage, processing, and analytics platform to gain meaningful insights from granular data that is typically only valuable from a large-scale, aggregate view. One architecture useful for capturing and analyzing streaming data is the Lambda Architecture, represent...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform and how we integrate our thinking to solve complicated problems. In his session at 19th Cloud Expo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and sh...
FinTech is the sum of financial and technology, and it’s one of the fastest growing tech industries. Total global investments in FinTech almost reached $50 billion last year, but there is still a great deal of confusion over what it is and what it means – especially as it applies to retirement. Building financial startups is not simple, but with the right team, technology and an innovative approach it can be an extremely interesting domain to disrupt. FinTech heralds a financial revolution that...
SYS-CON Events announced today that IoT Now has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. IoT Now explores the evolving opportunities and challenges facing CSPs, and it passes on some lessons learned from those who have taken the first steps in next-gen IoT services.
As organizations realize the scope of the Internet of Things, gaining key insights from Big Data, through the use of advanced analytics, becomes crucial. However, IoT also creates the need for petabyte scale storage of data from millions of devices. A new type of Storage is required which seamlessly integrates robust data analytics with massive scale. These storage systems will act as “smart systems” provide in-place analytics that speed discovery and enable businesses to quickly derive meaningf...
SYS-CON Events announced today that WineSOFT will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Based in Seoul and Irvine, WineSOFT is an innovative software house focusing on internet infrastructure solutions. The venture started as a bootstrap start-up in 2010 by focusing on making the internet faster and more powerful. WineSOFT’s knowledge is based on the expertise of TCP/IP, VPN, SSL, peer-to-peer, mob...
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, discussed the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports.
SYS-CON Media announced today that @WebRTCSummit Blog, the largest WebRTC resource in the world, has been launched. @WebRTCSummit Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. @WebRTCSummit Blog can be bookmarked ▸ Here @WebRTCSummit conference site can be bookmarked ▸ Here
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
With billions of sensors deployed worldwide, the amount of machine-generated data will soon exceed what our networks can handle. But consumers and businesses will expect seamless experiences and real-time responsiveness. What does this mean for IoT devices and the infrastructure that supports them? More of the data will need to be handled at - or closer to - the devices themselves.