Boeing has announced an investment of approximately $85 million in Quebec's new aerospace innovation zone, Espace Aéro, as well as other industrial development and competitiveness programs in the Montreal area. The funding comes from Canada's Industrial and Technological Benefits programs and is linked to the procurement of the P-8A Poseidon aircraft. The Memorandum of Agreement (MOA) formalizes long-term collaborations across Espace Aéro's hubs in Montreal, Mirabel, and Longueuil to accelerate decarbonization processes in the region.
The initiative is expected to expand Boeing's presence in Quebec, deepening local supply-chain opportunities. Government officials have described this move as reinforcing Quebec's position as a global aerospace hub that now hosts facilities for Boeing, Airbus, and Bombardier. The project aims to foster innovation, create jobs, and enhance industry collaboration.
Boeing’s commitment involves splitting the $85 million investment between developing Espace Aéro and supporting Aero Montreal’s workforce upskilling efforts. Funding originates from several Canadian programs primarily tied to defense spending related to the purchase of the P-8A Poseidon.