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Aerospace sector to benefit from industry day

November 9, 2010  By Carey Fredericks

Nov. 9, 2010, Saskatoon - The Honourable Lynne Yelich, Minister of State for Western Economic Diversification, provided opening remarks today at the local “Partnering for Success” Industry Day, highlighting the Government of Canada’s commitment to facilitating growth opportunities for western Canadian aerospace and defence firms.

“Western Canadian companies in the aerospace and defence sector are
important job creators in our communities,” said Minister Yelich. “Our
Government is committed to providing them with every opportunity to grow
and excel in today’s competitive global environment.”

Western Economic Diversification Canada (WD) and Enterprise Saskatchewan
have partnered to host the event to provide comprehensive details on
the Government of Canada’s Industrial and Regional Benefits (IRB)
policy. An afternoon business matchmaking session will enable
representatives of small- and medium-sized firms to meet with companies
that have IRB obligations. The sessions could lead to new joint
ventures, partnerships and investment.

"This event is an excellent networking opportunity for aerospace and
defence firms in Saskatchewan," said the Honourable Jeremy Harrison,
Minister of Enterprise and Minister Responsible for Trade. "This event
will generate additional investment, business and job opportunities
which is not just a benefit for these industry sectors, but for our
province as a whole."

Through the Government of Canada’s Industrial and Regional Benefits
policy, Western Economic Diversification Canada is helping to facilitate
industry opportunities and partnerships for western Canadian firms.
Activities include identifying key federal procurement opportunities for
the West, as well as promoting western Canadian businesses and
connecting them with global aerospace and defence companies.


Industrial and Regional Benefits consist of contracts awarded to
Canadian businesses and investments made in high-technology sectors of
the Canadian economy by successful bidders on federal defence
procurement projects.


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