September 24, 2009
Major Helicopter Purchase Lands Important Work in Canada
The Boeing CH-147 Chinook aircraft is part of the government's implementation of its Canada First Defence Strategy. Due to Industrial and Regional Benefits (IRB) requirements in the $1.2-billion CH-147 acquisition contract previously announced, Boeing will be re-investing at least the full contract amount into the Canadian economy, creating jobs and stimulating regional markets.
"This is another example of how Canada's IRB Policy helps stimulate the regional economy and creates jobs locally," said MP Warawa. "This policy continues to draw significant investment to the Canadian economy - which is why today's announcement by Minister Clement of improvements to the IRB Policy is timely - so that it may draw even more benefits to firms across the country."
Avcorp designs and builds major airframe structures for some of the world's leading aircraft manufacturers. Over the past 50 years, Avcorp has partnered with and supplied its customers with tail structures, wing structures and other aircraft structures for business, regional and commercial jets. The Delta-based company has new partnerships to supply wing structures for defence and advanced jets.
The IRB Policy is an important element of the Government of Canada's overall procurement process for major defence and security purchases. It enables the government to leverage major investments in military equipment to encourage long-term industrial development and significant economic activity here in Canada. The IRB Policy improvements announced by the government today will improve its capability to generate even more strategic benefits to firms across Canada.
Businesses from all regions of the country are benefiting from this major procurement and are expected to benefit further from the government's Canada First Defence Strategy.
