Lumber:
I think Canada would be a great addition to the UN Security Council, so power to him.
http://www.cbc.ca/news/politics/super-hornet-jet-fighters-sales-1.4297528 Posted in another thread, MarkOttawa:
Air force eyes resale value of Super Hornets even before deal is done
Extract: "I encourage people who work with Boeing across the country to tell the company the extent to which its actions against the Canadian aerospace industry is not in its interest and certainly not in the interest of Canadians," the prime minister said at a news conference in Ottawa.
I think Canada would be a great addition to the UN Security Council, so power to him.
Now who is going to tell their employer that it is not in their business interest, and as a Cdn, not in the employee's interest, to fight with the LPC favorite charity? What company in Canada that has contracts with Boeing is going to tell Boeing it is not in their interest to fight with the LPC favorite charity?
Lunacy.
"...so power to him". Unfortunately for Canada he has power.
http://business.financialpost.com/opinion/canada-has-a-whole-lot-of-reasons-to-support-boeing
Canada has a whole lot of reasons to support Boeing 14 Sep 17
Rick Clayton: Boeing contributes billions of dollars and thousands of jobs to the Canadian economy. It’s time this story was told
Every time a Boeing jet flies anywhere in the world, a large number of parts on that plane are made in Canada by Canadians. The Boeing Company in Canada contributes billions of dollars and thousands of jobs annually to the Canadian economy from coast to coast to coast. It’s time this story was told, because too few Canadians seem to know about it, and Boeing represents the kind of global industrial partner and champion Canada needs.
In 2016, Boeing retained Doyletech Corp. of Ottawa to conduct an analysis of Boeing’s impact in Canada. We did not focus on economic impact alone; we also considered Boeing’s regional impacts, technology innovation, exports and use of highly qualified personnel. We specifically zeroed-in on Boeing’s management approaches to manufacturing. This last factor is critical; it is the mainspring for why Canada benefits so much from Boeing’s activities.
Under Canada’s shrewdly structured purchasing rules, offshore suppliers including Boeing have to offset purchases by the Canadian government with equivalent spending in Canada. So as Canada purchases Boeing planes, Boeing must find equal purchases in our country. Usually such international suppliers try to buy usable parts within the purchasing country or, in the worst case, to buy any local output and try to resell it on world markets.
As Canada purchases Boeing planes, Boeing must find equal purchases in our country
Boeing did something better. It established its own dedicated factory in Winnipeg, to make advanced composite material components it can use for the entire Boeing product line. This plant is now the third-most-important aerospace manufacturing facility in Canada, and its output is growing rapidly. Boeing supports a number of other Canadian companies that are further developing this technology independently, as well as Canadian industry-academia research networks, which bring more potential for Canada’s future manufacturing. So Boeing is building Canada’s overall capability in a cutting-edge technology that has a big future, and not just for aerospace.
Boeing still spends several hundred million dollars purchasing parts and services from the Canadian aerospace sector. And this supply chain extends all across Canada. The firm’s purchases help the entire Canadian aerospace sector reach economies of scale, develop leading-edge technology, and offer innovations that can be sold to global markets. Boeing is supporting precisely the kind of goals Canada’s Innovation Agenda is rightly trying to achieve.
Our economic impact numbers show the results of Boeing’s strategy. In 2015, Boeing spent $2.056 billion directly in Canada. About 9,500 jobs were created by this work. That is a lot of money and a lot of jobs: about 14 per cent of the entire Canadian aerospace sector. But the benefits go further; the direct spending produces so-called “indirect and induced” effects as it reverberates around the economy. When these are taken into account, our model puts Boeing’s total direct, indirect and induced spending in Canada at $3.988 billion, and the number of jobs created at 17,500. The federal government itself gets over $540 million from income and sales taxes and other returns.
Our economic impact numbers show the results of its strategy
Overall, the aerospace sector in Canada is a powerful contributor to our economy, generating about $29 billion of annual output or $165,000 per worker of value. This is much higher than the Canadian average overall of about $90,000. But Boeing’s value-add per worker including its suppliers is still higher at about $217,000. The aerospace sector as a whole exports about 80 per cent of its output. It is undoubtedly a major asset for Canada in world markets. Boeing does even better; it exports about 95 per cent of its Canadian output. While the flourishing Canadian aerospace sector is growing at seven per cent a year, Boeing in Canada is growing at about eight per cent a year, in contrast to an overall growth rate in Canada of approximately 2.5 per cent annually.
The latest figures available to Doyletech show even stronger growth for Boeing’s Canadian operations last year, and its impact continues to increase.
In short, Canada needs more high-growth sectors, and we need more global partners like Boeing. The company has brought significant benefits for our economy and Canadian workers. It’s a compelling success story more Canadians should know about.
Rick Clayton, a partner in Doyletech Corp., a research, marketing and consulting firm, was formerly a federal public servant specializing in science policy for Canada.
