On November 10, the Ontario Aerospace Council (OAC) will be hosting another technical briefing about the Aerospace Regional Recovery Initiative (ARRI). This follows the session in August to help raise awareness about this exciting new initiative to support the recovery of Canada’s hard hit aerospace sector so that companies can come out of this pandemic in a position of strength as we look to the future. This time around, will also be providing some background and information about Canada’s Industrial and Technological Benefits (ITB) Policy and defence sector opportunities. While ARRI is a national program, every region has its own unique requirements for the program – this session will focus on ARRI opportunities in southern and northern Ontario.
ARRI, ITBs, and Defence Sector Opportunities: A Technical Briefing with FedDev Ontario and FedNor
November 10, 2021 from 2pm to 3:30pm Virtual Event
The aerospace sector is one of Canada’s most innovative and export-focused manufacturing industries, and a key contributor to Canada’s GDP and the creation of highly qualified jobs. The pandemic, however, has had repercussions on businesses and workers in this sector, which has directly affected regional economies.
That is why the Government of Canada has launched the national $250 million Aerospace Regional Recovery Initiative (ARRI) on July 15 to help this sector become greener, more innovative, and more productive so that it can emerge from the pandemic with the capacity to compete on the global stage.
This initiative is being delivered by Canada’s regional development agencies (RDAs) and will complement support for the aerospace industry provided through Canada’s COVID-19 Economic Response Plan. This includes the Strategic Innovation Fund delivered by Industry, Science and Economic Development (ISED), as well as the Regional Air Transportation Initiative delivered by FedDev Ontario. ARRI also complements the new Jobs and Growth Fund announced on July 13 which will help businesses and organizations that support them to create jobs and position local economies for long-term growth.
In southern Ontario, FedDev Ontario is delivering the program and is now accepting applications for funding.
In northern Ontario, FedNor is delivering the program and is now accepting applications for funding.
Defence Sector Opportunities and ITBs
The federal government leverages economic benefits from defence procurement through the Industrial and Technological Benefits (ITB) Policy. The ITB Policy requires that companies awarded large defence contracts do business in Canada equal to the value of the contract. As a result, defence contractors need to identify relevant Canadian suppliers, research partners and opportunities for investment to include in their Value Proposition, the economic proposal of their bids to the Government of Canada for defence equipment and services. FedDev will be providing an overview of the ITB policy and discussing some upcoming defence programs of interest, including Future Aircrew Training (FAcT), Strategic Tanker Transport Capability (STTC), and Remotely Piloted Aircraft System (RPAS).