Boeing [NYSE:BA] contributes more than US$3 billion annually to Canada’s economic growth and development, according to a study commissioned by the company.
Through its operations in Winnipeg and elsewhere, along with direct and indirect economic effects, Boeing supports more than 17,000 jobs across Canada according to the study done by Doyletech Corporation. The analysis also found that Boeing’s spending in Canada has grown at an average annual rate of nearly eight percent, four times as much as the Canadian economy’s growth rate, and that Boeing will contribute more than US$10 million this year toward the Canadian government’s objectives in science, technology, economic evolution and growth at the province level.
