[CLSTR]
API
< Back to all clusters
[BUSINESS] · Canada · 8 sources

started · updated

Part of situation: De Havilland Canada water bomber production expansion (2 clusters)

De Havilland Canada secures $2.5B to double waterbomber production

De Havilland Canada waterbombers aerospace manufacturing Export Development Canada wildfire suppression

De Havilland Aircraft of Canada Limited has reached an agreement with the Canadian federal government and Export Development Canada (EDC) for up to $2.5 billion in financing. The funds are intended to double the production capacity of the company’s Canadair 515 waterbombers.

The Calgary-based manufacturer plans to use the financing to expand manufacturing operations and hire additional workers. The company expects to make new aircraft production slots available starting in 2030. According to a federal government backgrounder, the financing will be delivered through EDC to strengthen Canadian aerospace supply chains.

The deal follows a campaign by De Havilland Canada advocating for a federally supported national fleet of waterbombers to assist provinces and territories with wildfire suppression. While the agreement supports increased manufacturing capacity, it does not establish a national firefighting fleet or constitute a direct federal purchase of the aircraft.

Entities

Canadair 515 · De Havilland Aircraft of Canada Limited · Export Development Canada · Government of Canada

Claims

What the coverage asserts, and how many sources carry each claim.

Sources

De Havilland Canada reaches $2.5B financing deal to double waterbomber production : My Parry Sound Now [www.myparrysoundnow.com]
De Havilland Canada reaches $2.5B financing deal to double waterbomber production : My West Nipissing Now [www.mywestnipissingnow.com]
De Havilland Canada reaches $2.5B financing deal to double waterbomber production : My Algoma Manitoulin Now [www.myalgomamanitoulinnow.com]
De Havilland Canada reaches $2.5B financing deal to double waterbomber production : AM 1150 [www.am1150.ca]
De Havilland Canada annuncia un accordo e l'aumento della produzione del De Havilland Canadair 515 [www.md80.it]
De Havilland Canada reaches $2.5B financing deal to double waterbomber production : My Muskoka Now [www.mymuskokanow.com]
De Havilland Canada reaches $2.5B financing deal to double waterbomber production : My North Bay Now [www.mynorthbaynow.com]
De Havilland Canada reaches $2.5B financing deal to double waterbomber production : My Stratford Now [www.mystratfordnow.com]