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Conveniently located between Canada’s capital, Ottawa, and Canada’s business centre, Toronto.

Aerospace

With a community of operations at and in close proximity to Peterborough’s Airport and aerospace business park, Peterborough’s aerospace sector is an emerging leader in international manufacturing, repair and overhaul; research and development; and training.

The Peterborough region offers excellent access to unrestricted airspace, a highly skilled workforce, industry leading training facilities, desirable infrastructure to reduce top line costs and serves as an excellent launching point for national, U.S. and global markets.

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Rhonda Keenan

Rhonda Keenan

President and CEO

$68.7M
Spending within Peterborough’s aerospace supply chain on supplies and services in 2017.
Source: EMSI Analyst
54%
of the aerospace sector’s supply chain purchases are sourced in-region in 2017
Source: EMSI Analyst
$35M+
With more than $35 million invested into infrastructure improvements and expansion since 2010, the Peterborough Airport is well-positioned for growth and development. 
Source: Peterborough Airport
7000 ft runway
The Peterborough Airport (YPQ) boasts the longest civil runway between Toronto and Ottawa.
Source: Peterborough Aiport
Aerial view of a runway and plane at Peterborough Airport

Investment Opportunity

Peterborough Airport

The Peterborough Airport (YPQ) boasts the longest civil runway (7000 ft) between Toronto and Ottawa, which supports Boeing 737-900 and Airbus 320 operations, and is one of the busiest small airports in Canada.

Aerospace in Canada

#3
Canada ranks 3rd in terms of civil-aircraft production.

Canada’s aerospace manufacturing and maintenance, repair, and overhaul industries generated direct

  • annual revenues of more than $27 billion in 2016
  • directly employs over 87,000 people
  • responsible for approximately 208,000 jobs across Canada.

Source: https://www.international.gc.ca/investors-investisseurs/assets/pdfs/download/vp-aerospace.pdf

Aerospace in Ontario

In Ontario, the aerospace sector is the 2nd largest in Canada. Location-wise, easy access to Toronto, Ottawa, Montreal and Eastern United States makes Peterborough an attractive place from which to connect the aerospace market. Peterborough is only 2 hours away from the U.S border, and has a lower cost of doing business compared to larger markets. We have lower corporate tax rates (25% compared to 36% US average) and business operating costs in Ontario are 93.7% of US business operating costs.

  • 30% on the National MRO aerospace subsector is in Ontario. (1)
  • Over 200 Firms employing more than 44,000 direct & indirect people (2)
  • $500 million annual spend on research and development (2)
  • More than 40 post-secondary programs in applied aerospace and aviation
  • aviation and space discipline

Southern Ontario has the highest concentration of advanced manufacturing industries in Canada, including aerospace. Along the Southern Ontario corridor, Peterborough is a top aerospace hub for manufacturing and MRO and is poised as one of Southern Ontario’s most up-an-coming centres for growth with more than $40 million in infrastructure investments for business.

Southern Ontario has the highest concentration of advanced manufacturing industries in Canada, including aerospace. Along the Southern Ontario corridor, Peterborough is a top aerospace hub for manufacturing and MRO and is poised as one of Southern Ontario’s most up-an-coming centres for growth with more than $40 million in  infrastructure investments for business.

Aerospace Education

The Peterborough Airport is home to Seneca College’s School of Aviation, offering flight training and classroom instruction. It’s just minutes away from Fleming College’s Kawartha Trades & Technology Centre, as well as Trent University’s Centre for Biomaterials Research, with the recent successful completion of research leading to the development of low-temperature, biodegradable and sustainable lubricants and the development of compounds which act as fuel additives.

It’s also important to note that Peterborough’s Holy Cross Secondary School offers programming in Aviation and Aerospace. Equally important is the long history in local manufacturing culture – The Kawartha Manufacturers Association, 50 members strong, provides a labour market that is filled with highly qualified professionals.

Seneca College logo

Seneca College

Seneca College offers a world-class educational experience for students via its school of aviation. As one of Canada’s leading aviation schools, the college is internationally recognized for its quality graduates, faculty, and industry partnerships. 

Offerings:

  • Honours of Bachelor of Aviation Technology
  • Graduate Certificate in Airline Pilot Flight Operations
  • Advanced Diploma in Aviation Safety
  • Diploma in Aviation Operations

Aerotrike Aviation

Located at Peterborough airport since 1999, the company offers ultralight flight training. [1]

Holy Cross Catholic Secondary School

The Aviation and Aerospace Specialist High Skills Major

Aerial view of an airport

Ideal for Maintenance, Repair & Overhaul (MRO) Business

  • No curfews; environmental approvals in place for MRO hangar facilities
  • Parts suppliers, avionics and turbine engine support
  • Overnight couriers to major centres

Source: Peterborough Airport

Labour

Airport-based businesses employ over 400 people with an estimated GDP contribution of $66.0 million (1)

 # employees% of Total
Total402100%
3364 Aerospace product and parts manufacturing11428%
4811 Scheduled air transportation17644%
4812 Non-scheduled air transportation4411%
4881 Support activities for air transportation6817%

(1) According to the Airport Strategic Development Plan completed in 2017.

Business Environment

Central location means Peterborough-based businesses can support repatriate flights 24/7 year-round for patients transportation to hospitals in Peterborough, Oshawa, Cobourg and Belleville.

Over 30 acres of fully-serviced industrial and commercial ground and air-sized lots are available. [1]

It has one of the longest civil paved runways between Ottawa and Toronto. At 200′ wide and 7,000′ long, the runway is designed to support narrow-body aircraft such as the Boeing 737 and Airbus 320 series.

Offers the Canadian Passenger Accelerated Service System (CANPASS) to streamline customs and immigration clearance for travelers flying on corporate and private aircraft.

An International Presence in Peterborough & the Kawarthas