Boeing invests $61M in B.C. as part of $10B federal plane deal

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Boeing invests $61M in B.C. as part of $10B federal plane deal
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Boeing Canada plans to invest $61 million in British Columbia for an aerospace manufacturing training facility as well as research and development.

Mount Baker in Washington is seen in the distance as a WestJet Airlines Boeing 737 Max aircraft arrives at Vancouver International Airport in Richmond, B.C., on Jan. 21, 2021. Boeing Canada plans to invest $61 million in British Columbia for an aerospace manufacturing training facility and for research and development. THE CANADIAN PRESS/Darryl Dyck.

The announcement is the latest from the American aviation giant as part of a multibillion-dollar deal with Ottawa on the purchase of new military surveillance planes.Canada facility in Richmond, B.C., saying that as the government invests more in defence, it’s ensuring it also delivers value for Canada’s economy and its workers.

Boeing plans to spend $48 million to build its research and development capacity at its Vancouver facility. Another $13 million will be invested in the Indigenous-owned COTA Aviation, based in Parksville, B.C., to establish an aerospace manufacturing training facility to train 10 workers a year.Boeing accepts plea deal stemming from 737 MAX crashes

The more than $10-billion military plane agreement came with a promise from Boeing to provide $5.4 billion worth of business activities and investments in Canada over 10 years, which includes drawing on domestic suppliers and supporting 3,000 jobs.In May, it promised $240 million for a Quebec plan to become a global location for the development of drones and greener aircraft.

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