Varcoe: De Havilland to add 1,200 jobs, second production line for new water bombers
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Varcoe: De Havilland to add 1,200 jobs, second production line for new water bombers
Additional positions to be created at its facilities in Alberta, British Columbia and Ontario, supported by federal financing
It’s a “game-changer” for De Havilland Aircraft of Canada, allowing it to ramp up production of its new water bomber and create more than 1,000 jobs in the country.
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The Calgary-based company announced Friday it’s struck a financing agreement with Export Development Canada, a federal Crown corporation, and Ottawa.
Under the deal, the federal government and EDC will provide up to $2.5 billion in financing to De Havilland Canada to double production of its new Canadair 515 (DHC-515) amphibious firefighting aircraft, which is assembled in Calgary.
The move will allow the company to add a second production line and bring more of the new planes to market faster, adding jobs at its facilities in Alberta, British Columbia and Ontario.
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