MIRABEL, Que. – Airbus Canada on Thursday released a report saying its operations generated an estimated C$8.4 billion in Canadian gross domestic product between 2023 and 2025 and supported nearly 60,000 job-years over the period.

The report, commissioned by Airbus Canada and prepared by accounting firm PwC Canada, found the European aircraft manufacturer supported an average of about 20,000 jobs annually during the three-year period.

Last year, Airbus spent more than $2.2 billion on its Canadian operations with about 70% of that spending going to domestic suppliers serving both civil and military markets.

The company works with about 1,000 suppliers in Canada, more than half of them small and medium-sized businesses, it said.

“Today, Canada is where Airbus has the most significant presence outside Europe with all its business units — defence and space, helicopters and commercial aircraft — being present,” said Airbus Canada CEO Guillaume Chevasson.

The report also found the average income of an Airbus employee in Canada is about 60% higher than the national average across all industries.

Airbus employs more than 5,300 people in Canada, primarily in Quebec, Ontario and Nova Scotia, with the company supporting 27% aerospace jobs in Quebec.

Its commercial aircraft business accounted for $5.5 billion of the company’s total GDP contribution between 2023 and 2025, while Airbus Helicopters contributed $237.5 million.

Airbus Defence and Space generated $778.4 million in economic spending over the same period. Subsidiaries Skywise and Airbus Atlantic Canada contributed $184 million and $617 million, respectively, according to the report.