F-35 fighter jets
IBC Advanced Alloys aspires to lead a “materials revolution,” and has the heft of an aerospace powerhouse behind it.
KPMG report suggests the jets bill would balloon to $40 billion instead of the $16 billion initially anticipated.
Canadian aerospace firms can bid on $9.85B in production contracts, down from $12B.
The supersonic stealth jet has been at the centre of political controversy in Canada.
Associate defence minister Julian Fantino says the Conservative government hasn’t discounted abandoning the troubled $9 billion project.
The federal election campaign is entering the homestretch and there has been virtually nothing said about fostering productivity, innovation and international competitiveness, says Canada West economist Michael Holden.