Today, the Government of Canada released the State of the Canadian Space Sector Report 2023 during the Spacebound conference in Ottawa. This 26th edition of the report, published by the Canadian Space Agency (CSA), shows that in 2022, Canada's space sector generated $3.2 billion for Canada's economy and over $5 billion in revenues while supporting over 25,000 jobs across the country.
The Honourable Harjit S. Sajjan, President of the King's Privy Council for Canada, Minister of Emergency Preparedness and Minister responsible for the Pacific Economic Development Agency of Canada, on behalf of the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, announced that the CSA is investing $15 million in 16 Canadian organizations aimed at advancing the next generation of cutting-edge space technologies. This investment reaffirms the Government of Canada's commitment to fostering the long-term growth of the space sector. It will support 22 innovative projects across various fields including imaging and quantum technologies, satellite navigation, Earth observation, and lunar exploration. Among them are groundbreaking innovations that could inform the design of future rover missions.
The Government of Canada is committed to helping unlock the full potential of Canada's space sector by supporting organizations that play a crucial role in addressing challenges such as climate change, natural disaster response, food production, remote healthcare and improving Internet connectivity. By providing a wide range of opportunities to both established players and rising stars, Canada ensures a bright future for its space sector and continues to invest in innovative solutions to important issues, both on Earth and in space.
