Canadian Space Economy Size 2019

Originally posted on February 23, 2022 @ 3:00 pm

This month, the Canadian Space Agency published the “State Of The Canadian Space Sector Report 2020”.

The publication reported that in 2019, the space sector delivered revenues of C$5.5 billion and contributed C$2.5 billion to the Canadian GDP.

The revenues of C$5.5 million were impacted by COVID-19 and represented a -3.2% decline compared to 2018 results.