Canada

Bombardier to buy Mitsubishi aerospace plant near Pearson airport

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Jet planes are assembled at Bombardier's aircraft assembly centre in Mississauga, Ont., on Friday, May 8, 2026. THE CANADIAN PRESS/Sammy Kogan

MONTREAL — Bombardier Inc. says it will buy Mitsubishi’s main Canadian aerospace factory, bringing in-house an operation that was previously outsourced.

The Montreal-based business jet maker says the purchase of MHI Canada Aerospace Inc. facilities in Mississauga, Ont., will see some 750 Mitsubishi employees join Bombardier’s roughly 18,000-person workforce.

The deal also means MHI’s 270,000 square-foot plant that handles wing assembly, fuselage and flight control installations for some Bombardier planes will now fall under that company’s umbrella.

David Murray, executive vice-president of manufacturing, says the agreement marks a key step in the company’s long-term growth strategy as demand remains on the upswing.

Bombardier did not specify a purchase amount for the factory, which sits on the outskirts of Toronto’s Pearson airport.

The announcement comes a month after CEO Éric Martel said the manufacturer was starting to eye acquisitions in aircraft services and defence, as the appetite for its business jets continues to grow and a once-towering debt load comes back to earth.

The deal, which is subject to regulatory approvals, is expected to close later this year.

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This report by The Canadian Press was first published Sept. 1 2026