Feb 08 2014

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Canada announces new space policy framework

Canada bears watching for a couple of reasons. Foremost, they’re our closest neighbors and a strong Canadian space industry can’t help but be good for America.

Also, their government balance sheet is much stronger than the USA’s. If the Canadians were so inclined, their government could very strongly boost the industry with tax breaks and subsidies. Given that their industry is relatively small (only 8000 skilled jobs), even a small bit of assistance would go a long way.

Not that I’m actually advocating that the Canadians spend any of their tax money on the space industry, just watching for it, maybe even expecting it.

Permanent link to this article: http://www.newspaceraces.com/2014/02/08/canada-announces-new-space-policy-framework/

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