# De Havilland Canada Doubles 515 Production with $2.5B Funding

> De Havilland Canada will double De Havilland Canadair 515 production using $2.5 billion in government and export financing.
- Title: De Havilland Canada Doubles 515 Production with $2.5B Funding
- Summary: De Havilland Canada will double De Havilland Canadair 515 production using $2.5 billion in government and export financing.
- Keywords: de havilland canada, de havilland canadair 515, government of canada, export development canada, production increase, financing agreement, 2030, Financial Post
- Source: Financial Post — https://financialpost.com/globe-newswire/de-havilland-canada-announces-agreement-and-de-havilland-canadair-515-production-increase
- Author: GlobeNewswire
- Published: 2026-10-30T20:06:26+00:00
- Read time: 1 min
- Topics: de havilland canada, de havilland canadair 515, government of canada, export development canada, production increase, financing agreement, 2030, money, business
## Production Agreement
De Havilland Canada announced an agreement with the Government of Canada and Export Development Canada to double De Havilland Canadair 515 production.
## Funding Details
Canada and Export Development Canada agreed to provide up to $2.5 billion in financing to accelerate production and bring additional aircraft slots to market starting in 2030.
## Production Impact
De Havilland Canada will use the financing to hire new staff and invest in production capacity across Canadian sites including Victoria, Calgary, Toronto, Kitchener, and Fort Erie.
## Key takeaway

De Havilland Canada secured $2.5 billion in financing from the Government of Canada and Export Development Canada to double its De Havilland Canadair 515 production capacity starting in 2030.