Bombardier Stock Soars 7.17% After Announcing $100M Dorval Center

ByUjjwal Sukhwani•January 16, 2026 at 06:37 AM•2 min read

MANUFACTURING Bombardier Stock Soars 7.17% After Announcing $100M Dorval Center

Bombardier Inc. shares surged 7.17% on the TSX, leading the industrials sector after the business aircraft maker announced a new $100 million manufacturing center in Dorval.

Key Points

1Bombardier Inc. shares climbed 7.17% on the TSX, leading the industrials sector's rise.
2The surge followed the announcement of a new $100 million manufacturing center in Dorval, Montreal.
3The facility is designed to boost production capacity for business aircraft and is expected to open by late 2027.
4The investment reinforces Montreal's status as the world's third-largest aerospace hub and creates over 330 new jobs.

Canada's main stock index reached a new record high on Thursday. The S&P/TSX Composite Index closed at 33,028.92, up 0.34% for the day. This market strength showed broader participation beyond the mining sector. Industrial and financial shares were among the leading gainers.

Among the standout performers was the industrials sector. It posted a gain of 1.42% overall. This rise was heavily influenced by Bombardier Inc. shares. The business aircraft manufacturer saw its stock jump 7.17%.

Bombardier's Strategic Investment

The significant stock surge followed a major corporate announcement. Bombardier plans a new $100 million manufacturing center in Dorval, Montreal. This investment is part of the company's long-term strategy. It aims to boost productivity and meet growing global demand. The new facility is expected to be 126,000 square feet. It is scheduled to open before the end of 2027.

Expanding Business Aircraft Capacity

The new center will work alongside existing facilities in Dorval. These facilities currently assemble Challenger jets. Specifically, the Challenger 3500 business jet is assembled there. The expansion is expected to create more than 330 new, highly skilled jobs. This move strengthens Bombardier's position in the business aviation market. The Quebec government also supports the project. It announced a $35 million repayable loan through Investissement Québec. This financial backing highlights the project's economic importance.

Impact on the Montreal Aerospace Hub

This major investment further solidifies the Montreal aerospace hub. The region is already a global center for aerospace manufacturing. It is considered the world's third-largest aerospace hub. The cluster hosts over 200 companies and 40,000 professionals. Major organizations like the International Civil Aviation Organization (ICAO) are also based there. Bombardier's expansion generates significant economic benefits for the entire Quebec supply chain.

Broader Market Performance

The TSX Composite Index rise marked another record closing high. The gain was a shift from the earlier rally led by metal mining stocks. Heavily weighted financials also ended 0.55% higher. However, the energy sector was a drag on the index. It fell 0.93% as oil prices settled lower. The strong performance of aviation entities like Bombardier signals confidence. This confidence extends to the Canadian industrials sector. The investment reflects a positive outlook for global business aviation.

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