Bombardier Inc., the Canadian aerospace giant, is planning to spend millions to help establish an aerospace research hub near Downsview Airport with the University of Toronto and other local academic institutions as key partners.

The Montreal-based maker of planes and trains said Thursday it will invest $1.5 million over five years to fund core research at an “aeromaterials research centre” at Downsview, where it’s part of a consortium of industry and academic partners, including U of T, called the Downsview Aerospace & Innovation Research, or DAIR.

Starting next year, Bombardier is also investing $1 million over five years to set up new research centres at U of T and Ryerson University that will be focused on acoustics and advanced interiors, respectively. There will also be funding for landing gear research by Centennial College and the extension of a training program at the college’s Downsview campus.

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