Canadian Space Agency Spending in 2022-23 Hits High Mark

Image credit: Canadian Space Agency.

For it's fiscal year (FY) 2022-23, the Canadian Space Agency (CSA) spent just over $498.2 million, it's highest level ever, eclipsing its previous high of $409.1 million in FY 2011-12. And fiscal year 2023-24 planned spending of $537.4 million, should it hold up, would surpass the new high.

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About Marc Boucher

Boucher is an entrepreneur, writer, editor & publisher. He is the founder of SpaceQ Media Inc. and Executive Vice President, Content of SpaceNews. Boucher has 25+ years working in various roles in the space industry and a total of 30 years as a technology entrepreneur including creating Maple Square, Canada's first internet directory and search engine.