The Globe and Mail reports in its Tuesday edition that since Aug. 27, four Firan Technology Group insiders have bought a total of 20,036 shares in the public market at an average price of $10.60.
The Globe's guest columnist Ted Dixon writes that Firan has two operating units, FTG Circuits and FTG Aerospace. The aerospace unit has operations in Toronto, Calgary, California and Tianjin, China. Firan has also announced plans for a new aerospace operation in Hyderabad, India.
In 2024, Firan won a contract to provide cockpit assemblies for China's C919 narrow-body airliner which is now in service in China. In the first nine months of 2025, Firan reported consolidated sales of $139.34-million, up 19.2 per cent from the same period a year earlier. Asia accounted for $20.13-million in sales in the first nine months of 2025, up 62.3 per cent. The cockpit assemblies contract runs until the third quarter of 2026.
Exposure to China varies in these three companies. Nevertheless, their foothold in the world's second-largest economy may give them a head start to capitalize on the momentum the Carney government hopes to achieve with its road map, which ambitiously aims to increase Canadian exports to China by 50 per cent by 2030.
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