false 2025 FY 0001173382 0.5 xbrli:shares iso4217:CAD iso4217:CAD xbrli:shares cae:segment xbrli:pure iso4217:USD cae:training_centre cae:funded_defined_benefit_pension_plan cae:category cae:director cae:officer 0001173382 2024-04-01 2025-03-31 0001173382 dei:BusinessContactMember 2024-04-01 2025-03-31 0001173382 2025-03-31 0001173382 2023-04-01 2024-03-31 0001173382 2024-03-31 0001173382 ifrs-full:IssuedCapitalMember 2023-03-31 0001173382 ifrs-full:SharePremiumMember 2023-03-31 0001173382 ifrs-full:AccumulatedOtherComprehensiveIncomeMember 2023-03-31 0001173382 ifrs-full:RetainedEarningsMember 2023-03-31 0001173382 ifrs-full:EquityAttributableToOwnersOfParentMember 2023-03-31 0001173382 ifrs-full:NoncontrollingInterestsMember 2023-03-31 0001173382 2023-03-31 0001173382 ifrs-full:RetainedEarningsMember 2023-04-01 2024-03-31 0001173382 ifrs-full:EquityAttributableToOwnersOfParentMember 2023-04-01 2024-03-31 0001173382 ifrs-full:NoncontrollingInterestsMember 2023-04-01 2024-03-31 0001173382 ifrs-full:AccumulatedOtherComprehensiveIncomeMember 2023-04-01 2024-03-31 0001173382 ifrs-full:IssuedCapitalMember 2023-04-01 2024-03-31 0001173382 ifrs-full:SharePremiumMember 2023-04-01 2024-03-31 0001173382 ifrs-full:IssuedCapitalMember 2024-03-31 0001173382 ifrs-full:SharePremiumMember 2024-03-31 0001173382 ifrs-full:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001173382 ifrs-full:RetainedEarningsMember 2024-03-31 0001173382 ifrs-full:EquityAttributableToOwnersOfParentMember 2024-03-31 0001173382 ifrs-full:NoncontrollingInterestsMember 2024-03-31 0001173382 ifrs-full:RetainedEarningsMember 2024-04-01 2025-03-31 0001173382 ifrs-full:EquityAttributableToOwnersOfParentMember 2024-04-01 2025-03-31 0001173382 ifrs-full:NoncontrollingInterestsMember 2024-04-01 2025-03-31 0001173382 ifrs-full:AccumulatedOtherComprehensiveIncomeMember 2024-04-01 2025-03-31 0001173382 ifrs-full:IssuedCapitalMember 2024-04-01 2025-03-31 0001173382 ifrs-full:SharePremiumMember 2024-04-01 2025-03-31 0001173382 ifrs-full:IssuedCapitalMember 2025-03-31 0001173382 ifrs-full:SharePremiumMember 2025-03-31 0001173382 ifrs-full:AccumulatedOtherComprehensiveIncomeMember 2025-03-31 0001173382 ifrs-full:RetainedEarningsMember 2025-03-31 0001173382 ifrs-full:EquityAttributableToOwnersOfParentMember 2025-03-31 0001173382 ifrs-full:NoncontrollingInterestsMember 2025-03-31 0001173382 cae:CAEUSAInc.Member 2024-04-01 2025-03-31 0001173382 cae:CAESimuFliteInc.Member 2024-04-01 2025-03-31 0001173382 ifrs-full:BuildingsMember ifrs-full:BottomOfRangeMember 2024-04-01 2025-03-31 0001173382 ifrs-full:BuildingsMember ifrs-full:TopOfRangeMember 2024-04-01 2025-03-31 0001173382 cae:SimulatorsMember 2024-04-01 2025-03-31 0001173382 cae:SimulatorsMember ifrs-full:TopOfRangeMember 2024-04-01 2025-03-31 0001173382 ifrs-full:MachineryMember ifrs-full:BottomOfRangeMember 2024-04-01 2025-03-31 0001173382 ifrs-full:MachineryMember ifrs-full:TopOfRangeMember 2024-04-01 2025-03-31 0001173382 ifrs-full:AircraftMember ifrs-full:TopOfRangeMember 2024-04-01 2025-03-31 0001173382 cae:AircraftEnginesMember ifrs-full:TopOfRangeMember 2024-04-01 2025-03-31 0001173382 cae:SimulatorsMember 2023-04-01 2024-03-31 0001173382 ifrs-full:TopOfRangeMember ifrs-full:LandAndBuildingsMember 2024-04-01 2025-03-31 0001173382 cae:SimulatorsMember 2024-04-01 2025-03-31 0001173382 ifrs-full:TopOfRangeMember cae:SimulatorsMember 2024-04-01 2025-03-31 0001173382 ifrs-full:TopOfRangeMember ifrs-full:MachineryMember 2024-04-01 2025-03-31 0001173382 ifrs-full:TopOfRangeMember ifrs-full:AircraftMember 2024-04-01 2025-03-31 0001173382 ifrs-full:TopOfRangeMember cae:AircraftEnginesMember 2024-04-01 2025-03-31 0001173382 cae:CapitalizedDevelopmentCostsMember ifrs-full:BottomOfRangeMember 2024-04-01 2025-03-31 0001173382 cae:CapitalizedDevelopmentCostsMember ifrs-full:TopOfRangeMember 2024-04-01 2025-03-31 0001173382 ifrs-full:CustomerrelatedIntangibleAssetsMember ifrs-full:BottomOfRangeMember 2024-04-01 2025-03-31 0001173382 ifrs-full:CustomerrelatedIntangibleAssetsMember ifrs-full:TopOfRangeMember 2024-04-01 2025-03-31 0001173382 cae:LicensesMember ifrs-full:BottomOfRangeMember 2024-04-01 2025-03-31 0001173382 cae:LicensesMember ifrs-full:TopOfRangeMember 2024-04-01 2025-03-31 0001173382 cae:TechnologySoftwareAndERPMember ifrs-full:BottomOfRangeMember 2024-04-01 2025-03-31 0001173382 cae:TechnologySoftwareAndERPMember ifrs-full:TopOfRangeMember 2024-04-01 2025-03-31 0001173382 ifrs-full:OtherIntangibleAssetsMember ifrs-full:BottomOfRangeMember 2024-04-01 2025-03-31 0001173382 ifrs-full:OtherIntangibleAssetsMember ifrs-full:TopOfRangeMember 2024-04-01 2025-03-31 0001173382 cae:CapitalizedDevelopmentCostsMember 2024-04-01 2025-03-31 0001173382 cae:CapitalizedDevelopmentCostsMember 2023-04-01 2024-03-31 0001173382 ifrs-full:BottomOfRangeMember 2024-04-01 2025-03-31 0001173382 ifrs-full:TopOfRangeMember 2024-04-01 2025-03-31 0001173382 ifrs-full:BottomOfRangeMember cae:GovernmentRoyaltiesMember 2025-03-31 0001173382 ifrs-full:TopOfRangeMember cae:GovernmentRoyaltiesMember 2025-03-31 0001173382 cae:SIMCOMAviationTrainingSIMCOMMember 2024-11-05 0001173382 cae:FlexjetLLCMember 2024-11-05 2024-11-05 0001173382 cae:SIMCOMAviationTrainingSIMCOMMember 2024-04-01 2024-11-04 0001173382 cae:SIMCOMAviationTrainingSIMCOMMember 2024-11-05 2024-11-05 0001173382 ifrs-full:DiscontinuedOperationsMember 2024-01-01 2024-03-31 0001173382 2024-02-16 2024-02-16 0001173382 ifrs-full:DiscontinuedOperationsMember 2024-02-16 2024-02-16 0001173382 ifrs-full:DiscontinuedOperationsMember 2024-02-16 0001173382 ifrs-full:DiscontinuedOperationsMember 2024-04-01 2025-03-31 0001173382 ifrs-full:DiscontinuedOperationsMember 2023-04-01 2024-03-31 0001173382 ifrs-full:DiscontinuedOperationsMember 2024-03-31 0001173382 ifrs-full:OperatingSegmentsMember cae:CivilAviationMember 2024-04-01 2025-03-31 0001173382 ifrs-full:OperatingSegmentsMember cae:CivilAviationMember 2023-04-01 2024-03-31 0001173382 ifrs-full:OperatingSegmentsMember cae:DefenseAndSecurityMember 2024-04-01 2025-03-31 0001173382 ifrs-full:OperatingSegmentsMember cae:DefenseAndSecurityMember 2023-04-01 2024-03-31 0001173382 ifrs-full:OperatingSegmentsMember 2024-04-01 2025-03-31 0001173382 ifrs-full:OperatingSegmentsMember 2023-04-01 2024-03-31 0001173382 ifrs-full:OperatingSegmentsMember ifrs-full:DiscontinuedOperationsMember 2024-04-01 2025-03-31 0001173382 ifrs-full:OperatingSegmentsMember ifrs-full:DiscontinuedOperationsMember 2023-04-01 2024-03-31 0001173382 ifrs-full:OperatingSegmentsMember cae:CivilAviationMember 2025-03-31 0001173382 ifrs-full:OperatingSegmentsMember cae:CivilAviationMember 2024-03-31 0001173382 ifrs-full:OperatingSegmentsMember cae:DefenseAndSecurityMember 2025-03-31 0001173382 ifrs-full:OperatingSegmentsMember cae:DefenseAndSecurityMember 2024-03-31 0001173382 ifrs-full:UnallocatedAmountsMember 2025-03-31 0001173382 ifrs-full:UnallocatedAmountsMember 2024-03-31 0001173382 cae:ProductsMember cae:CivilAviationMember 2024-04-01 2025-03-31 0001173382 cae:ProductsMember cae:CivilAviationMember 2023-04-01 2024-03-31 0001173382 cae:ProductsMember cae:DefenseAndSecurityMember 2024-04-01 2025-03-31 0001173382 cae:ProductsMember cae:DefenseAndSecurityMember 2023-04-01 2024-03-31 0001173382 cae:ProductsMember 2024-04-01 2025-03-31 0001173382 cae:ProductsMember 2023-04-01 2024-03-31 0001173382 cae:TrainingandServicesMember cae:CivilAviationMember 2024-04-01 2025-03-31 0001173382 cae:TrainingandServicesMember cae:CivilAviationMember 2023-04-01 2024-03-31 0001173382 cae:TrainingandServicesMember cae:DefenseAndSecurityMember 2024-04-01 2025-03-31 0001173382 cae:TrainingandServicesMember cae:DefenseAndSecurityMember 2023-04-01 2024-03-31 0001173382 cae:TrainingandServicesMember 2024-04-01 2025-03-31 0001173382 cae:TrainingandServicesMember 2023-04-01 2024-03-31 0001173382 cae:CivilAviationMember 2024-04-01 2025-03-31 0001173382 cae:CivilAviationMember 2023-04-01 2024-03-31 0001173382 cae:DefenseAndSecurityMember 2024-04-01 2025-03-31 0001173382 cae:DefenseAndSecurityMember 2023-04-01 2024-03-31 0001173382 country:CA 2024-04-01 2025-03-31 0001173382 country:CA 2023-04-01 2024-03-31 0001173382 country:US 2024-04-01 2025-03-31 0001173382 country:US 2023-04-01 2024-03-31 0001173382 country:GB 2024-04-01 2025-03-31 0001173382 country:GB 2023-04-01 2024-03-31 0001173382 cae:AmericasExcludingCanadaandUnitedStatesMember 2024-04-01 2025-03-31 0001173382 cae:AmericasExcludingCanadaandUnitedStatesMember 2023-04-01 2024-03-31 0001173382 srt:EuropeMember 2024-04-01 2025-03-31 0001173382 srt:EuropeMember 2023-04-01 2024-03-31 0001173382 srt:AsiaMember 2024-04-01 2025-03-31 0001173382 srt:AsiaMember 2023-04-01 2024-03-31 0001173382 cae:OceaniaAndAfricaMember 2024-04-01 2025-03-31 0001173382 cae:OceaniaAndAfricaMember 2023-04-01 2024-03-31 0001173382 country:CA 2025-03-31 0001173382 country:CA 2024-03-31 0001173382 country:US 2025-03-31 0001173382 country:US 2024-03-31 0001173382 country:GB 2025-03-31 0001173382 country:GB 2024-03-31 0001173382 cae:AmericasExcludingCanadaandUnitedStatesMember 2025-03-31 0001173382 cae:AmericasExcludingCanadaandUnitedStatesMember 2024-03-31 0001173382 srt:EuropeMember 2025-03-31 0001173382 srt:EuropeMember 2024-03-31 0001173382 srt:AsiaMember 2025-03-31 0001173382 srt:AsiaMember 2024-03-31 0001173382 cae:OceaniaAndAfricaMember 2025-03-31 0001173382 cae:OceaniaAndAfricaMember 2024-03-31 0001173382 2024-01-01 2024-03-31 0001173382 cae:SeveranceAndOtherEmployeeRelatedCostsMember 2024-04-01 2025-03-31 0001173382 cae:ImpairmentOfIntangibleAssetsMember 2024-04-01 2025-03-31 0001173382 cae:SabreAirCentreAirlineOperationsPortfolioMember 2024-04-01 2025-03-31 0001173382 cae:SabreAirCentreAirlineOperationsPortfolioMember 2023-04-01 2024-03-31 0001173382 cae:StrategicAerospaceAndDefenceInitiativeSADIProgramMember 2023-04-01 2024-03-31 0001173382 ifrs-full:UnusedTaxLossesMember 2024-03-31 0001173382 ifrs-full:UnusedTaxLossesMember 2024-04-01 2025-03-31 0001173382 ifrs-full:UnusedTaxLossesMember 2025-03-31 0001173382 cae:UnclaimedResearchAndDevelopmentExpendituresRelatedTemporaryDifferencesMember 2024-03-31 0001173382 cae:UnclaimedResearchAndDevelopmentExpendituresRelatedTemporaryDifferencesMember 2024-04-01 2025-03-31 0001173382 cae:UnclaimedResearchAndDevelopmentExpendituresRelatedTemporaryDifferencesMember 2025-03-31 0001173382 cae:InvestmentTaxCreditsRelatedTemporaryDifferencesMember 2024-03-31 0001173382 cae:InvestmentTaxCreditsRelatedTemporaryDifferencesMember 2024-04-01 2025-03-31 0001173382 cae:InvestmentTaxCreditsRelatedTemporaryDifferencesMember 2025-03-31 0001173382 cae:PropertyPlantAndEquipmentRelatedTemporaryDifferencesMember 2024-03-31 0001173382 cae:PropertyPlantAndEquipmentRelatedTemporaryDifferencesMember 2024-04-01 2025-03-31 0001173382 cae:PropertyPlantAndEquipmentRelatedTemporaryDifferencesMember 2025-03-31 0001173382 cae:IntangibleAssetsRelatedTemporaryDifferencesMember 2024-03-31 0001173382 cae:IntangibleAssetsRelatedTemporaryDifferencesMember 2024-04-01 2025-03-31 0001173382 cae:IntangibleAssetsRelatedTemporaryDifferencesMember 2025-03-31 0001173382 cae:AmountsNotCurrentlyDeductibleMember 2024-03-31 0001173382 cae:AmountsNotCurrentlyDeductibleMember 2024-04-01 2025-03-31 0001173382 cae:AmountsNotCurrentlyDeductibleMember 2025-03-31 0001173382 cae:GovernmentParticipationMember 2024-03-31 0001173382 cae:GovernmentParticipationMember 2024-04-01 2025-03-31 0001173382 cae:GovernmentParticipationMember 2025-03-31 0001173382 ifrs-full:OtherTemporaryDifferencesMember 2024-03-31 0001173382 ifrs-full:OtherTemporaryDifferencesMember 2024-04-01 2025-03-31 0001173382 ifrs-full:OtherTemporaryDifferencesMember 2025-03-31 0001173382 ifrs-full:UnusedTaxLossesMember 2023-03-31 0001173382 ifrs-full:UnusedTaxLossesMember 2023-04-01 2024-03-31 0001173382 cae:UnclaimedResearchAndDevelopmentExpendituresRelatedTemporaryDifferencesMember 2023-03-31 0001173382 cae:UnclaimedResearchAndDevelopmentExpendituresRelatedTemporaryDifferencesMember 2023-04-01 2024-03-31 0001173382 cae:InvestmentTaxCreditsRelatedTemporaryDifferencesMember 2023-03-31 0001173382 cae:InvestmentTaxCreditsRelatedTemporaryDifferencesMember 2023-04-01 2024-03-31 0001173382 cae:PropertyPlantAndEquipmentRelatedTemporaryDifferencesMember 2023-03-31 0001173382 cae:PropertyPlantAndEquipmentRelatedTemporaryDifferencesMember 2023-04-01 2024-03-31 0001173382 cae:IntangibleAssetsRelatedTemporaryDifferencesMember 2023-03-31 0001173382 cae:IntangibleAssetsRelatedTemporaryDifferencesMember 2023-04-01 2024-03-31 0001173382 cae:AmountsNotCurrentlyDeductibleMember 2023-03-31 0001173382 cae:AmountsNotCurrentlyDeductibleMember 2023-04-01 2024-03-31 0001173382 cae:GovernmentParticipationMember 2023-03-31 0001173382 cae:GovernmentParticipationMember 2023-04-01 2024-03-31 0001173382 ifrs-full:OtherTemporaryDifferencesMember 2023-03-31 0001173382 ifrs-full:OtherTemporaryDifferencesMember 2023-04-01 2024-03-31 0001173382 cae:TaxYear2026To2030Member 2025-03-31 0001173382 cae:TaxYear2031To2045Member 2025-03-31 0001173382 cae:IndefiniteTaxYearMember 2025-03-31 0001173382 cae:IndefiniteTaxYearMember cae:CapitalLossesMember 2025-03-31 0001173382 cae:IndefiniteTaxYearMember cae:CapitalLossesMember 2024-03-31 0001173382 2024-05-27 0001173382 ifrs-full:GrossCarryingAmountMember ifrs-full:CurrentMember 2025-03-31 0001173382 ifrs-full:GrossCarryingAmountMember ifrs-full:CurrentMember 2024-03-31 0001173382 ifrs-full:GrossCarryingAmountMember ifrs-full:NotLaterThanOneMonthMember 2025-03-31 0001173382 ifrs-full:GrossCarryingAmountMember ifrs-full:NotLaterThanOneMonthMember 2024-03-31 0001173382 ifrs-full:GrossCarryingAmountMember ifrs-full:LaterThanOneMonthAndNotLaterThanTwoMonthsMember 2025-03-31 0001173382 ifrs-full:GrossCarryingAmountMember ifrs-full:LaterThanOneMonthAndNotLaterThanTwoMonthsMember 2024-03-31 0001173382 ifrs-full:GrossCarryingAmountMember ifrs-full:LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember 2025-03-31 0001173382 ifrs-full:GrossCarryingAmountMember ifrs-full:LaterThanTwoMonthsAndNotLaterThanThreeMonthsMember 2024-03-31 0001173382 ifrs-full:GrossCarryingAmountMember ifrs-full:LaterThanThreeMonthsMember 2025-03-31 0001173382 ifrs-full:GrossCarryingAmountMember ifrs-full:LaterThanThreeMonthsMember 2024-03-31 0001173382 ifrs-full:AccumulatedImpairmentMember ifrs-full:TradeReceivablesMember 2025-03-31 0001173382 ifrs-full:AccumulatedImpairmentMember ifrs-full:TradeReceivablesMember 2024-03-31 0001173382 ifrs-full:AccumulatedImpairmentMember ifrs-full:TradeReceivablesMember 2023-03-31 0001173382 ifrs-full:AccumulatedImpairmentMember ifrs-full:TradeReceivablesMember 2024-04-01 2025-03-31 0001173382 ifrs-full:AccumulatedImpairmentMember ifrs-full:TradeReceivablesMember 2023-04-01 2024-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember 2024-04-01 2025-03-31 0001173382 ifrs-full:LaterThanOneYearMember 2024-04-01 2025-03-31 0001173382 ifrs-full:DiscontinuedOperationsMember 2025-03-31 0001173382 ifrs-full:LandAndBuildingsMember 2023-03-31 0001173382 cae:SimulatorsMember 2023-03-31 0001173382 ifrs-full:MachineryMember 2023-03-31 0001173382 cae:AircraftAndAircraftEnginesMember 2023-03-31 0001173382 ifrs-full:ConstructionInProgressMember 2023-03-31 0001173382 ifrs-full:LandAndBuildingsMember ifrs-full:PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember 2023-04-01 2024-03-31 0001173382 cae:SimulatorsMember ifrs-full:PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember 2023-04-01 2024-03-31 0001173382 ifrs-full:MachineryMember ifrs-full:PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember 2023-04-01 2024-03-31 0001173382 cae:AircraftAndAircraftEnginesMember ifrs-full:PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember 2023-04-01 2024-03-31 0001173382 ifrs-full:ConstructionInProgressMember ifrs-full:PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember 2023-04-01 2024-03-31 0001173382 ifrs-full:PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember 2023-04-01 2024-03-31 0001173382 ifrs-full:LandAndBuildingsMember 2023-04-01 2024-03-31 0001173382 ifrs-full:MachineryMember 2023-04-01 2024-03-31 0001173382 cae:AircraftAndAircraftEnginesMember 2023-04-01 2024-03-31 0001173382 ifrs-full:ConstructionInProgressMember 2023-04-01 2024-03-31 0001173382 ifrs-full:LandAndBuildingsMember ifrs-full:DiscontinuedOperationsMember 2023-04-01 2024-03-31 0001173382 cae:SimulatorsMember ifrs-full:DiscontinuedOperationsMember 2023-04-01 2024-03-31 0001173382 ifrs-full:MachineryMember ifrs-full:DiscontinuedOperationsMember 2023-04-01 2024-03-31 0001173382 cae:AircraftAndAircraftEnginesMember ifrs-full:DiscontinuedOperationsMember 2023-04-01 2024-03-31 0001173382 ifrs-full:ConstructionInProgressMember ifrs-full:DiscontinuedOperationsMember 2023-04-01 2024-03-31 0001173382 ifrs-full:LandAndBuildingsMember 2024-03-31 0001173382 cae:SimulatorsMember 2024-03-31 0001173382 ifrs-full:MachineryMember 2024-03-31 0001173382 cae:AircraftAndAircraftEnginesMember 2024-03-31 0001173382 ifrs-full:ConstructionInProgressMember 2024-03-31 0001173382 ifrs-full:LandAndBuildingsMember ifrs-full:PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember 2024-04-01 2025-03-31 0001173382 cae:SimulatorsMember ifrs-full:PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember 2024-04-01 2025-03-31 0001173382 ifrs-full:MachineryMember ifrs-full:PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember 2024-04-01 2025-03-31 0001173382 cae:AircraftAndAircraftEnginesMember ifrs-full:PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember 2024-04-01 2025-03-31 0001173382 ifrs-full:ConstructionInProgressMember ifrs-full:PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember 2024-04-01 2025-03-31 0001173382 ifrs-full:PropertyPlantAndEquipmentNotSubjectToOperatingLeasesMember 2024-04-01 2025-03-31 0001173382 ifrs-full:LandAndBuildingsMember 2024-04-01 2025-03-31 0001173382 ifrs-full:MachineryMember 2024-04-01 2025-03-31 0001173382 cae:AircraftAndAircraftEnginesMember 2024-04-01 2025-03-31 0001173382 ifrs-full:ConstructionInProgressMember 2024-04-01 2025-03-31 0001173382 ifrs-full:LandAndBuildingsMember ifrs-full:PropertyPlantAndEquipmentSubjectToOperatingLeasesMember 2024-04-01 2025-03-31 0001173382 cae:SimulatorsMember ifrs-full:PropertyPlantAndEquipmentSubjectToOperatingLeasesMember 2024-04-01 2025-03-31 0001173382 ifrs-full:MachineryMember ifrs-full:PropertyPlantAndEquipmentSubjectToOperatingLeasesMember 2024-04-01 2025-03-31 0001173382 cae:AircraftAndAircraftEnginesMember ifrs-full:PropertyPlantAndEquipmentSubjectToOperatingLeasesMember 2024-04-01 2025-03-31 0001173382 ifrs-full:ConstructionInProgressMember ifrs-full:PropertyPlantAndEquipmentSubjectToOperatingLeasesMember 2024-04-01 2025-03-31 0001173382 ifrs-full:PropertyPlantAndEquipmentSubjectToOperatingLeasesMember 2024-04-01 2025-03-31 0001173382 ifrs-full:LandAndBuildingsMember 2025-03-31 0001173382 cae:SimulatorsMember 2025-03-31 0001173382 ifrs-full:MachineryMember 2025-03-31 0001173382 cae:AircraftAndAircraftEnginesMember 2025-03-31 0001173382 ifrs-full:ConstructionInProgressMember 2025-03-31 0001173382 ifrs-full:GrossCarryingAmountMember ifrs-full:LandAndBuildingsMember 2024-03-31 0001173382 ifrs-full:GrossCarryingAmountMember cae:SimulatorsMember 2024-03-31 0001173382 ifrs-full:GrossCarryingAmountMember ifrs-full:MachineryMember 2024-03-31 0001173382 ifrs-full:GrossCarryingAmountMember cae:AircraftAndAircraftEnginesMember 2024-03-31 0001173382 ifrs-full:GrossCarryingAmountMember ifrs-full:ConstructionInProgressMember 2024-03-31 0001173382 ifrs-full:GrossCarryingAmountMember 2024-03-31 0001173382 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:LandAndBuildingsMember 2024-03-31 0001173382 ifrs-full:AccumulatedDepreciationAndAmortisationMember cae:SimulatorsMember 2024-03-31 0001173382 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:MachineryMember 2024-03-31 0001173382 ifrs-full:AccumulatedDepreciationAndAmortisationMember cae:AircraftAndAircraftEnginesMember 2024-03-31 0001173382 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:ConstructionInProgressMember 2024-03-31 0001173382 ifrs-full:AccumulatedDepreciationAndAmortisationMember 2024-03-31 0001173382 ifrs-full:GrossCarryingAmountMember ifrs-full:LandAndBuildingsMember 2025-03-31 0001173382 ifrs-full:GrossCarryingAmountMember cae:SimulatorsMember 2025-03-31 0001173382 ifrs-full:GrossCarryingAmountMember ifrs-full:MachineryMember 2025-03-31 0001173382 ifrs-full:GrossCarryingAmountMember cae:AircraftAndAircraftEnginesMember 2025-03-31 0001173382 ifrs-full:GrossCarryingAmountMember ifrs-full:ConstructionInProgressMember 2025-03-31 0001173382 ifrs-full:GrossCarryingAmountMember 2025-03-31 0001173382 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:LandAndBuildingsMember 2025-03-31 0001173382 ifrs-full:AccumulatedDepreciationAndAmortisationMember cae:SimulatorsMember 2025-03-31 0001173382 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:MachineryMember 2025-03-31 0001173382 ifrs-full:AccumulatedDepreciationAndAmortisationMember cae:AircraftAndAircraftEnginesMember 2025-03-31 0001173382 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:ConstructionInProgressMember 2025-03-31 0001173382 ifrs-full:AccumulatedDepreciationAndAmortisationMember 2025-03-31 0001173382 cae:CostOfRevenueMember 2024-04-01 2025-03-31 0001173382 cae:CostOfRevenueMember 2023-04-01 2024-03-31 0001173382 cae:SellingGeneralAndAdministrativeExpenses1Member 2024-04-01 2025-03-31 0001173382 cae:SellingGeneralAndAdministrativeExpenses1Member 2023-04-01 2024-03-31 0001173382 ifrs-full:GoodwillMember 2023-03-31 0001173382 ifrs-full:CapitalisedDevelopmentExpenditureMember 2023-03-31 0001173382 ifrs-full:CustomerrelatedIntangibleAssetsMember 2023-03-31 0001173382 ifrs-full:LicencesMember 2023-03-31 0001173382 cae:TechnologySoftwareAndERPMember 2023-03-31 0001173382 ifrs-full:OtherIntangibleAssetsMember 2023-03-31 0001173382 ifrs-full:InternallyGeneratedMember ifrs-full:CapitalisedDevelopmentExpenditureMember 2023-04-01 2024-03-31 0001173382 ifrs-full:InternallyGeneratedMember ifrs-full:CustomerrelatedIntangibleAssetsMember 2023-04-01 2024-03-31 0001173382 ifrs-full:InternallyGeneratedMember ifrs-full:LicencesMember 2023-04-01 2024-03-31 0001173382 ifrs-full:InternallyGeneratedMember cae:TechnologySoftwareAndERPMember 2023-04-01 2024-03-31 0001173382 ifrs-full:InternallyGeneratedMember ifrs-full:OtherIntangibleAssetsMember 2023-04-01 2024-03-31 0001173382 ifrs-full:InternallyGeneratedMember 2023-04-01 2024-03-31 0001173382 ifrs-full:NotInternallyGeneratedMember ifrs-full:CapitalisedDevelopmentExpenditureMember 2023-04-01 2024-03-31 0001173382 ifrs-full:NotInternallyGeneratedMember ifrs-full:CustomerrelatedIntangibleAssetsMember 2023-04-01 2024-03-31 0001173382 ifrs-full:NotInternallyGeneratedMember ifrs-full:LicencesMember 2023-04-01 2024-03-31 0001173382 ifrs-full:NotInternallyGeneratedMember cae:TechnologySoftwareAndERPMember 2023-04-01 2024-03-31 0001173382 ifrs-full:NotInternallyGeneratedMember ifrs-full:OtherIntangibleAssetsMember 2023-04-01 2024-03-31 0001173382 ifrs-full:NotInternallyGeneratedMember 2023-04-01 2024-03-31 0001173382 ifrs-full:NotInternallyGeneratedMember ifrs-full:GoodwillMember 2023-04-01 2024-03-31 0001173382 ifrs-full:CapitalisedDevelopmentExpenditureMember 2023-04-01 2024-03-31 0001173382 ifrs-full:CustomerrelatedIntangibleAssetsMember 2023-04-01 2024-03-31 0001173382 ifrs-full:LicencesMember 2023-04-01 2024-03-31 0001173382 cae:TechnologySoftwareAndERPMember 2023-04-01 2024-03-31 0001173382 ifrs-full:OtherIntangibleAssetsMember 2023-04-01 2024-03-31 0001173382 ifrs-full:GoodwillMember 2023-04-01 2024-03-31 0001173382 ifrs-full:GoodwillMember 2024-03-31 0001173382 ifrs-full:CapitalisedDevelopmentExpenditureMember 2024-03-31 0001173382 ifrs-full:CustomerrelatedIntangibleAssetsMember 2024-03-31 0001173382 ifrs-full:LicencesMember 2024-03-31 0001173382 cae:TechnologySoftwareAndERPMember 2024-03-31 0001173382 ifrs-full:OtherIntangibleAssetsMember 2024-03-31 0001173382 ifrs-full:InternallyGeneratedMember ifrs-full:CapitalisedDevelopmentExpenditureMember 2024-04-01 2025-03-31 0001173382 ifrs-full:InternallyGeneratedMember ifrs-full:CustomerrelatedIntangibleAssetsMember 2024-04-01 2025-03-31 0001173382 ifrs-full:InternallyGeneratedMember ifrs-full:LicencesMember 2024-04-01 2025-03-31 0001173382 ifrs-full:InternallyGeneratedMember cae:TechnologySoftwareAndERPMember 2024-04-01 2025-03-31 0001173382 ifrs-full:InternallyGeneratedMember ifrs-full:OtherIntangibleAssetsMember 2024-04-01 2025-03-31 0001173382 ifrs-full:InternallyGeneratedMember 2024-04-01 2025-03-31 0001173382 ifrs-full:NotInternallyGeneratedMember ifrs-full:CapitalisedDevelopmentExpenditureMember 2024-04-01 2025-03-31 0001173382 ifrs-full:NotInternallyGeneratedMember ifrs-full:CustomerrelatedIntangibleAssetsMember 2024-04-01 2025-03-31 0001173382 ifrs-full:NotInternallyGeneratedMember ifrs-full:LicencesMember 2024-04-01 2025-03-31 0001173382 ifrs-full:NotInternallyGeneratedMember cae:TechnologySoftwareAndERPMember 2024-04-01 2025-03-31 0001173382 ifrs-full:NotInternallyGeneratedMember ifrs-full:OtherIntangibleAssetsMember 2024-04-01 2025-03-31 0001173382 ifrs-full:NotInternallyGeneratedMember 2024-04-01 2025-03-31 0001173382 cae:NonCashAdditionsMember ifrs-full:CapitalisedDevelopmentExpenditureMember 2024-04-01 2025-03-31 0001173382 cae:NonCashAdditionsMember ifrs-full:CustomerrelatedIntangibleAssetsMember 2024-04-01 2025-03-31 0001173382 cae:NonCashAdditionsMember ifrs-full:LicencesMember 2024-04-01 2025-03-31 0001173382 cae:NonCashAdditionsMember cae:TechnologySoftwareAndERPMember 2024-04-01 2025-03-31 0001173382 cae:NonCashAdditionsMember ifrs-full:OtherIntangibleAssetsMember 2024-04-01 2025-03-31 0001173382 cae:NonCashAdditionsMember 2024-04-01 2025-03-31 0001173382 ifrs-full:GoodwillMember 2024-04-01 2025-03-31 0001173382 ifrs-full:CapitalisedDevelopmentExpenditureMember 2024-04-01 2025-03-31 0001173382 ifrs-full:CustomerrelatedIntangibleAssetsMember 2024-04-01 2025-03-31 0001173382 ifrs-full:LicencesMember 2024-04-01 2025-03-31 0001173382 cae:TechnologySoftwareAndERPMember 2024-04-01 2025-03-31 0001173382 ifrs-full:OtherIntangibleAssetsMember 2024-04-01 2025-03-31 0001173382 ifrs-full:GoodwillMember 2025-03-31 0001173382 ifrs-full:CapitalisedDevelopmentExpenditureMember 2025-03-31 0001173382 ifrs-full:CustomerrelatedIntangibleAssetsMember 2025-03-31 0001173382 ifrs-full:LicencesMember 2025-03-31 0001173382 cae:TechnologySoftwareAndERPMember 2025-03-31 0001173382 ifrs-full:OtherIntangibleAssetsMember 2025-03-31 0001173382 ifrs-full:GrossCarryingAmountMember ifrs-full:GoodwillMember 2024-03-31 0001173382 ifrs-full:GrossCarryingAmountMember ifrs-full:CapitalisedDevelopmentExpenditureMember 2024-03-31 0001173382 ifrs-full:GrossCarryingAmountMember ifrs-full:CustomerrelatedIntangibleAssetsMember 2024-03-31 0001173382 ifrs-full:GrossCarryingAmountMember ifrs-full:LicencesMember 2024-03-31 0001173382 ifrs-full:GrossCarryingAmountMember cae:TechnologySoftwareAndERPMember 2024-03-31 0001173382 ifrs-full:GrossCarryingAmountMember ifrs-full:OtherIntangibleAssetsMember 2024-03-31 0001173382 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:GoodwillMember 2024-03-31 0001173382 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:CapitalisedDevelopmentExpenditureMember 2024-03-31 0001173382 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:CustomerrelatedIntangibleAssetsMember 2024-03-31 0001173382 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:LicencesMember 2024-03-31 0001173382 ifrs-full:AccumulatedDepreciationAndAmortisationMember cae:TechnologySoftwareAndERPMember 2024-03-31 0001173382 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:OtherIntangibleAssetsMember 2024-03-31 0001173382 ifrs-full:GrossCarryingAmountMember ifrs-full:GoodwillMember 2025-03-31 0001173382 ifrs-full:GrossCarryingAmountMember ifrs-full:CapitalisedDevelopmentExpenditureMember 2025-03-31 0001173382 ifrs-full:GrossCarryingAmountMember ifrs-full:CustomerrelatedIntangibleAssetsMember 2025-03-31 0001173382 ifrs-full:GrossCarryingAmountMember ifrs-full:LicencesMember 2025-03-31 0001173382 ifrs-full:GrossCarryingAmountMember cae:TechnologySoftwareAndERPMember 2025-03-31 0001173382 ifrs-full:GrossCarryingAmountMember ifrs-full:OtherIntangibleAssetsMember 2025-03-31 0001173382 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:GoodwillMember 2025-03-31 0001173382 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:CapitalisedDevelopmentExpenditureMember 2025-03-31 0001173382 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:CustomerrelatedIntangibleAssetsMember 2025-03-31 0001173382 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:LicencesMember 2025-03-31 0001173382 ifrs-full:AccumulatedDepreciationAndAmortisationMember cae:TechnologySoftwareAndERPMember 2025-03-31 0001173382 ifrs-full:AccumulatedDepreciationAndAmortisationMember ifrs-full:OtherIntangibleAssetsMember 2025-03-31 0001173382 cae:ResearchAndDevelopmentExpensesMember 2024-04-01 2025-03-31 0001173382 cae:ResearchAndDevelopmentExpensesMember 2023-04-01 2024-03-31 0001173382 cae:CivilAviationMember 2023-03-31 0001173382 cae:DefenseAndSecurityMember 2023-03-31 0001173382 ifrs-full:DiscontinuedOperationsMember 2023-03-31 0001173382 cae:CivilAviationMember 2024-03-31 0001173382 cae:DefenseAndSecurityMember 2024-03-31 0001173382 cae:CivilAviationMember 2025-03-31 0001173382 cae:DefenseAndSecurityMember 2025-03-31 0001173382 cae:CivilAviationAndDefenseAndSecurityMember 2024-04-01 2025-03-31 0001173382 cae:CivilAviationAndDefenseAndSecurityMember 2025-03-31 0001173382 ifrs-full:BottomOfRangeMember 2025-03-31 0001173382 ifrs-full:TopOfRangeMember 2025-03-31 0001173382 ifrs-full:RevenueMultipleMeasurementInputMember cae:CivilAviationAndDefenseAndSecurityMember 2025-03-31 0001173382 ifrs-full:FinancialForecastOfProfitOrLossForCashgeneratingUnitMeasurementInputMember cae:CivilAviationAndDefenseAndSecurityMember 2025-03-31 0001173382 ifrs-full:DiscountRateMeasurementInputMember cae:CivilAviationAndDefenseAndSecurityMember 2025-03-31 0001173382 ifrs-full:LandAndBuildingsMember 2023-03-31 0001173382 cae:SimulatorsMember 2023-03-31 0001173382 ifrs-full:MachineryMember 2023-03-31 0001173382 ifrs-full:AircraftMember 2023-03-31 0001173382 ifrs-full:LandAndBuildingsMember 2023-04-01 2024-03-31 0001173382 cae:SimulatorsMember 2023-04-01 2024-03-31 0001173382 ifrs-full:MachineryMember 2023-04-01 2024-03-31 0001173382 ifrs-full:AircraftMember 2023-04-01 2024-03-31 0001173382 ifrs-full:LandAndBuildingsMember 2024-03-31 0001173382 cae:SimulatorsMember 2024-03-31 0001173382 ifrs-full:MachineryMember 2024-03-31 0001173382 ifrs-full:AircraftMember 2024-03-31 0001173382 ifrs-full:LandAndBuildingsMember 2024-04-01 2025-03-31 0001173382 ifrs-full:MachineryMember 2024-04-01 2025-03-31 0001173382 ifrs-full:AircraftMember 2024-04-01 2025-03-31 0001173382 ifrs-full:LandAndBuildingsMember 2025-03-31 0001173382 cae:SimulatorsMember 2025-03-31 0001173382 ifrs-full:MachineryMember 2025-03-31 0001173382 ifrs-full:AircraftMember 2025-03-31 0001173382 ifrs-full:CostOfSalesMember 2024-04-01 2025-03-31 0001173382 ifrs-full:CostOfSalesMember 2023-04-01 2024-03-31 0001173382 ifrs-full:SellingGeneralAndAdministrativeExpenseMember 2024-04-01 2025-03-31 0001173382 ifrs-full:SellingGeneralAndAdministrativeExpenseMember 2023-04-01 2024-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember 2025-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember 2024-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember 2025-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember 2024-03-31 0001173382 ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember 2025-03-31 0001173382 ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember 2024-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember 2025-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember 2024-03-31 0001173382 ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember 2025-03-31 0001173382 ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember 2024-03-31 0001173382 ifrs-full:LaterThanFiveYearsMember 2025-03-31 0001173382 ifrs-full:LaterThanFiveYearsMember 2024-03-31 0001173382 ifrs-full:AggregatedIndividuallyImmaterialJointVenturesMember 2023-03-31 0001173382 ifrs-full:AggregatedIndividuallyImmaterialJointVenturesMember 2023-04-01 2024-03-31 0001173382 ifrs-full:AggregatedIndividuallyImmaterialJointVenturesMember 2024-03-31 0001173382 ifrs-full:AggregatedIndividuallyImmaterialJointVenturesMember 2024-04-01 2025-03-31 0001173382 ifrs-full:AggregatedIndividuallyImmaterialJointVenturesMember 2025-03-31 0001173382 ifrs-full:JointVenturesMember 2025-03-31 0001173382 ifrs-full:JointVenturesMember 2024-03-31 0001173382 ifrs-full:JointVenturesMember 2024-04-01 2025-03-31 0001173382 ifrs-full:JointVenturesMember 2023-04-01 2024-03-31 0001173382 ifrs-full:ProvisionForDecommissioningRestorationAndRehabilitationCostsMember 2024-03-31 0001173382 ifrs-full:RestructuringProvisionMember 2024-03-31 0001173382 ifrs-full:LegalProceedingsProvisionMember 2024-03-31 0001173382 ifrs-full:WarrantyProvisionMember 2024-03-31 0001173382 cae:OnerousContractsAndMiscellaneousOtherProvisionsMember 2024-03-31 0001173382 ifrs-full:ProvisionForDecommissioningRestorationAndRehabilitationCostsMember 2024-04-01 2025-03-31 0001173382 ifrs-full:RestructuringProvisionMember 2024-04-01 2025-03-31 0001173382 ifrs-full:LegalProceedingsProvisionMember 2024-04-01 2025-03-31 0001173382 ifrs-full:WarrantyProvisionMember 2024-04-01 2025-03-31 0001173382 cae:OnerousContractsAndMiscellaneousOtherProvisionsMember 2024-04-01 2025-03-31 0001173382 ifrs-full:ProvisionForDecommissioningRestorationAndRehabilitationCostsMember 2025-03-31 0001173382 ifrs-full:RestructuringProvisionMember 2025-03-31 0001173382 ifrs-full:LegalProceedingsProvisionMember 2025-03-31 0001173382 ifrs-full:WarrantyProvisionMember 2025-03-31 0001173382 cae:OnerousContractsAndMiscellaneousOtherProvisionsMember 2025-03-31 0001173382 ifrs-full:BottomOfRangeMember cae:UnsecuredSeniorNotesUSDollarFixedRateMember 2025-03-31 0001173382 ifrs-full:TopOfRangeMember cae:UnsecuredSeniorNotesUSDollarFixedRateMember 2025-03-31 0001173382 cae:UnsecuredSeniorNotesUSDollarFixedRateMember 2025-03-31 0001173382 cae:UnsecuredSeniorNotesUSDollarFixedRateMember 2024-03-31 0001173382 cae:UnsecuredSeniorNotesCanadianDollarSeries1FixedRateMember 2025-03-31 0001173382 cae:UnsecuredSeniorNotesCanadianDollarSeries1FixedRateMember 2024-03-31 0001173382 cae:UnsecuredSeniorNotesCanadianDollarFixedRateMember 2025-03-31 0001173382 cae:UnsecuredSeniorNotesCanadianDollarFixedRateMember 2024-03-31 0001173382 cae:TermLoansUSDollarVariableRateMember 2025-03-31 0001173382 cae:TermLoansUSDollarVariableRateMember 2024-03-31 0001173382 cae:TermLoansCanadianDollarVariableRateMember 2025-03-31 0001173382 cae:TermLoansCanadianDollarVariableRateMember 2024-03-31 0001173382 cae:TermLoansOtherMember 2025-03-31 0001173382 cae:TermLoansOtherMember 2024-03-31 0001173382 cae:LeaseLiabilitiesUSDollarMember 2025-03-31 0001173382 cae:LeaseLiabilitiesUSDollarMember 2024-03-31 0001173382 cae:LeaseLiabilitiesOtherMember 2025-03-31 0001173382 cae:LeaseLiabilitiesOtherMember 2024-03-31 0001173382 cae:ResearchAndDevelopmentObligationsCanadianDollarMember 2025-03-31 0001173382 cae:ResearchAndDevelopmentObligationsCanadianDollarMember 2024-03-31 0001173382 cae:RevolvingCreditFacilitiesUSDollarVariableRateMember 2025-03-31 0001173382 cae:RevolvingCreditFacilitiesUSDollarVariableRateMember 2024-03-31 0001173382 cae:RevolvingCreditFacilitiesCanadianDollarVariableRateMember 2025-03-31 0001173382 cae:RevolvingCreditFacilitiesCanadianDollarVariableRateMember 2024-03-31 0001173382 cae:RevolvingCreditFacilitiesVariableRateMember 2024-09-30 0001173382 cae:UnsecuredTermLoanVariableRateMember 2024-12-31 0001173382 cae:UnsecuredSeniorNotesFixedRateMember 2024-12-01 2024-12-31 0001173382 cae:UnsecuredSeniorNotesMember 2023-03-31 0001173382 cae:TermLoansMember 2023-03-31 0001173382 ifrs-full:LeaseLiabilitiesMember 2023-03-31 0001173382 cae:ResearchAndDevelopmentObligationsMember 2023-03-31 0001173382 cae:RevolvingUnsecuredCreditFacilitiesMember 2023-03-31 0001173382 cae:UnsecuredSeniorNotesMember 2023-04-01 2024-03-31 0001173382 cae:TermLoansMember 2023-04-01 2024-03-31 0001173382 ifrs-full:LeaseLiabilitiesMember 2023-04-01 2024-03-31 0001173382 cae:ResearchAndDevelopmentObligationsMember 2023-04-01 2024-03-31 0001173382 cae:RevolvingUnsecuredCreditFacilitiesMember 2023-04-01 2024-03-31 0001173382 cae:UnsecuredSeniorNotesMember 2024-03-31 0001173382 cae:TermLoansMember 2024-03-31 0001173382 ifrs-full:LeaseLiabilitiesMember 2024-03-31 0001173382 cae:ResearchAndDevelopmentObligationsMember 2024-03-31 0001173382 cae:RevolvingUnsecuredCreditFacilitiesMember 2024-03-31 0001173382 cae:UnsecuredSeniorNotesMember 2024-04-01 2025-03-31 0001173382 cae:TermLoansMember 2024-04-01 2025-03-31 0001173382 ifrs-full:LeaseLiabilitiesMember 2024-04-01 2025-03-31 0001173382 cae:ResearchAndDevelopmentObligationsMember 2024-04-01 2025-03-31 0001173382 cae:RevolvingUnsecuredCreditFacilitiesMember 2024-04-01 2025-03-31 0001173382 cae:UnsecuredSeniorNotesMember 2025-03-31 0001173382 cae:TermLoansMember 2025-03-31 0001173382 ifrs-full:LeaseLiabilitiesMember 2025-03-31 0001173382 cae:ResearchAndDevelopmentObligationsMember 2025-03-31 0001173382 cae:RevolvingUnsecuredCreditFacilitiesMember 2025-03-31 0001173382 ifrs-full:PresentValueOfDefinedBenefitObligationMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember 2025-03-31 0001173382 ifrs-full:PresentValueOfDefinedBenefitObligationMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember 2024-03-31 0001173382 ifrs-full:PlanAssetsMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember 2025-03-31 0001173382 ifrs-full:PlanAssetsMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember 2024-03-31 0001173382 ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember 2025-03-31 0001173382 ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember 2024-03-31 0001173382 ifrs-full:PresentValueOfDefinedBenefitObligationMember ifrs-full:WhollyUnfundedDefinedBenefitPlansMember 2025-03-31 0001173382 ifrs-full:PresentValueOfDefinedBenefitObligationMember ifrs-full:WhollyUnfundedDefinedBenefitPlansMember 2024-03-31 0001173382 ifrs-full:CountryOfDomicileMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2024-03-31 0001173382 ifrs-full:ForeignCountriesMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2024-03-31 0001173382 ifrs-full:CountryOfDomicileMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2023-03-31 0001173382 ifrs-full:ForeignCountriesMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2023-03-31 0001173382 ifrs-full:PresentValueOfDefinedBenefitObligationMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember 2023-03-31 0001173382 ifrs-full:CountryOfDomicileMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2024-04-01 2025-03-31 0001173382 ifrs-full:ForeignCountriesMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2024-04-01 2025-03-31 0001173382 ifrs-full:PresentValueOfDefinedBenefitObligationMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember 2024-04-01 2025-03-31 0001173382 ifrs-full:CountryOfDomicileMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2023-04-01 2024-03-31 0001173382 ifrs-full:ForeignCountriesMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2023-04-01 2024-03-31 0001173382 ifrs-full:PresentValueOfDefinedBenefitObligationMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember 2023-04-01 2024-03-31 0001173382 ifrs-full:CountryOfDomicileMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2025-03-31 0001173382 ifrs-full:ForeignCountriesMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2025-03-31 0001173382 ifrs-full:CountryOfDomicileMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember ifrs-full:PlanAssetsMember 2024-03-31 0001173382 ifrs-full:ForeignCountriesMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember ifrs-full:PlanAssetsMember 2024-03-31 0001173382 ifrs-full:CountryOfDomicileMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember ifrs-full:PlanAssetsMember 2023-03-31 0001173382 ifrs-full:ForeignCountriesMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember ifrs-full:PlanAssetsMember 2023-03-31 0001173382 ifrs-full:PlanAssetsMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember 2023-03-31 0001173382 ifrs-full:CountryOfDomicileMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember ifrs-full:PlanAssetsMember 2024-04-01 2025-03-31 0001173382 ifrs-full:ForeignCountriesMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember ifrs-full:PlanAssetsMember 2024-04-01 2025-03-31 0001173382 ifrs-full:PlanAssetsMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember 2024-04-01 2025-03-31 0001173382 ifrs-full:CountryOfDomicileMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember ifrs-full:PlanAssetsMember 2023-04-01 2024-03-31 0001173382 ifrs-full:ForeignCountriesMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember ifrs-full:PlanAssetsMember 2023-04-01 2024-03-31 0001173382 ifrs-full:PlanAssetsMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember 2023-04-01 2024-03-31 0001173382 ifrs-full:CountryOfDomicileMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember ifrs-full:PlanAssetsMember 2025-03-31 0001173382 ifrs-full:ForeignCountriesMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember ifrs-full:PlanAssetsMember 2025-03-31 0001173382 ifrs-full:PresentValueOfDefinedBenefitObligationMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember 2023-06-01 2023-06-30 0001173382 ifrs-full:PlanAssetsMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember 2023-06-01 2023-06-30 0001173382 ifrs-full:CountryOfDomicileMember ifrs-full:WhollyUnfundedDefinedBenefitPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2024-03-31 0001173382 ifrs-full:ForeignCountriesMember ifrs-full:WhollyUnfundedDefinedBenefitPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2024-03-31 0001173382 ifrs-full:CountryOfDomicileMember ifrs-full:WhollyUnfundedDefinedBenefitPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2023-03-31 0001173382 ifrs-full:ForeignCountriesMember ifrs-full:WhollyUnfundedDefinedBenefitPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2023-03-31 0001173382 ifrs-full:PresentValueOfDefinedBenefitObligationMember ifrs-full:WhollyUnfundedDefinedBenefitPlansMember 2023-03-31 0001173382 ifrs-full:CountryOfDomicileMember ifrs-full:WhollyUnfundedDefinedBenefitPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2024-04-01 2025-03-31 0001173382 ifrs-full:ForeignCountriesMember ifrs-full:WhollyUnfundedDefinedBenefitPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2024-04-01 2025-03-31 0001173382 ifrs-full:PresentValueOfDefinedBenefitObligationMember ifrs-full:WhollyUnfundedDefinedBenefitPlansMember 2024-04-01 2025-03-31 0001173382 ifrs-full:CountryOfDomicileMember ifrs-full:WhollyUnfundedDefinedBenefitPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2023-04-01 2024-03-31 0001173382 ifrs-full:ForeignCountriesMember ifrs-full:WhollyUnfundedDefinedBenefitPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2023-04-01 2024-03-31 0001173382 ifrs-full:PresentValueOfDefinedBenefitObligationMember ifrs-full:WhollyUnfundedDefinedBenefitPlansMember 2023-04-01 2024-03-31 0001173382 ifrs-full:CountryOfDomicileMember ifrs-full:WhollyUnfundedDefinedBenefitPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2025-03-31 0001173382 ifrs-full:ForeignCountriesMember ifrs-full:WhollyUnfundedDefinedBenefitPlansMember ifrs-full:PresentValueOfDefinedBenefitObligationMember 2025-03-31 0001173382 ifrs-full:CountryOfDomicileMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember 2024-04-01 2025-03-31 0001173382 ifrs-full:ForeignCountriesMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember 2024-04-01 2025-03-31 0001173382 ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember 2024-04-01 2025-03-31 0001173382 ifrs-full:CountryOfDomicileMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember 2023-04-01 2024-03-31 0001173382 ifrs-full:ForeignCountriesMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember 2023-04-01 2024-03-31 0001173382 ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember 2023-04-01 2024-03-31 0001173382 ifrs-full:CountryOfDomicileMember ifrs-full:WhollyUnfundedDefinedBenefitPlansMember 2024-04-01 2025-03-31 0001173382 ifrs-full:ForeignCountriesMember ifrs-full:WhollyUnfundedDefinedBenefitPlansMember 2024-04-01 2025-03-31 0001173382 ifrs-full:WhollyUnfundedDefinedBenefitPlansMember 2024-04-01 2025-03-31 0001173382 ifrs-full:CountryOfDomicileMember ifrs-full:WhollyUnfundedDefinedBenefitPlansMember 2023-04-01 2024-03-31 0001173382 ifrs-full:ForeignCountriesMember ifrs-full:WhollyUnfundedDefinedBenefitPlansMember 2023-04-01 2024-03-31 0001173382 ifrs-full:WhollyUnfundedDefinedBenefitPlansMember 2023-04-01 2024-03-31 0001173382 ifrs-full:CountryOfDomicileMember 2024-04-01 2025-03-31 0001173382 ifrs-full:ForeignCountriesMember 2024-04-01 2025-03-31 0001173382 ifrs-full:CountryOfDomicileMember 2023-04-01 2024-03-31 0001173382 ifrs-full:ForeignCountriesMember 2023-04-01 2024-03-31 0001173382 cae:RestructuringIntegrationAndAcquisitionCostsMember 2024-04-01 2025-03-31 0001173382 cae:RestructuringIntegrationAndAcquisitionCostsMember 2023-04-01 2024-03-31 0001173382 cae:FinanceExpenseMember 2024-04-01 2025-03-31 0001173382 cae:FinanceExpenseMember 2023-04-01 2024-03-31 0001173382 cae:CapitalizedPensionCostsMember 2024-04-01 2025-03-31 0001173382 cae:CapitalizedPensionCostsMember 2023-04-01 2024-03-31 0001173382 cae:OtherGainsAndLossesMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember 2023-04-01 2024-03-31 0001173382 ifrs-full:DiscontinuedOperationsMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember 2023-04-01 2024-03-31 0001173382 ifrs-full:Level1OfFairValueHierarchyMember cae:EquitySecuritiesDomesticMember ifrs-full:CountryOfDomicileMember 2025-03-31 0001173382 ifrs-full:Level2And3OfFairValueHierarchyMember cae:EquitySecuritiesDomesticMember ifrs-full:CountryOfDomicileMember 2025-03-31 0001173382 cae:EquitySecuritiesDomesticMember ifrs-full:CountryOfDomicileMember 2025-03-31 0001173382 ifrs-full:Level1OfFairValueHierarchyMember cae:EquitySecuritiesDomesticMember ifrs-full:CountryOfDomicileMember 2024-03-31 0001173382 ifrs-full:Level2And3OfFairValueHierarchyMember cae:EquitySecuritiesDomesticMember ifrs-full:CountryOfDomicileMember 2024-03-31 0001173382 cae:EquitySecuritiesDomesticMember ifrs-full:CountryOfDomicileMember 2024-03-31 0001173382 ifrs-full:Level1OfFairValueHierarchyMember cae:EquitySecuritiesForeignMember ifrs-full:CountryOfDomicileMember 2025-03-31 0001173382 ifrs-full:Level2And3OfFairValueHierarchyMember cae:EquitySecuritiesForeignMember ifrs-full:CountryOfDomicileMember 2025-03-31 0001173382 cae:EquitySecuritiesForeignMember ifrs-full:CountryOfDomicileMember 2025-03-31 0001173382 ifrs-full:Level1OfFairValueHierarchyMember cae:EquitySecuritiesForeignMember ifrs-full:CountryOfDomicileMember 2024-03-31 0001173382 ifrs-full:Level2And3OfFairValueHierarchyMember cae:EquitySecuritiesForeignMember ifrs-full:CountryOfDomicileMember 2024-03-31 0001173382 cae:EquitySecuritiesForeignMember ifrs-full:CountryOfDomicileMember 2024-03-31 0001173382 ifrs-full:Level1OfFairValueHierarchyMember ifrs-full:CountryOfDomicileMember cae:MunicipalDebtMember 2025-03-31 0001173382 ifrs-full:Level2And3OfFairValueHierarchyMember ifrs-full:CountryOfDomicileMember cae:MunicipalDebtMember 2025-03-31 0001173382 cae:MunicipalDebtMember ifrs-full:CountryOfDomicileMember 2025-03-31 0001173382 ifrs-full:Level1OfFairValueHierarchyMember ifrs-full:CountryOfDomicileMember cae:MunicipalDebtMember 2024-03-31 0001173382 ifrs-full:Level2And3OfFairValueHierarchyMember ifrs-full:CountryOfDomicileMember cae:MunicipalDebtMember 2024-03-31 0001173382 cae:MunicipalDebtMember ifrs-full:CountryOfDomicileMember 2024-03-31 0001173382 ifrs-full:Level1OfFairValueHierarchyMember ifrs-full:CountryOfDomicileMember cae:CorporateDebtMember 2025-03-31 0001173382 ifrs-full:Level2And3OfFairValueHierarchyMember ifrs-full:CountryOfDomicileMember cae:CorporateDebtMember 2025-03-31 0001173382 cae:CorporateDebtMember ifrs-full:CountryOfDomicileMember 2025-03-31 0001173382 ifrs-full:Level1OfFairValueHierarchyMember ifrs-full:CountryOfDomicileMember cae:CorporateDebtMember 2024-03-31 0001173382 ifrs-full:Level2And3OfFairValueHierarchyMember ifrs-full:CountryOfDomicileMember cae:CorporateDebtMember 2024-03-31 0001173382 cae:CorporateDebtMember ifrs-full:CountryOfDomicileMember 2024-03-31 0001173382 ifrs-full:Level1OfFairValueHierarchyMember ifrs-full:CountryOfDomicileMember 2025-03-31 0001173382 ifrs-full:Level2And3OfFairValueHierarchyMember ifrs-full:CountryOfDomicileMember 2025-03-31 0001173382 ifrs-full:CountryOfDomicileMember 2025-03-31 0001173382 ifrs-full:Level1OfFairValueHierarchyMember ifrs-full:CountryOfDomicileMember 2024-03-31 0001173382 ifrs-full:Level2And3OfFairValueHierarchyMember ifrs-full:CountryOfDomicileMember 2024-03-31 0001173382 ifrs-full:CountryOfDomicileMember 2024-03-31 0001173382 ifrs-full:Level1OfFairValueHierarchyMember ifrs-full:ForeignCountriesMember 2025-03-31 0001173382 ifrs-full:Level2And3OfFairValueHierarchyMember ifrs-full:ForeignCountriesMember 2025-03-31 0001173382 ifrs-full:ForeignCountriesMember 2025-03-31 0001173382 ifrs-full:Level1OfFairValueHierarchyMember ifrs-full:ForeignCountriesMember 2024-03-31 0001173382 ifrs-full:Level2And3OfFairValueHierarchyMember ifrs-full:ForeignCountriesMember 2024-03-31 0001173382 ifrs-full:ForeignCountriesMember 2024-03-31 0001173382 ifrs-full:Level1OfFairValueHierarchyMember ifrs-full:ForeignCountriesMember cae:CorporateDebtMember 2025-03-31 0001173382 ifrs-full:Level2And3OfFairValueHierarchyMember ifrs-full:ForeignCountriesMember cae:CorporateDebtMember 2025-03-31 0001173382 cae:CorporateDebtMember ifrs-full:ForeignCountriesMember 2025-03-31 0001173382 ifrs-full:Level1OfFairValueHierarchyMember ifrs-full:ForeignCountriesMember cae:CorporateDebtMember 2024-03-31 0001173382 ifrs-full:Level2And3OfFairValueHierarchyMember ifrs-full:ForeignCountriesMember cae:CorporateDebtMember 2024-03-31 0001173382 cae:CorporateDebtMember ifrs-full:ForeignCountriesMember 2024-03-31 0001173382 ifrs-full:Level1OfFairValueHierarchyMember 2025-03-31 0001173382 ifrs-full:Level2And3OfFairValueHierarchyMember 2025-03-31 0001173382 ifrs-full:Level1OfFairValueHierarchyMember 2024-03-31 0001173382 ifrs-full:Level2And3OfFairValueHierarchyMember 2024-03-31 0001173382 cae:MaleMember cae:CPMPrivateTablesMember ifrs-full:CountryOfDomicileMember cae:LifeExpectancyatAge45Member 2024-04-01 2025-03-31 0001173382 cae:MaleMember cae:CPMPrivateTablesMember ifrs-full:CountryOfDomicileMember cae:LifeExpectancyatAge65Member 2024-04-01 2025-03-31 0001173382 cae:FemaleMember cae:CPMPrivateTablesMember ifrs-full:CountryOfDomicileMember cae:LifeExpectancyatAge45Member 2024-04-01 2025-03-31 0001173382 cae:FemaleMember cae:CPMPrivateTablesMember ifrs-full:CountryOfDomicileMember cae:LifeExpectancyatAge65Member 2024-04-01 2025-03-31 0001173382 cae:MaleMember cae:HeubeckRT2018GMember country:DE cae:LifeExpectancyatAge45Member 2024-04-01 2025-03-31 0001173382 cae:MaleMember cae:HeubeckRT2018GMember country:DE cae:LifeExpectancyatAge65Member 2024-04-01 2025-03-31 0001173382 cae:FemaleMember cae:HeubeckRT2018GMember country:DE cae:LifeExpectancyatAge45Member 2024-04-01 2025-03-31 0001173382 cae:FemaleMember cae:HeubeckRT2018GMember country:DE cae:LifeExpectancyatAge65Member 2024-04-01 2025-03-31 0001173382 cae:MaleMember cae:S4PFAMCMI2023Member country:GB cae:LifeExpectancyatAge45Member 2024-04-01 2025-03-31 0001173382 cae:MaleMember cae:S4PFAMCMI2023Member country:GB cae:LifeExpectancyatAge65Member 2024-04-01 2025-03-31 0001173382 cae:FemaleMember cae:S4PFAMCMI2023Member country:GB cae:LifeExpectancyatAge45Member 2024-04-01 2025-03-31 0001173382 cae:FemaleMember cae:S4PFAMCMI2023Member country:GB cae:LifeExpectancyatAge65Member 2024-04-01 2025-03-31 0001173382 cae:MaleMember cae:CPMPrivateTablesMember country:US cae:LifeExpectancyatAge45Member 2024-04-01 2025-03-31 0001173382 cae:MaleMember cae:CPMPrivateTablesMember country:US cae:LifeExpectancyatAge65Member 2024-04-01 2025-03-31 0001173382 cae:FemaleMember cae:CPMPrivateTablesMember country:US cae:LifeExpectancyatAge45Member 2024-04-01 2025-03-31 0001173382 cae:FemaleMember cae:CPMPrivateTablesMember country:US cae:LifeExpectancyatAge65Member 2024-04-01 2025-03-31 0001173382 cae:MaleMember cae:CPMPrivateTablesMember ifrs-full:CountryOfDomicileMember cae:LifeExpectancyatAge45Member 2023-04-01 2024-03-31 0001173382 cae:MaleMember cae:CPMPrivateTablesMember ifrs-full:CountryOfDomicileMember cae:LifeExpectancyatAge65Member 2023-04-01 2024-03-31 0001173382 cae:FemaleMember cae:CPMPrivateTablesMember ifrs-full:CountryOfDomicileMember cae:LifeExpectancyatAge45Member 2023-04-01 2024-03-31 0001173382 cae:FemaleMember cae:CPMPrivateTablesMember ifrs-full:CountryOfDomicileMember cae:LifeExpectancyatAge65Member 2023-04-01 2024-03-31 0001173382 cae:MaleMember cae:HeubeckRT2018GMember country:DE cae:LifeExpectancyatAge45Member 2023-04-01 2024-03-31 0001173382 cae:MaleMember cae:HeubeckRT2018GMember country:DE cae:LifeExpectancyatAge65Member 2023-04-01 2024-03-31 0001173382 cae:FemaleMember cae:HeubeckRT2018GMember country:DE cae:LifeExpectancyatAge45Member 2023-04-01 2024-03-31 0001173382 cae:FemaleMember cae:HeubeckRT2018GMember country:DE cae:LifeExpectancyatAge65Member 2023-04-01 2024-03-31 0001173382 cae:MaleMember cae:S3PFAMCMI2022Member country:GB cae:LifeExpectancyatAge45Member 2023-04-01 2024-03-31 0001173382 cae:MaleMember cae:S3PFAMCMI2022Member country:GB cae:LifeExpectancyatAge65Member 2023-04-01 2024-03-31 0001173382 cae:FemaleMember cae:S3PFAMCMI2022Member country:GB cae:LifeExpectancyatAge45Member 2023-04-01 2024-03-31 0001173382 cae:FemaleMember cae:S3PFAMCMI2022Member country:GB cae:LifeExpectancyatAge65Member 2023-04-01 2024-03-31 0001173382 cae:MaleMember cae:CPMPrivateTablesMember country:US cae:LifeExpectancyatAge45Member 2023-04-01 2024-03-31 0001173382 cae:MaleMember cae:CPMPrivateTablesMember country:US cae:LifeExpectancyatAge65Member 2023-04-01 2024-03-31 0001173382 cae:FemaleMember cae:CPMPrivateTablesMember country:US cae:LifeExpectancyatAge45Member 2023-04-01 2024-03-31 0001173382 cae:FemaleMember cae:CPMPrivateTablesMember country:US cae:LifeExpectancyatAge65Member 2023-04-01 2024-03-31 0001173382 ifrs-full:ActuarialAssumptionOfDiscountRatesMember ifrs-full:CountryOfDomicileMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember 2025-03-31 0001173382 ifrs-full:ActuarialAssumptionOfDiscountRatesMember ifrs-full:ForeignCountriesMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember 2025-03-31 0001173382 ifrs-full:ActuarialAssumptionOfDiscountRatesMember ifrs-full:CountryOfDomicileMember ifrs-full:WhollyUnfundedDefinedBenefitPlansMember 2025-03-31 0001173382 ifrs-full:ActuarialAssumptionOfDiscountRatesMember ifrs-full:ForeignCountriesMember ifrs-full:WhollyUnfundedDefinedBenefitPlansMember 2025-03-31 0001173382 ifrs-full:ActuarialAssumptionOfDiscountRatesMember 2025-03-31 0001173382 ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember ifrs-full:CountryOfDomicileMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember 2025-03-31 0001173382 ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember ifrs-full:ForeignCountriesMember ifrs-full:WhollyOrPartlyFundedDefinedBenefitPlansMember 2025-03-31 0001173382 ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember ifrs-full:CountryOfDomicileMember ifrs-full:WhollyUnfundedDefinedBenefitPlansMember 2025-03-31 0001173382 ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember ifrs-full:ForeignCountriesMember ifrs-full:WhollyUnfundedDefinedBenefitPlansMember 2025-03-31 0001173382 ifrs-full:ActuarialAssumptionOfExpectedRatesOfSalaryIncreasesMember 2025-03-31 0001173382 ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember 2024-03-31 0001173382 ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember 2023-03-31 0001173382 ifrs-full:ReserveOfCashFlowHedgesMember 2024-03-31 0001173382 ifrs-full:ReserveOfCashFlowHedgesMember 2023-03-31 0001173382 ifrs-full:ReserveOfGainsAndLossesOnRemeasuringAvailableforsaleFinancialAssetsMember 2024-03-31 0001173382 ifrs-full:ReserveOfGainsAndLossesOnRemeasuringAvailableforsaleFinancialAssetsMember 2023-03-31 0001173382 ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember 2024-04-01 2025-03-31 0001173382 ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember 2023-04-01 2024-03-31 0001173382 ifrs-full:ReserveOfCashFlowHedgesMember 2024-04-01 2025-03-31 0001173382 ifrs-full:ReserveOfCashFlowHedgesMember 2023-04-01 2024-03-31 0001173382 ifrs-full:ReserveOfGainsAndLossesOnRemeasuringAvailableforsaleFinancialAssetsMember 2024-04-01 2025-03-31 0001173382 ifrs-full:ReserveOfGainsAndLossesOnRemeasuringAvailableforsaleFinancialAssetsMember 2023-04-01 2024-03-31 0001173382 ifrs-full:ReserveOfExchangeDifferencesOnTranslationMember 2025-03-31 0001173382 ifrs-full:ReserveOfCashFlowHedgesMember 2025-03-31 0001173382 ifrs-full:ReserveOfGainsAndLossesOnRemeasuringAvailableforsaleFinancialAssetsMember 2025-03-31 0001173382 cae:EmployeeStockOptionPlanMember 2024-04-01 2025-03-31 0001173382 cae:EmployeeStockOptionPlanMember 2023-04-01 2024-03-31 0001173382 cae:EquitySettledRestrictedShareUnitPlanRSUMember 2024-04-01 2025-03-31 0001173382 cae:EquitySettledRestrictedShareUnitPlanRSUMember 2023-04-01 2024-03-31 0001173382 cae:EquitySettledPerformanceShareUnitPlanPSUMember 2024-04-01 2025-03-31 0001173382 cae:EquitySettledPerformanceShareUnitPlanPSUMember 2023-04-01 2024-03-31 0001173382 cae:EmployeeStockPurchasePlanESPPMember 2024-04-01 2025-03-31 0001173382 cae:EmployeeStockPurchasePlanESPPMember 2023-04-01 2024-03-31 0001173382 cae:DeferredShareUnitDSUMember 2024-04-01 2025-03-31 0001173382 cae:DeferredShareUnitDSUMember 2023-04-01 2024-03-31 0001173382 cae:CashSettledRestrictedShareUnitPlanRSUMember 2024-04-01 2025-03-31 0001173382 cae:CashSettledRestrictedShareUnitPlanRSUMember 2023-04-01 2024-03-31 0001173382 cae:CashSettledPerformanceShareUnitPlanPSUMember 2024-04-01 2025-03-31 0001173382 cae:CashSettledPerformanceShareUnitPlanPSUMember 2023-04-01 2024-03-31 0001173382 cae:DeferredShareUnitDSUMember 2025-03-31 0001173382 cae:DeferredShareUnitDSUMember 2024-03-31 0001173382 cae:CashSettledRestrictedShareUnitPlanRSUMember 2025-03-31 0001173382 cae:CashSettledRestrictedShareUnitPlanRSUMember 2024-03-31 0001173382 cae:CashSettledPerformanceShareUnitPlanPSUMember 2025-03-31 0001173382 cae:CashSettledPerformanceShareUnitPlanPSUMember 2024-03-31 0001173382 cae:EmployeeStockOptionPlanMember 2024-03-31 0001173382 cae:EmployeeStockOptionPlanMember 2023-03-31 0001173382 cae:EmployeeStockOptionPlanMember 2025-03-31 0001173382 srt:MinimumMember cae:ExercisePriceRangeOneMember 2025-03-31 0001173382 srt:MaximumMember cae:ExercisePriceRangeOneMember 2025-03-31 0001173382 cae:ExercisePriceRangeOneMember 2025-03-31 0001173382 cae:ExercisePriceRangeOneMember 2024-04-01 2025-03-31 0001173382 srt:MinimumMember cae:ExercisePriceRangeTwoMember 2025-03-31 0001173382 srt:MaximumMember cae:ExercisePriceRangeTwoMember 2025-03-31 0001173382 cae:ExercisePriceRangeTwoMember 2025-03-31 0001173382 cae:ExercisePriceRangeTwoMember 2024-04-01 2025-03-31 0001173382 srt:MinimumMember cae:ExercisePriceRangeThreeMember 2025-03-31 0001173382 srt:MaximumMember cae:ExercisePriceRangeThreeMember 2025-03-31 0001173382 cae:ExercisePriceRangeThreeMember 2025-03-31 0001173382 cae:ExercisePriceRangeThreeMember 2024-04-01 2025-03-31 0001173382 cae:EquitySettledRestrictedShareUnitPlanRSUMember 2024-03-31 0001173382 cae:EquitySettledRestrictedShareUnitPlanRSUMember 2023-03-31 0001173382 cae:EquitySettledRestrictedShareUnitPlanRSUMember cae:SharesMember 2024-04-01 2025-03-31 0001173382 cae:EquitySettledRestrictedShareUnitPlanRSUMember cae:SharesMember 2023-04-01 2024-03-31 0001173382 cae:EquitySettledRestrictedShareUnitPlanRSUMember cae:CashMember 2024-04-01 2025-03-31 0001173382 cae:EquitySettledRestrictedShareUnitPlanRSUMember cae:CashMember 2023-04-01 2024-03-31 0001173382 cae:EquitySettledRestrictedShareUnitPlanRSUMember 2025-03-31 0001173382 ifrs-full:BottomOfRangeMember cae:EquitySettledPerformanceShareUnitPlanPSUMember 2025-03-31 0001173382 ifrs-full:TopOfRangeMember cae:EquitySettledPerformanceShareUnitPlanPSUMember 2025-03-31 0001173382 cae:EquitySettledPerformanceShareUnitPlanPSUMember 2024-03-31 0001173382 cae:EquitySettledPerformanceShareUnitPlanPSUMember 2023-03-31 0001173382 cae:EquitySettledPerformanceShareUnitPlanPSUMember cae:SharesMember 2024-04-01 2025-03-31 0001173382 cae:EquitySettledPerformanceShareUnitPlanPSUMember cae:SharesMember 2023-04-01 2024-03-31 0001173382 cae:EquitySettledPerformanceShareUnitPlanPSUMember cae:CashMember 2024-04-01 2025-03-31 0001173382 cae:EquitySettledPerformanceShareUnitPlanPSUMember cae:CashMember 2023-04-01 2024-03-31 0001173382 cae:EquitySettledPerformanceShareUnitPlanPSUMember 2025-03-31 0001173382 cae:CashSettledDeferredShareUnitDSUPlansMember 2024-04-01 2025-03-31 0001173382 cae:DeferredShareUnitDSUMember 2023-03-31 0001173382 cae:CashSettledRestrictedShareUnitPlanRSUMember 2023-03-31 0001173382 ifrs-full:BottomOfRangeMember cae:CashSettledPerformanceShareUnitPlanPSUMember 2025-03-31 0001173382 ifrs-full:TopOfRangeMember cae:CashSettledPerformanceShareUnitPlanPSUMember 2025-03-31 0001173382 cae:CashSettledPerformanceShareUnitPlanPSUMember 2023-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember 2025-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanFiveYearsMember 2024-03-31 0001173382 ifrs-full:Level1OfFairValueHierarchyMember cae:CashAndCashEquivalents1Member ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember 2025-03-31 0001173382 ifrs-full:Level1OfFairValueHierarchyMember cae:CashAndCashEquivalents1Member ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember 2024-03-31 0001173382 ifrs-full:Level2OfFairValueHierarchyMember cae:EquitySwapAgreementsMember ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember 2025-03-31 0001173382 ifrs-full:Level2OfFairValueHierarchyMember cae:EquitySwapAgreementsMember ifrs-full:FinancialAssetsAtFairValueThroughProfitOrLossCategoryMember 2024-03-31 0001173382 ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember ifrs-full:Level2OfFairValueHierarchyMember cae:ForwardForeignCurrencyContractsMember 2025-03-31 0001173382 ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember ifrs-full:Level2OfFairValueHierarchyMember cae:ForwardForeignCurrencyContractsMember 2024-03-31 0001173382 ifrs-full:Level2OfFairValueHierarchyMember cae:ForeignCurrencySwapAgreementsMember ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember 2025-03-31 0001173382 ifrs-full:Level2OfFairValueHierarchyMember cae:ForeignCurrencySwapAgreementsMember ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember 2024-03-31 0001173382 ifrs-full:Level2OfFairValueHierarchyMember cae:ForwardForeignCurrencyContractsMember ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember 2025-03-31 0001173382 ifrs-full:Level2OfFairValueHierarchyMember cae:ForwardForeignCurrencyContractsMember ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember 2024-03-31 0001173382 ifrs-full:Level2OfFairValueHierarchyMember ifrs-full:TradeReceivablesMember ifrs-full:LoansAndReceivablesCategoryMember 2025-03-31 0001173382 ifrs-full:Level2OfFairValueHierarchyMember ifrs-full:TradeReceivablesMember ifrs-full:LoansAndReceivablesCategoryMember 2024-03-31 0001173382 ifrs-full:Level2OfFairValueHierarchyMember cae:InvestmentInFinanceLeasesMember ifrs-full:LoansAndReceivablesCategoryMember 2025-03-31 0001173382 ifrs-full:Level2OfFairValueHierarchyMember cae:InvestmentInFinanceLeasesMember ifrs-full:LoansAndReceivablesCategoryMember 2024-03-31 0001173382 ifrs-full:Level2OfFairValueHierarchyMember cae:OtherNonCurrentAssetsMember ifrs-full:LoansAndReceivablesCategoryMember 2025-03-31 0001173382 ifrs-full:Level2OfFairValueHierarchyMember cae:OtherNonCurrentAssetsMember ifrs-full:LoansAndReceivablesCategoryMember 2024-03-31 0001173382 ifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMember ifrs-full:Level2OfFairValueHierarchyMember cae:AccountsPayableandAccruedLiabilitiesMember 2025-03-31 0001173382 ifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMember ifrs-full:Level2OfFairValueHierarchyMember cae:AccountsPayableandAccruedLiabilitiesMember 2024-03-31 0001173382 ifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMember ifrs-full:Level2OfFairValueHierarchyMember cae:LongTermDebt1Member 2025-03-31 0001173382 ifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMember ifrs-full:Level2OfFairValueHierarchyMember cae:LongTermDebt1Member 2024-03-31 0001173382 ifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMember ifrs-full:Level2OfFairValueHierarchyMember cae:OtherNonCurrentLiabilitiesMember 2025-03-31 0001173382 ifrs-full:FinancialLiabilitiesAtAmortisedCostCategoryMember ifrs-full:Level2OfFairValueHierarchyMember cae:OtherNonCurrentLiabilitiesMember 2024-03-31 0001173382 ifrs-full:Level3OfFairValueHierarchyMember ifrs-full:EquityInvestmentsMember ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember 2025-03-31 0001173382 ifrs-full:Level3OfFairValueHierarchyMember ifrs-full:EquityInvestmentsMember ifrs-full:FinancialAssetsAtFairValueThroughOtherComprehensiveIncomeCategoryMember 2024-03-31 0001173382 cae:AmountsNotAllocatedToASegmentMember 2025-03-31 0001173382 ifrs-full:AccumulatedImpairmentMember cae:CivilAviationMember 2025-03-31 0001173382 ifrs-full:AccumulatedImpairmentMember cae:DefenseAndSecurityMember 2025-03-31 0001173382 ifrs-full:AccumulatedImpairmentMember cae:AmountsNotAllocatedToASegmentMember 2025-03-31 0001173382 ifrs-full:AccumulatedImpairmentMember 2025-03-31 0001173382 cae:AmountsNotAllocatedToASegmentMember 2024-03-31 0001173382 ifrs-full:AccumulatedImpairmentMember cae:CivilAviationMember 2024-03-31 0001173382 ifrs-full:AccumulatedImpairmentMember cae:DefenseAndSecurityMember 2024-03-31 0001173382 ifrs-full:AccumulatedImpairmentMember cae:AmountsNotAllocatedToASegmentMember 2024-03-31 0001173382 ifrs-full:AccumulatedImpairmentMember 2024-03-31 0001173382 cae:USFederalGovernmentMember 2024-04-01 2025-03-31 0001173382 cae:USFederalGovernmentMember 2023-04-01 2024-03-31 0001173382 ifrs-full:FinancialLiabilitiesThatArePartOfSupplierFinanceArrangementsForWhichSuppliersHaveReceivedPaymentMember 2025-03-31 0001173382 cae:AccountsPayableandAccruedLiabilitiesMember 2025-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:AccountsPayableandAccruedLiabilitiesMember 2025-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember cae:AccountsPayableandAccruedLiabilitiesMember 2025-03-31 0001173382 ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember cae:AccountsPayableandAccruedLiabilitiesMember 2025-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember cae:AccountsPayableandAccruedLiabilitiesMember 2025-03-31 0001173382 ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember cae:AccountsPayableandAccruedLiabilitiesMember 2025-03-31 0001173382 ifrs-full:LaterThanFiveYearsMember cae:AccountsPayableandAccruedLiabilitiesMember 2025-03-31 0001173382 cae:LongTermDebtOtherThanLeaseLiabilitiesMember 2025-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:LongTermDebtOtherThanLeaseLiabilitiesMember 2025-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember cae:LongTermDebtOtherThanLeaseLiabilitiesMember 2025-03-31 0001173382 ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember cae:LongTermDebtOtherThanLeaseLiabilitiesMember 2025-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember cae:LongTermDebtOtherThanLeaseLiabilitiesMember 2025-03-31 0001173382 ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember cae:LongTermDebtOtherThanLeaseLiabilitiesMember 2025-03-31 0001173382 ifrs-full:LaterThanFiveYearsMember cae:LongTermDebtOtherThanLeaseLiabilitiesMember 2025-03-31 0001173382 cae:InterestAndAccretionMember 2025-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:InterestAndAccretionMember 2025-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember cae:InterestAndAccretionMember 2025-03-31 0001173382 ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember cae:InterestAndAccretionMember 2025-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember cae:InterestAndAccretionMember 2025-03-31 0001173382 ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember cae:InterestAndAccretionMember 2025-03-31 0001173382 ifrs-full:LaterThanFiveYearsMember cae:InterestAndAccretionMember 2025-03-31 0001173382 ifrs-full:LeaseLiabilitiesMember 2025-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember ifrs-full:LeaseLiabilitiesMember 2025-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember ifrs-full:LeaseLiabilitiesMember 2025-03-31 0001173382 ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember ifrs-full:LeaseLiabilitiesMember 2025-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember ifrs-full:LeaseLiabilitiesMember 2025-03-31 0001173382 ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember ifrs-full:LeaseLiabilitiesMember 2025-03-31 0001173382 ifrs-full:LaterThanFiveYearsMember ifrs-full:LeaseLiabilitiesMember 2025-03-31 0001173382 cae:OtherNonCurrentLiabilitiesMember 2025-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:OtherNonCurrentLiabilitiesMember 2025-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember cae:OtherNonCurrentLiabilitiesMember 2025-03-31 0001173382 ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember cae:OtherNonCurrentLiabilitiesMember 2025-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember cae:OtherNonCurrentLiabilitiesMember 2025-03-31 0001173382 ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember cae:OtherNonCurrentLiabilitiesMember 2025-03-31 0001173382 ifrs-full:LaterThanFiveYearsMember cae:OtherNonCurrentLiabilitiesMember 2025-03-31 0001173382 cae:ForwardForeignCurrencyContractsMember 2025-03-31 0001173382 cae:ForwardForeignCurrencyContractsOutflowMember 2025-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:ForwardForeignCurrencyContractsOutflowMember 2025-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember cae:ForwardForeignCurrencyContractsOutflowMember 2025-03-31 0001173382 ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember cae:ForwardForeignCurrencyContractsOutflowMember 2025-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember cae:ForwardForeignCurrencyContractsOutflowMember 2025-03-31 0001173382 ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember cae:ForwardForeignCurrencyContractsOutflowMember 2025-03-31 0001173382 ifrs-full:LaterThanFiveYearsMember cae:ForwardForeignCurrencyContractsOutflowMember 2025-03-31 0001173382 cae:ForwardForeignCurrencyContractsInflowMember 2025-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:ForwardForeignCurrencyContractsInflowMember 2025-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember cae:ForwardForeignCurrencyContractsInflowMember 2025-03-31 0001173382 ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember cae:ForwardForeignCurrencyContractsInflowMember 2025-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember cae:ForwardForeignCurrencyContractsInflowMember 2025-03-31 0001173382 ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember cae:ForwardForeignCurrencyContractsInflowMember 2025-03-31 0001173382 ifrs-full:LaterThanFiveYearsMember cae:ForwardForeignCurrencyContractsInflowMember 2025-03-31 0001173382 cae:ForeignCurrencySwapAgreementsMember 2025-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:ForeignCurrencySwapAgreementsMember 2025-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember cae:ForeignCurrencySwapAgreementsMember 2025-03-31 0001173382 ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember cae:ForeignCurrencySwapAgreementsMember 2025-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember cae:ForeignCurrencySwapAgreementsMember 2025-03-31 0001173382 ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember cae:ForeignCurrencySwapAgreementsMember 2025-03-31 0001173382 ifrs-full:LaterThanFiveYearsMember cae:ForeignCurrencySwapAgreementsMember 2025-03-31 0001173382 cae:EquitySwapAgreementsMember 2025-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:EquitySwapAgreementsMember 2025-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember cae:EquitySwapAgreementsMember 2025-03-31 0001173382 ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember cae:EquitySwapAgreementsMember 2025-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember cae:EquitySwapAgreementsMember 2025-03-31 0001173382 ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember cae:EquitySwapAgreementsMember 2025-03-31 0001173382 ifrs-full:LaterThanFiveYearsMember cae:EquitySwapAgreementsMember 2025-03-31 0001173382 cae:AccountsPayableandAccruedLiabilitiesMember 2024-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:AccountsPayableandAccruedLiabilitiesMember 2024-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember cae:AccountsPayableandAccruedLiabilitiesMember 2024-03-31 0001173382 ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember cae:AccountsPayableandAccruedLiabilitiesMember 2024-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember cae:AccountsPayableandAccruedLiabilitiesMember 2024-03-31 0001173382 ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember cae:AccountsPayableandAccruedLiabilitiesMember 2024-03-31 0001173382 ifrs-full:LaterThanFiveYearsMember cae:AccountsPayableandAccruedLiabilitiesMember 2024-03-31 0001173382 cae:LongTermDebtOtherThanLeaseLiabilitiesMember 2024-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:LongTermDebtOtherThanLeaseLiabilitiesMember 2024-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember cae:LongTermDebtOtherThanLeaseLiabilitiesMember 2024-03-31 0001173382 ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember cae:LongTermDebtOtherThanLeaseLiabilitiesMember 2024-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember cae:LongTermDebtOtherThanLeaseLiabilitiesMember 2024-03-31 0001173382 ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember cae:LongTermDebtOtherThanLeaseLiabilitiesMember 2024-03-31 0001173382 ifrs-full:LaterThanFiveYearsMember cae:LongTermDebtOtherThanLeaseLiabilitiesMember 2024-03-31 0001173382 cae:InterestAndAccretionMember 2024-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:InterestAndAccretionMember 2024-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember cae:InterestAndAccretionMember 2024-03-31 0001173382 ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember cae:InterestAndAccretionMember 2024-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember cae:InterestAndAccretionMember 2024-03-31 0001173382 ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember cae:InterestAndAccretionMember 2024-03-31 0001173382 ifrs-full:LaterThanFiveYearsMember cae:InterestAndAccretionMember 2024-03-31 0001173382 ifrs-full:LeaseLiabilitiesMember 2024-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember ifrs-full:LeaseLiabilitiesMember 2024-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember ifrs-full:LeaseLiabilitiesMember 2024-03-31 0001173382 ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember ifrs-full:LeaseLiabilitiesMember 2024-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember ifrs-full:LeaseLiabilitiesMember 2024-03-31 0001173382 ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember ifrs-full:LeaseLiabilitiesMember 2024-03-31 0001173382 ifrs-full:LaterThanFiveYearsMember ifrs-full:LeaseLiabilitiesMember 2024-03-31 0001173382 cae:OtherNonCurrentLiabilitiesMember 2024-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:OtherNonCurrentLiabilitiesMember 2024-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember cae:OtherNonCurrentLiabilitiesMember 2024-03-31 0001173382 ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember cae:OtherNonCurrentLiabilitiesMember 2024-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember cae:OtherNonCurrentLiabilitiesMember 2024-03-31 0001173382 ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember cae:OtherNonCurrentLiabilitiesMember 2024-03-31 0001173382 ifrs-full:LaterThanFiveYearsMember cae:OtherNonCurrentLiabilitiesMember 2024-03-31 0001173382 cae:ForwardForeignCurrencyContractsMember 2024-03-31 0001173382 cae:ForwardForeignCurrencyContractsOutflowMember 2024-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:ForwardForeignCurrencyContractsOutflowMember 2024-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember cae:ForwardForeignCurrencyContractsOutflowMember 2024-03-31 0001173382 ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember cae:ForwardForeignCurrencyContractsOutflowMember 2024-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember cae:ForwardForeignCurrencyContractsOutflowMember 2024-03-31 0001173382 ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember cae:ForwardForeignCurrencyContractsOutflowMember 2024-03-31 0001173382 ifrs-full:LaterThanFiveYearsMember cae:ForwardForeignCurrencyContractsOutflowMember 2024-03-31 0001173382 cae:ForwardForeignCurrencyContractsInflowMember 2024-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:ForwardForeignCurrencyContractsInflowMember 2024-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember cae:ForwardForeignCurrencyContractsInflowMember 2024-03-31 0001173382 ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember cae:ForwardForeignCurrencyContractsInflowMember 2024-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember cae:ForwardForeignCurrencyContractsInflowMember 2024-03-31 0001173382 ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember cae:ForwardForeignCurrencyContractsInflowMember 2024-03-31 0001173382 ifrs-full:LaterThanFiveYearsMember cae:ForwardForeignCurrencyContractsInflowMember 2024-03-31 0001173382 cae:ForeignCurrencySwapAgreementsMember 2024-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:ForeignCurrencySwapAgreementsMember 2024-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember cae:ForeignCurrencySwapAgreementsMember 2024-03-31 0001173382 ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember cae:ForeignCurrencySwapAgreementsMember 2024-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember cae:ForeignCurrencySwapAgreementsMember 2024-03-31 0001173382 ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember cae:ForeignCurrencySwapAgreementsMember 2024-03-31 0001173382 ifrs-full:LaterThanFiveYearsMember cae:ForeignCurrencySwapAgreementsMember 2024-03-31 0001173382 cae:EquitySwapAgreementsMember 2024-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:EquitySwapAgreementsMember 2024-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanTwoYearsMember cae:EquitySwapAgreementsMember 2024-03-31 0001173382 ifrs-full:LaterThanTwoYearsAndNotLaterThanThreeYearsMember cae:EquitySwapAgreementsMember 2024-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFourYearsMember cae:EquitySwapAgreementsMember 2024-03-31 0001173382 ifrs-full:LaterThanFourYearsAndNotLaterThanFiveYearsMember cae:EquitySwapAgreementsMember 2024-03-31 0001173382 ifrs-full:LaterThanFiveYearsMember cae:EquitySwapAgreementsMember 2024-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:USDCDNMember ifrs-full:CurrencyRiskMember 2025-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:USDCDNMember ifrs-full:CurrencyRiskMember 2024-04-01 2025-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:USDCDNMember ifrs-full:CurrencyRiskMember 2024-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:USDCDNMember ifrs-full:CurrencyRiskMember 2023-04-01 2024-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember cae:USDCDNMember ifrs-full:CurrencyRiskMember 2025-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember cae:USDCDNMember ifrs-full:CurrencyRiskMember 2024-04-01 2025-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember cae:USDCDNMember ifrs-full:CurrencyRiskMember 2024-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember cae:USDCDNMember ifrs-full:CurrencyRiskMember 2023-04-01 2024-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember cae:USDCDNMember ifrs-full:CurrencyRiskMember 2025-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember cae:USDCDNMember ifrs-full:CurrencyRiskMember 2024-04-01 2025-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember cae:USDCDNMember ifrs-full:CurrencyRiskMember 2024-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember cae:USDCDNMember ifrs-full:CurrencyRiskMember 2023-04-01 2024-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:EURCDNMember ifrs-full:CurrencyRiskMember 2025-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:EURCDNMember ifrs-full:CurrencyRiskMember 2024-04-01 2025-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:EURCDNMember ifrs-full:CurrencyRiskMember 2024-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:EURCDNMember ifrs-full:CurrencyRiskMember 2023-04-01 2024-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember cae:EURCDNMember ifrs-full:CurrencyRiskMember 2025-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember cae:EURCDNMember ifrs-full:CurrencyRiskMember 2024-04-01 2025-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember cae:EURCDNMember ifrs-full:CurrencyRiskMember 2024-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember cae:EURCDNMember ifrs-full:CurrencyRiskMember 2023-04-01 2024-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember cae:EURCDNMember ifrs-full:CurrencyRiskMember 2025-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember cae:EURCDNMember ifrs-full:CurrencyRiskMember 2024-04-01 2025-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember cae:EURCDNMember ifrs-full:CurrencyRiskMember 2024-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember cae:EURCDNMember ifrs-full:CurrencyRiskMember 2023-04-01 2024-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:CDNUSDMember ifrs-full:CurrencyRiskMember 2025-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:CDNUSDMember ifrs-full:CurrencyRiskMember 2024-04-01 2025-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:CDNUSDMember ifrs-full:CurrencyRiskMember 2024-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:CDNUSDMember ifrs-full:CurrencyRiskMember 2023-04-01 2024-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember cae:CDNUSDMember ifrs-full:CurrencyRiskMember 2025-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember cae:CDNUSDMember ifrs-full:CurrencyRiskMember 2024-04-01 2025-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember cae:CDNUSDMember ifrs-full:CurrencyRiskMember 2024-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember cae:CDNUSDMember ifrs-full:CurrencyRiskMember 2023-04-01 2024-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember cae:CDNUSDMember ifrs-full:CurrencyRiskMember 2025-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember cae:CDNUSDMember ifrs-full:CurrencyRiskMember 2024-04-01 2025-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember cae:CDNUSDMember ifrs-full:CurrencyRiskMember 2024-03-31 0001173382 ifrs-full:LaterThanThreeYearsAndNotLaterThanFiveYearsMember cae:CDNUSDMember ifrs-full:CurrencyRiskMember 2023-04-01 2024-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:OtherCurrenciesMember ifrs-full:CurrencyRiskMember 2025-03-31 0001173382 ifrs-full:NotLaterThanOneYearMember cae:OtherCurrenciesMember ifrs-full:CurrencyRiskMember 2024-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember cae:OtherCurrenciesMember ifrs-full:CurrencyRiskMember 2025-03-31 0001173382 ifrs-full:LaterThanOneYearAndNotLaterThanThreeYearsMember cae:OtherCurrenciesMember ifrs-full:CurrencyRiskMember 2024-03-31 0001173382 ifrs-full:CurrencyRiskMember 2025-03-31 0001173382 ifrs-full:CurrencyRiskMember 2024-03-31 0001173382 currency:USD ifrs-full:CurrencyRiskMember 2025-03-31 0001173382 cae:USDCDNMember ifrs-full:CurrencyRiskMember 2024-04-01 2025-03-31 0001173382 cae:EURCDNMember ifrs-full:CurrencyRiskMember 2024-04-01 2025-03-31 0001173382 cae:USDCDNMember ifrs-full:CurrencyRiskMember 2023-04-01 2024-03-31 0001173382 cae:EURCDNMember ifrs-full:CurrencyRiskMember 2023-04-01 2024-03-31 0001173382 ifrs-full:HedgesOfNetInvestmentInForeignOperationsMember cae:UnsecuredSeniorNotesTermLoansFixedToFixedCrossCurrencyPrincipalAndInterestRateSwapAgreementsAndForeignCurrencyContractsMember 2025-03-31 0001173382 ifrs-full:HedgesOfNetInvestmentInForeignOperationsMember cae:UnsecuredSeniorNotesTermLoansFixedToFixedCrossCurrencyPrincipalAndInterestRateSwapAgreementsAndForeignCurrencyContractsMember 2024-03-31 0001173382 ifrs-full:InterestRateRiskMember 2024-04-01 2025-03-31 0001173382 ifrs-full:InterestRateRiskMember 2023-04-01 2024-03-31
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 40-F
(Check One)
☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934
or
☑ ANNUAL REPORT PURSUANT TO SECTION 13(A) OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
For fiscal year ended March 31, 2025 Commission File number 1-31402
CAE INC.
(Exact name of Registrant as specified in its charter)
Not Applicable
(Translation of Registrant’s name into English (if applicable))

Canada (Province or other jurisdiction of incorporation or organization) | 3699 (Primary Standard Industrial Classification Code Number (if applicable)) | Not Applicable (I.R.S. Employer Identification Number (if applicable))

8585 Côte-de-Liesse, Saint-Laurent, Québec, H4T 1G6
514-341-6780
(Address and telephone number of Registrant’s principal executive office)
CT Corporation System, 111 Eighth Avenue, 13 th Floor, New York, NY 10011 (212) 894-8700
(Name, address (including zip code) and telephone number (including area code) of
agent for service in the United States)
Securities registered or to be registered pursuant to Section 12(b) of the Act:
Title of Each Class Trading Name of Each Exchange
Symbol On Which Registered
Common Shares, CAE New York Stock Exchange
including associated Common Share
purchase rights pursuant to the Registrant’s
Shareholder Rights Plan, which purchase rights
will trade together with the Common Shares
Securities registered or to be registered pursuant to Section 12(g) of the Act: None
Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: None

For annual reports, indicate by check mark the information filed with this form:
☑ Annual Information Form ☑ Audited Annual Financial Statements
Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report: 320,265,108 common shares
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days.
Yes ☑ No ☐
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).
Yes ☑ No ☐
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 12b-2 of the Exchange Act.
Emerging growth company ☐
If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards† provided pursuant to Section 13(a) of the Exchange Act. ☐
† The term “new or revised financial accounting standard” refers to any update issued by the Financial Accounting Standards Board to its Accounting Standards Codification after April 5, 2012.
Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. ☑
If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. ☐
Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to § 240.10D-1(b). ☐
PRIOR FILINGS MODIFIED AND SUPERSEDED
The annual report on Form 40-F of CAE Inc. (“CAE” or the “Company”) for the year ended March 31, 2025, at the time of filing with the U.S. Securities and Exchange Commission (the “SEC” or “Commission”), modifies and supersedes all prior documents filed pursuant to Sections 13, 14 and 15(d) of the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”) for purposes of any offers or sales of any securities after the date of such filing pursuant to any registration statement or prospectus filed pursuant to the Securities Act of 1933 which incorporates by reference such annual report on Form 40-F.

DISCLOSURE CONTROLS AND PROCEDURES
A. Evaluation of disclosure controls and procedures. Our disclosure controls and procedures are designed to ensure that information required to be disclosed by CAE in reports filed with securities regulatory agencies is recorded, processed, summarized and reported on a timely basis and is accumulated and communicated to CAE’s management, including our President and Chief Executive Officer and Interim Chief Financial Officer, as appropriate, to allow timely decisions regarding disclosure.
Under the supervision of the President and Chief Executive Officer and Interim Chief Financial Officer, management evaluated the effectiveness of CAE’s disclosure controls and procedures, as defined in Rule 13a-15(e) and 15d-15(e) under the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”), and under National Instrument 52-109 – Certification of Disclosure in Issuers’ Annual and Interim Filings, as of March 31, 2025, the end of the period covered by this Annual Report on Form 40-F. The President and Chief Executive Officer and the Interim Chief Financial Officer concluded from the evaluation that the design and operation of CAE’s disclosure controls and procedures were effective as at March 31, 2025.
B. Management’s annual report on internal control over financial reporting. CAE’s management is responsible for establishing and maintaining adequate internal control over financial reporting, as such term is defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act.
CAE’s internal control over financial reporting includes those policies and procedures that: (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of CAE’s assets; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that CAE’s receipts and expenditures are being made only in accordance with authorizations of its management and directors; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of CAE’s assets that could have a material effect on the financial statements.
Management evaluated the effectiveness of CAE’s internal controls over financial reporting as of March 31, 2025, based on the framework and criteria set forth in Internal Control – Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO), and has concluded that CAE’s internal control over financial reporting is effective as of the end of the period covered by this Annual Report on Form 40-F.
C. Attestation report of the Independent Auditors. PricewaterhouseCoopers LLP (PCAOB ID 271), independent auditors who audited and reported on CAE’s financial statements included in this annual report, has issued an attestation report on the effectiveness of CAE’s internal control over financial reporting as of the end of the period covered by this Annual Report on Form 40-F. This attestation report is included in Exhibit 99.2 to this Annual Report on Form 40-F and is incorporated herein by reference.

D. Changes in internal control over financial reporting. There were no changes to CAE’s internal control over financial reporting during the year ended March 31, 2025 that have materially affected, or are reasonably likely to materially affect, CAE’s internal control over financial reporting.
E. Limitations on the effectiveness of controls. A control system, no matter how well designed and operated, can provide only reasonable, not absolute, assurance with respect to the reliability of financial reporting and financial statement preparation. Accordingly, CAE’s management, including our President and Chief Executive Officer and our Interim Chief Financial Officer, does not expect that CAE’s internal control over financial reporting will prevent or detect all errors and all fraud.
CAE will continue to periodically review its disclosure controls and procedures and internal control over financial reporting and may make modifications from time to time as considered necessary or desirable.
NOTICES PURSUANT TO REGULATION BTR
The Company was not required by Rule 104 of Regulation BTR to send any notices to any of its directors or executive officers during the fiscal year ended March 31, 2025.
AUDIT COMMITTEE AND AUDIT COMMITTEE FINANCIAL EXPERT
CAE has a separately-designated standing Audit Committee established in accordance with section 3(a)(58)(A) of the Exchange Act. The Company’s Audit Committee is comprised of five directors, all of whom, in the opinion of CAE’s board of directors, are independent (as determined under Rule 10A-3 of the Exchange Act and the rules of the NYSE) and are financially literate. CAE’s Audit Committee is, as of the date hereof, comprised of the following directors: Ayman Antoun, Patrick Decostre, Ian L. Edwards, Marianne Harrison and Louis T ê tu.
CAE’s board of directors has determined that, as of the date hereof, it has one audit committee financial expert serving on its audit committee. The board of directors has determined that Ms. Marianne Harrison is an audit committee financial expert within the meaning of General Instruction B(8)(b) of Form 40-F and is independent as that term is defined by the New York Stock Exchange’s corporate governance standards applicable to CAE.
The Commission has indicated that the designation of a person as an audit committee financial expert does not make such person an “expert” for any purpose, does not impose on such person any duties, obligations or liability that are greater than those imposed on such person as a member of the audit committee and the board of directors in the absence of such designation and does not affect the duties, obligations or liability of any other member of the audit committee or board of directors.

CODE OF ETHICS
CAE has a code of ethics entitled “Code of Business Conduct,” which applies to all directors, officers, and employees of CAE and CAE’s wholly-owned and controlled subsidiaries, including CAE’s principal executive officer, principal financial officer, principal accounting officer, employees seconded to joint venture companies, agents, representatives, contractors, suppliers and consultants. The Code of Business Conduct is available at CAE’s website http://www.cae.com/investors/governance/ and is available in print to any shareholder who requests it. Requests for copies of the Code of Business Conduct should be made by contacting CAE’s Investor Relations department, 8585 de la Côte-de-Liesse, Saint-Laurent (Québec), Canada H4T 1G6, email: investor.relations@cae.com. Amendments to the Code of Business Conduct and waivers, if any, for executive officers will be disclosed on CAE’s website. Unless specifically referred to herein, the information on CAE’s website shall not be deemed to be incorporated by reference in this annual report.
CAE has adopted an insider trading policy that is reasonably designed to promote compliance with applicable insider trading laws, rules and regulations, and any listing standards applicable to CAE. CAE’s Insider Trading Policy is available at CAE’s website at https://www.cae.com/sustainability/responsible-business-conduct.
PRINCIPAL ACCOUNTANT FEES AND SERVICES
The disclosure provided under section 10.3 “Approval of Services” on page 31 of Exhibit 99.1, Annual Information Form, providing details on the fees billed by PricewaterhouseCoopers LLP, the Company’s principal accountant, to CAE in each of the years ended March 31, 2025 and March 31, 2024 for professional services rendered to CAE, is incorporated by reference herein.
AUDIT COMMITTEE PRE-APPROVAL POLICIES AND PROCEDURES
The disclosure provided under section 10.3 “Approval of Services” on page 31 of Exhibit 99.1, Annual Information Form, is incorporated by reference herein.
OFF-BALANCE SHEET ARRANGEMENTS
The disclosure provided under section 8.2 “Off balance sheet arrangements” on page 25 of Exhibit 99.3, Management’s Discussion and Analysis, is incorporated by reference herein.
CONTRACTUAL OBLIGATIONS
The disclosure provided under section 7.4 “Contingencies and commitments” on page 23 of Exhibit 99.3, Management’s Discussion and Analysis, is incorporated by reference herein.
MINE SAFETY DISCLOSURE
Not applicable.

SIGNIFICANT DIFFERENCES
A summary of significant differences between corporate governance practices followed by CAE and corporate governance practices required to be followed by U.S. domestic companies under the New York Stock Exchange’s Listing Standards (disclosure required by section 303A.11 of the NYSE Listed Company Manual) is available at CAE’s website http://www.cae.com/investors/governance/.
UNDERTAKING AND CONSENT TO
SERVICE OF PROCESS
A. Undertaking
CAE Inc. (the “Registrant”) undertakes to make available, in person or by telephone, representatives to respond to inquiries made by the Commission staff, and to furnish promptly, when requested to do so by the Commission staff, information relating to: the securities in relation to which the obligation to file an annual report on Form 40-F arises; or transactions in said securities.
B. Consent to Service of Process
The Registrant has previously filed with the Commission a Form F-X in connection with the Common Shares, including the associated Common Share purchase rights pursuant to the Registrant’s Shareholder Rights Plan, which purchase rights trade together with the Common Shares.
SIGNATURES
Pursuant to the requirements of the Exchange Act, the Registrant certifies that it meets all of the requirements for filing on Form 40-F and has duly caused this annual report to be signed on its behalf by the undersigned, thereto duly authorized.
Date: June 20, 2025 CAE INC.
By: /s/ Mark Hounsell
Name: Mark Hounsell
Title: Chief Legal and Compliance Officer, and Corporate Secretary

EXHIBIT INDEX

Exhibit No. | Description
3.1 | General By-Law of CAE Inc.
10.1 | Nomination Right Agreement, dated February 13, 2025 (translation)
10.2 | Letter Agreement, dated February 13, 2025
23.1 | Consent of Independent Registered Public Accounting Firm
31.1 | Certification of Chief Executive Officer required by Rule 13a-14(a) or Rule 15d-14(a)
31.2 | Certification of Interim Chief Financial Officer required by Rule 13a-14(a) or Rule 15d-14(a)
32.1 | Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as enacted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 †
32.2 | Certification of Interim Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as enacted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 †
97 | CAE Inc. Executive Compensation Clawback Policy
99.1 | Annual Information Form for the fiscal year ended March 31, 2025
99.2 | Audited annual financial statements for the fiscal year ended March 31, 2025
99.3 | Management’s Discussion and Analysis for the fiscal year ended March 31, 2025
99.4 | Notice and Management Proxy Circular dated June 12, 2025 (incorporated by reference to CAE’s Form 6-K (commission file no. 1-31402) furnished to the Commission on June 20, 2025

† This exhibit shall not be deemed “filed” for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference on any filing under the Securities Act of 1933 or the Exchange Act, whether made before or after the date hereof and irrespective of any general incorporation language in any filings.
Exhibits 99.1, 99.2 and 99.3 of this Annual Report on Form 40-F are incorporated by reference into the Registration Statements on Form S-8 of the Registrant filed with the Securities and Exchange Commission on November 3, 2023 (Registration No. 333-275323), on October 7, 2022 (Registration No. 333-267775), on September 20, 2016 (Registration No. 333-213708), on November 14, 2008 (Registration No. 333-155366) and on July 26, 2002 (Registration No. 333-97185), (together, the “Registration Statements”). Exhibit 23.1 is incorporated by reference as an exhibit to the Registration Statements.