 Since his retirement in 1979, Floyd has devoted free time to a number of educational and youth-oriented projects.Floyd and his family returned to Canada in 1981. and, as of 2014, is living in the Greater Toronto area near the razed Avro Canada company buildings in Malton, Ontario.In 1950 Floyd was awarded the Wright Brothers Medal from the Society of Automotive Engineers for his paper on the ground-breaking work on the Jetliner (the first non-American recipient); in 1993, he was inducted into the Canadian Aviation Hall of Fame and named a Companion of the Order of Flight by the City of Edmonton.