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Premier Ford and Minister Fedeli announced that the government is supporting a historic investment by Honda of Canada Mfg. (HCM), a division of Honda Canada Inc., to upgrade and retool its plants in Alliston. Honda Canada’s nearly $1.4 billion investment, including $131.6 million in grant support from the province, will ensure next-generation vehicle models are built here in Ontario, by Ontario workers and sold across North America.
This investment will accelerate Ontario’s 10-year vision for the Driving Prosperity ― The Future of Ontario’s Automotive Sector plan. Phase 2 of Driving Prosperity is an important part of the government’s plan to transform the province’s automotive supply chain to build the cars of the future, including the production of hybrid, battery electric vehicles, EV battery production and increasing exports of Ontario-made auto parts and innovations.
EN : Ontario Secures Another Game-Changing Auto Investment | Ontario Newsroom
FR : L’Ontario conclut un nouvel investissement déterminant dans le secteur de l’automobile | Salle de presse de l’Ontario