https://www.cbc.ca/news/politics/trudeau-ford-announce-honda-ev-d...

https://www.cbc.ca/news/politics/trudeau-ford-announce-honda-ev-deal-1.7184495

Honda to invest $15B to build 4 new EV plants in Ontario

Calling it the "largest auto investment in Canada's history," Trudeau said Canada's supply of natural resources helped make the deal possible. He added the country's greatest assets are its workers, who are "the best in the world."

Ford called the investment "a game changer for the industry" and a "tremendous win for Ontario." He said his government is supporting the investment with direct and indirect incentives worth $2.5 billion.

"This is the first time China has been unseated from the top spot" of the global supply chain ranking, Ford said, adding that with the Honda deal, Ontario has now attracted billions of dollars in "auto and EV investment" over the last three years.