Published on 25 Apr 2024 on Financial Post via Yahoo Finance
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The federal and Ontario governments announced a deal with Honda Motor Co. Ltd. Thursday that will see the Japanese automaker establish an electric vehicle supply chain and assembly plant in the province. The $15-billion project, billed by Prime Minister Justin Trudeau as the largest automotive investment in Canadian history, is the latest in a string of major investments, facilitated by government, aimed at making Canada a player in the global EV supply chain.