Honda hits pause on $15B EV project in Ontario
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Editor's Note 
 
Honda's in the headlines again and I wish it were better news. The company announced it's pausing its $15B EV project in Ont. due to slowing market demand. Luckily, the delay will not impact employment at the Alliston plant, a spokesperson said.
- Kirstyn Brown, Editor, Plant Magazine
 
News 
 
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Honda postpones $15-billion EV investment project in Ontario citing market demand

The decision has no impact on current employment at the Honda manufacturing plant in Alliston, Ontario.


Unemployment rate rises to 6.9% in April as trade war hits factory jobs

Canada’s manufacturing industry led job losses in April, shedding 31,000 positions, with the bulk of the impact in Ontario.


Stella-Jones expands into steel transmission structures with Locweld acquisition

The acquisition involves a purchase price of $58 million on a cash-free, debt-free basis, subject to customary working capital adjustments.


Report calls for 'auto pact' tying duty-free vehicle imports to Canadian production

The strategy outlined in the report, released Thursday by the C.D. Howe Institute, draws inspiration from the 1965 Canada-U.S. Auto Pact.


 
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