Governments of Ontario and Canada partnering with Honda
The investment will go towards: - Design and build of a new state-of-the-art paint shop that will reduce greenhouse gas emissions from the paint process by 44 per cent
- Leading-edge vehicle assembly technologies, including lightweight materials and advanced material bonding techniques
- Research and development to support production of future vehicle models, including software upgrades and prototyping of new components.
These upgrades will secure 4,000 direct jobs at Honda's Alliston facility, and thousands more in Ontario's automotive supply chain. They also position the Alliston facility to remain competitive in the longer term.
Premier Kathleen Wynne, together with Minister Duguid, recently met with Honda executives, including Honda Canada CEO Jerry Chenkin, at the company's headquarters in Tokyo as part of a business mission to Japan and South Korea.
The mission strengthened Ontario's global business ties and showcased the province's strengths in automotive innovation and advanced manufacturing.
The Governments of Ontario and Canada are each providing Honda with conditional grants of up to $41.8 million. Honda will invest up to $408.3 million for a total project investment of up to $492 million.
Ontario is the only subnational jurisdiction in the world with five global automotive assemblers — Honda, Chrysler, Ford, General Motors and Toyota — as well as truck manufacturer Hino.
Vehicle assembly and auto parts production directly supports more than 100,000 jobs in Ontario, with hundreds of thousands more spin-off jobs across the province. ■