Morning Update: Federal officials plan to meet with Honda to discuss potential EV factory in Canada

News Snapshot:

Good morning, Federal officials plan to meet this week with representatives from Japanese automaker Honda about building a potential electric vehicle factory in Canada, part of Ottawa’s multibillion-dollar effort to transform the domestic auto industry ahead of a shift away from fossil fuels. The meeting hasn’t been publicly announced, but a senior government official told The Globe and Mail yesterday that it will take place this week, and that several federal departments will participate. The Globe is not identifying the official, because they were not authorized to comment publicly on the discussions. Honda’s potential investment could reportedly reach $18.5-billion, according...