Politics Briefing: Federal, Ontario governments commit up to $5-billion to Honda EV plant

News Snapshot:

Hello, The federal and Ontario governments today announced a multibillion-dollar deal in which Honda Motor Co. will expand its Alliston, Ont., plant to manufacture electric vehicles and host a large EV battery plant. The move will add 1,000 jobs in what the two governments say is the largest single investment in Canadian auto sector history. The $15-billion investment includes $5-billion in government assistance: up to $2.5-billion from the federal government in tax credits it offers to clean technology and EV supply chain investments, and up to $2.5-billion from Ontario for the cost of construction and for expanding water and other...