Honda Canada

PowerCo ‘confident’ its facility in St. Thomas, Ont., set to employ 3,000 workers, will shift into production in 2027 bolstered by a ‘flexible’ technology manufacturing strategy, as Honda becomes latest auto sector major to pause investment.

Industry Minister Mélanie Joly says Honda Canada remains "fully committed" to major electric-vehicle investments in Canada after the company announced Tuesday that it was pausing a multibillion-dollar EV project in Ontario.

Nikkei Asia, a Japanese news outlet, reports Honda is considering building both a vehicle and battery plant in the country as part of efforts to catch up in the electric vehicle market.