Honda is CANCELING it's $15B EV plant in Canada.The Honda plant was part of the failed $52B Liberal plan to shower manufacturers with subsidies

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DisobeyTyranny

Based Member
Honda is CANCELING it's $15B EV plant in Canada.The Honda plant was part of the failed $52B Liberal plan to shower manufacturers with subsidies to develop the industry here. Honda will make EVs and hybrids it needs in Ohio instead where it can do so on one production line.

Oopsie that elbows gonna hurt bob!!!


Global News
globalnews.ca › news › 11177134 › honda-canada-ev-investment-postponed-ontario
Honda postpones $15B of electric vehicle investments in Ontario | Globalnews.ca
February 11, 2026 - Honda said the decision would not impact its existing Honda manufacturing facility in Alliston, Ont. 0:35 Joly to speak with Honda after it postponed $15B EV investments in Ontario · Between the battery plant and its parts facilities, along ...


CBC News
cbc.ca › news › business › honda-canada-ev-announcement-1.7533402
Honda to postpone plans for EV plant in Canada for at least 2 years | CBC News
May 13, 2025 - "When I talked to Honda, they promised us they're going to continue on with that expansion," Ford said of the pause. "So we'll just see how that moves forward. But we're very confident that we'll continue producing Honda vehicles here in Ontario." Ford vows to hold Honda 'accountable' after it postpones $15B Ontario EV project



Financial Post
financialpost.com › commodities › energy › electric-vehicles › honda-cutting-ev-investment-delaying-canadian-plans
Honda reveals delay of $15-billion Canada investment part of shift in EV strategy
May 20, 2025 - Try refreshing your browser, or tap here to see other videos from our team.Play Video ... As a corollary shift in strategy, the
 
Upvote 4
If a business needs a subsidy, it means the business idea isn't profitable so it shouldn't be engaged in. Instead of subsidies, the government should lower taxes.
 
Are most subsidies just the government saying they won’t tax you as much, rather than actually giving out money?
 
Yes and no. There's also the issue of who pays the tax to fund the subsidy compared to who received the tax break but the biggest issue with subsidies is that they're choosing a specific business and/or specific product/service for the subsidies which is picking winners/losers (corruption and inefficient). Lowering taxes doesn't favor one business over another if it's a straight reduction of taxes where promotes more competition, is more efficient and leads to less corruption.
 
@CaptainTrouble they've been trying to force the EV market onto the public for 20 years now and it still has failed.

The only company who's ever done is Tesla and they did it on her own other than a tax breaks you get for owning one don't care about that.
 
DisobeyTyranny said:
Honda is CANCELING it's $15B EV plant in Canada.The Honda plant was part of the failed $52B Liberal plan to shower manufacturers with subsidies to develop the industry here. Honda will make EVs and hybrids it needs in Ohio instead where it can do so on one production line.

Oopsie that elbows gonna hurt bob!!!


Global News
globalnews.ca › news › 11177134 › honda-canada-ev-investment-postponed-ontario
Honda postpones $15B of electric vehicle investments in Ontario | Globalnews.ca
February 11, 2026 - Honda said the decision would not impact its existing Honda manufacturing facility in Alliston, Ont. 0:35 Joly to speak with Honda after it postponed $15B EV investments in Ontario · Between the battery plant and its parts facilities, along ...


CBC News
cbc.ca › news › business › honda-canada-ev-announcement-1.7533402
Honda to postpone plans for EV plant in Canada for at least 2 years | CBC News
May 13, 2025 - "When I talked to Honda, they promised us they're going to continue on with that expansion," Ford said of the pause. "So we'll just see how that moves forward. But we're very confident that we'll continue producing Honda vehicles here in Ontario." Ford vows to hold Honda 'accountable' after it postpones $15B Ontario EV project



Financial Post
financialpost.com › commodities › energy › electric-vehicles › honda-cutting-ev-investment-delaying-canadian-plans
Honda reveals delay of $15-billion Canada investment part of shift in EV strategy
May 20, 2025 - Try refreshing your browser, or tap here to see other videos from our team.Play Video ... As a corollary shift in strategy, the
Click to expand...
DisobeyTyrannyRemember when Stellantis received $10 billion in subsidies from the Liberals and then moved their plant out of Onterrible and into the USA and got to keep all the subsidies because MP Joly never actually got a lawyer to read over the contract? That elbow has got to hurt bob!
 
Man, if only they had read this forum when someone said that when the RV mandate died in the U.S., it would die here too. The market just isn’t big enough.
 
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