Honda Canada Inc.

$131,594,000.00 CAD

≈ $3.18 for every person in Canada ≈ 1,701 Canadians' average pay for a year

Department: Innovation, Science and Economic Development Canada
Program: SIF Stream 3 - Attraction
Recipient country: Canada
Fiscal year: 2021-2022
Agreement period: March 28, 2022 – March 31, 2041
Reference: ic:033-2021-2022-Q4-815750

Published purpose

This project will allow Honda to retool its Alliston, Ontario plant for the next evolution of automobile manufacturing, building on a previous investment from the Strategic Innovation Fund in new hybrid-electric powertrain technology. The changes will allow the plant to manufacture hybrid-electric vehicles to curb global emissions. The project’s work phase is scheduled to end on March 31, 2028.

In plain English AI-generated

This project supports Honda Canada in retooling its Alliston, Ontario plant to manufacture hybrid-electric vehicles, aiming to reduce global emissions.

Category: Climate Primarily funds activity in Canada

Based on the published description. See how AI categorization works — the linked official record is authoritative.

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View official source record Imported August 3, 2026 from open.canada.ca Grants & Contributions