Industry Canada

Industry Canada

May 17, 2006 10:46 ET

Canada's New Government Welcomes Honda Investment

OTTAWA, ONTARIO--(CCNMatthews - May 17, 2006) - The Honourable Maxime Bernier, Minister of Industry, today welcomed Honda Canada's announcement that it will invest $154 million to build a new engine plant in Alliston, Ontario. The new plant will create 340 jobs.

"Honda has a worldwide reputation for tremendous quality and continuous innovation," said Minister Bernier. "Canada and Canadian workers share that reputation, and I'm very pleased that Honda has recognized that by investing in a new engine plant for Alliston."

"The new government's recent budget measures to create an internationally competitive business climate by reducing taxes, and investing in infrastructure, borders, and innovation are designed to secure future investment of this kind in Canada," added Minister Bernier. "We are demonstrating that Canada is ready to compete on the global stage for business, investment, and well-paying jobs."

Helena Guergis, Parliamentary Secretary to the Minister of International Trade, is pleased that Honda has chosen to continue to invest in Canada and her riding of Simcoe Grey. "This is tremendous news - not only for Alliston and New Tecumseth, but for Ontario, for Canada, and for the entire Canadian automotive industry, and its dedicated workers," said Guergis.

Scheduled to open in 2008, the new Honda plant will supply engines for product manufactured at the Alliston plant. Honda currently employs 4300 workers in Alliston.

Auto manufacturing is a key cornerstone of the Canadian economy. Canada is home to 12 major vehicle assembly operations, with a 13th coming online in 2008. Canada is also home to 900 parts plants, and 170 000 Canadians work directly in the automotive sector.

Contact Information

  • Office of the Honourable Maxime Bernier
    Minister of Industry
    Isabelle Fontaine
    (613) 995-9001
    or
    Industry Canada
    Media Relations
    (613) 943-2502