No grants, no plants. No plants means a hole in govt revenues, lower employment, lower GDP, weaker economy, consumer dollars supporting workers in other countries. No one likes it, but we have to deal with the world as we find it, not as we would like it to be.
You mean tax payer. Tax payer will pay for; - their energy - their building - all the taxes they should pay but won't - any roads or infrastructure leading to it - the actual workers as they'll be foreign
Just thinking according to Doug Ford its bad to give citizens a few thousand of their tax dollars back to help buy an EV, but it’s good for Doug Ford to give corporations billions of tax dollars to subsidize EV’s?
Ford has hit his stride in the past year and is doing a lot of good things for the province. Such a relief after the McGuinty-Wynne era of such profound deterioration that it took his first term just to bring it to a stop. And to get anything done while Trudeau is in office isn't far short of amazing.
Good report. Bottom line is what is the cost to taxpayers? Another Liberal success story; invest in a market segment as it is collapsing and ride the investment to the bottom. Why pick Canada over Mexico which is a lower cost more business friendly environment?
They need to focus on producing hybrids and not EV's. As for Honda they should focus on hybrids as they don't offer a lot of these types of vehicles, and for them to start producing EV vehicles without taking the first steps with hybrid will only end up with them pulling out.
1) How do you know what the cars will cost? 2) Anyway, $50k would be below average. ("In February 2024, the average cost for a new car is almost 50 per cent higher at $66,979." Source: National Post, Mar 8, 2024)
Why? Honda could've gotten that much out of many places in many countries. That's the world today and I'm glad Ontario knows how to live in it. Never mind the $5bn, I say. Moreover, this enterprise is going to be a fountain of tax payments of one sort or another to Ontario and Canada for a very long time. It's a good thing this happened.
![😱 Майнкрафт, но Он Становится РЕАЛИСТИЧНЕЕ и ДОРОЖЕ [Максимальная Прокачка] + Фиксплей](http://i.ytimg.com/vi/yLvBrHGN-Sk/mqdefault.jpg)
Oil and Gas for me.
Good news we already building Honda CRV and Honda CIVIC in Alliston Ontario Canada made in Canada
The only reason is they are after government grants.
No grants, no plants.
No plants means a hole in govt revenues, lower employment, lower GDP, weaker economy, consumer dollars supporting workers in other countries. No one likes it, but we have to deal with the world as we find it, not as we would like it to be.
Nope ,Honda has come around, it was on this road to Damascus, " Come to Elon moment". They ,CEO)realized FoolCells are dead, BEVs are the way to go😂
Will be the next plant to close when they find out people can’t afford them
Have they lost their minds da? I love Honda but this is stupid!
Who is providing the Capital Investments? Honda? Or taxpayers?
Tax payers
You mean tax payer.
Tax payer will pay for;
- their energy
- their building
- all the taxes they should pay but won't
- any roads or infrastructure leading to it
- the actual workers as they'll be foreign
If they are such a successful product-no need for subsidies
Why should taxpayers pay for this while Honda and executives walk away with the profits that we are paying for.
Just thinking according to Doug Ford its bad to give citizens a few thousand of their tax dollars back to help buy an EV, but it’s good for Doug Ford to give corporations billions of tax dollars to subsidize EV’s?
Ford has hit his stride in the past year and is doing a lot of good things for the province.
Such a relief after the McGuinty-Wynne era of such profound deterioration that it took his first term just to bring it to a stop. And to get anything done while Trudeau is in office isn't far short of amazing.
Wasting billions of our money Trudie
Good report. Bottom line is what is the cost to taxpayers? Another Liberal success story; invest in a market segment as it is collapsing and ride the investment to the bottom. Why pick Canada over Mexico which is a lower cost more business friendly environment?
They need to focus on producing hybrids and not EV's. As for Honda they should focus on hybrids as they don't offer a lot of these types of vehicles, and for them to start producing EV vehicles without taking the first steps with hybrid will only end up with them pulling out.
4200 hundred jobs created to make 200,000 cars a year? Who is going to buy these cars that cost 50k? Federal governement workers and honda staff?
1) How do you know what the cars will cost?
2) Anyway, $50k would be below average. ("In February 2024, the average cost for a new car is almost 50 per cent higher at $66,979." Source: National Post, Mar 8, 2024)
Honda made $57.9 billion profit last year why the need my and millions of Canadians tax payers $5 billion. Shame on Honda.
Why? Honda could've gotten that much out of many places in many countries. That's the world today and I'm glad Ontario knows how to live in it. Never mind the $5bn, I say.
Moreover, this enterprise is going to be a fountain of tax payments of one sort or another to Ontario and Canada for a very long time. It's a good thing this happened.