Canada's Finance Minister, Chrystia Freeland, disclosed that she recently held discussions with representatives from Honda Motor regarding the potential establishment of a significant electric vehicle (EV) plant in the country. The proposed investment for the plant is estimated to be almost 2 trillion yen, equivalent to $13.7 billion. Freeland emphasized Honda's status as a crucial investor in Canada and highlighted the importance of their discussions. The meeting took place in Toronto, where Freeland informed reporters about the ongoing engagement with the Japanese automaker. She also mentioned that other government officials had participated in meetings with Honda, indicating a collaborative effort to explore and facilitate the potential investment in the EV sector. The news reflects Canada's proactive approach to attract and support major investments in the growing electric vehicle industry, aligning with global trends toward sustainable transportation.
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