Grants and Contributions:

Title:
815750
Agreement Number:
815750
Agreement Value:
$131,594,000.00
Agreement Date:
Apr 1, 2020 - Mar 31, 2026
Description:
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.
Organization:
Innovation, Science and Economic Development Canada
Location:
Markham, Ontario, CA L6C0H9
Reference Number:
033-2021-2022-Q4-815750
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
102390598
Recipient Type:
For-profit organization
Amendment Date
Mar 8, 2023
Recipient's Operating Name:
Honda Canada Inc.
Recipient's Legal Name:
Honda Canada Inc.
Federal Riding Name:
Simcoe--Grey
Federal Riding Number:
35099
Program:
SIF Stream3- Attraction
Program Purpose:

-Encourage R&D that will accelerate technology transfer and commercialization of innovative products, processes and services;-Facilitate the growth and expansion of firms in Canada;-Attract and retain large scale investments to Canada; and-Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector.

NAICS Code:
339990
Amendments: