Honda has made a large move to bolster the competitiveness of their Canadian manufacturing facilities all the while insulating them from exchange rate fluctuations.
$857 million in investments were announced just last week.
But thats not the significant bit, Alliston will be the lead production facility for the 10th generation Honda Civic. Lead facility means it will pioneer practices for manufacturing 10th generation Civics that will be used by other Honda facilities worldwide. In case you were wondering this is the first time Honda has allowed this to happen outside of Japan. A BIG deal for Canada...