OTTAWA - Honda will build electric vehicles and their parts in Ontario with financial support from the Canadian and provincial governments under a plan to be announced this week, a source with direct knowledge of the deal said on Monday.
Without explaining what was included in the numbers, Ontario Premier Doug Ford earlier told reporters on Monday the deal was the largest in Canadian history and would be worth double the C$7 billion that a planned Volkswagen EV electric vehicle plant in Ontario is set to cost. In a federal budget last week, the government introduced a new investment tax credit giving companies a 10% rebate on the costs of constructing new buildings used in key segments of the electric vehicle supply chain.
A majority of House Republicans voted against sending more than $60 billion to Ukraine. But it passed anyway, and it now heads to the Senate.NEW YORK -Former President Donald Trump agreed on Monday to additional restrictions on the $175 million bond in the former U.S. president's New York civil fraud case, resolving concerns by the state attorney general that the funds were not secure. The bond issued by Knight Specialty Insurance is meant to secure Trump's compliance with a $454.
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