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What Honda’s big electric vehicle announcement in Ontario really means

By Dimitry Anastakis, Professor and LR Wilson/RJ Currie Chair in Canadian Business History, University of Toronto

In retrospect, the turnaround — and just how fast it happened — is difficult to believe.

In 2010, Ontario’s economic future looked grim. Tied as it had been for more than a century to the automobile industry, the provincial economy was in freefall.

General Motors and Chrysler went bankrupt, dozens of plants were shuttered, and tens of thousands of well-paying auto jobs were lost along…

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