The Peak Daily Under the microscope 🔬- Honda posts historic annual loss, Manitoba mulls ban on paying for plasma.
Mar 13, 2026
A deep dive into Honda’s massive annual loss and the EV strategy fallout rippling across automakers. A close look at Manitoba’s move to consider banning paid plasma after donor deaths and the national plasma supply deal. Coverage of a global oil supply crisis from Strait of Hormuz disruptions. Breakdown of Ottawa’s telecom data revisions and Uber’s new premium Elite service.
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Honda's Historic Loss From EV Retreat
- Honda forecasted a net loss up to 690 billion yen driven mainly by cancelling three EVs and a US$15.7 billion retreat charge.
- The pullback reflects weak North American demand and fierce Chinese competition that forced industry-wide strategy reversals.
Canadian EV Plans Disrupted By Automaker Pullbacks
- Canada's EV ecosystem was hit hard as Honda paused its $15 billion Ontario plant and other automakers shifted or halted Canadian EV production.
- Stellantis moved Jeep EV output to Illinois and GM stopped production of BrightDrop vans at Canada's first all-EV plant.
Deaths Prompt Manitoba Review Of Paid Plasma
- Manitoba is considering banning paid plasma after two donor deaths at Grifols centres while Health Canada reviews any causal link.
- The Grifols 15-year deal with Canada Blood Services raised plasma supply from 15% to 31% of domestic need by last September, complicating the debate.