Press Release: Honda Canada Inc. Aug 28, 2001

Press Release: Honda Canada Inc. 			Aug 28, 2001
Discontinues Rating

Kam Hon, Walter Schroeder, CFA / (416) 593-5577 ext.243 / e-mail:
khon@dbrs.com

DBRS is discontinuing the commercial paper rating of Honda Canada Inc.
as the Company has not issued commercial paper and has no plan to issue
commercial paper in the foreseeable future.
DBRS is a Toronto-based, full-service credit rating agency established
in 1976. Privately owned and operated without affiliation to any
organization, DBRS is respected for its independent, third-party
evaluations of corporate and government issues, spanning North America,
Europe and Asia. DBRS's extensive coverage of securitizations and
structured finance transactions solidifies our standing as a leading
provider of comprehensive, in-depth credit analysis.
Information contained herein is obtained by DBRS from sources believed
by it to be accurate and reliable. Due to the possibility of human or
mechanical error as well as other factors, such information is provided
"as is" without warranty of any kind and DBRS, in particular, makes no
representation or warranty, express or implied, as to the accuracy,
timeliness, completeness, merchantability or fitness for any particular
purpose of any such information. DBRS shall not be liable in contract,
tort or otherwise for: (a) any loss or damage in whole or in part caused
by, resulting from, or relating to, any error (negligent or otherwise)
or other circumstance or contingency within or outside the control of
DBRS or any of its directors, officers, employees, independent
contractors, or agents in connection with, or related to, obtaining,
collecting, compiling, analyzing, interpreting, communicating,
publishing or delivering any such information; or (b) any direct,
indirect, special, consequential, compensatory or incidental damages
whatsoever (including, without limitation, lost profits), even if DBRS
is advised in advance of the possibility of such damages, resulting from
the use of or inability to use, any such information. In addition to the
foregoing, the rights of subscribers of DBRS are governed by the terms
and conditions of the applicable Subscription Agreement. In the event of
any conflict between this document and the Subscription Agreement, the
Subscription Agreement shall govern (without limitation, a conflict
shall not include the failure of the Subscription Agreement to cover a
matter covered herein). The credit ratings, if any, constituting part of
the information contained herein are, and must be construed solely as,
statements of opinion and not statements of fact or recommendations to
purchase, sell or hold any securities