Ontario imposes 25% surcharge on electricity exports to U.S.
- Ontario's premier, Doug Ford, announced a 25% surcharge on electricity exports to the U.S. Effective Monday, impacting 1.5 million Americans.
- The surcharge aims to raise revenue of $300,000 to $400,000 Canadian daily to support Ontario's workers and businesses.
- Ford stated, "Until the threat of tariffs is gone for good, Ontario won’t back down," indicating a strong stance against U.S. Tariffs.
- President Donald Trump's tariffs have drawn retaliatory measures from Canada, with impacts on various goods and concerns about a broader trade war.
355 Articles
355 Articles
Ontario's Doug Ford slaps 25% surcharge on US electricity exports in response to Trump tariff threat
Ontario Premier Doug Ford speaks at a press conference in Toronto.Katherine KY Cheng/Getty ImagesCanada's Ontario province slapped a 25% tax on electricity exports to 3 US states, its premier said.It will affect 1.5 million households and companies in Michigan, Minnesota, and New York.Premier Doug Ford said: "Ontario doesn't want this trade war, but we won't back down until it's over."Ontario's premier responded to President Donald Trump's tarif…
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