electricity tariffs

Ontario Slaps 25% Tariff on US Electricity Exports

In response to President Trump’s trade war, Ontario Premier Doug Ford announced a 25% electricity surcharge for 1.5 million American consumers in Minnesota, New York, and Michigan, generating an estimated $208,000-$277,000 CAD daily to support Ontario’s economy. This measure, despite a one-month tariff reprieve from the U.S., will remain in effect until all tariffs are removed, with Ford threatening a complete electricity shutdown if necessary. The surcharge adds approximately $69 CAD monthly to affected American bills and is in addition to Canada’s $21 billion in retaliatory tariffs. Ford also urged Alberta to impose an oil export tax, further escalating the trade conflict.

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