Ontario electricity tax

Ontario Stands Firm: Retaliatory Tariffs Remain Despite US Exemption

Despite a temporary reprieve on some U.S. tariffs on Canadian goods, Ontario will proceed with its planned 25% electricity export tax to New York, Michigan, and Minnesota, beginning Monday. This retaliatory measure, alongside the removal of U.S. alcohol from LCBO shelves and cancelled contracts with American companies, reflects Ontario’s unwavering stance against President Trump’s tariffs. Premier Ford maintains that the temporary reprieve is insufficient and threatens to double the electricity tax if tariffs are not fully removed by April 2nd. The province cites the ongoing threat of further tariffs and the incomplete coverage of Canadian goods by the existing trade agreement as justifications for its actions.

Read More