Ontario imposes 25% surcharge on electricity exports to U.S.
- Ontario has imposed a 25% surcharge on electricity exports to New York, Michigan, and Minnesota in response to President Trump's tariffs.
- Premier Doug Ford emphasized that the revenue from the surcharge will support workers and families in Ontario.
- The fee is $7 per megawatt-hour, aiming to generate up to $276,000 daily for Ontario.
- Ford stated that the tariffs could result in an additional $69 monthly charge for consumers in the affected states.
354 Articles
354 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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