Ontario slapping 25% surcharge on U.S.-bound electricity Monday, Ford says - eviltoast

Summary

Ontario will impose a 25% surcharge on electricity exports to New York, Michigan, and Minnesota starting Monday in retaliation for Trump’s tariffs on Canadian goods.

Premier Doug Ford warned U.S. governors and vowed to maintain the surcharge until all tariffs are lifted.

Canada has already imposed $30 billion in retaliatory tariffs, with more planned.

Ford also threatened to cut power to the states by April and banned U.S. firms from bidding on Ontario contracts. A $100M SpaceX deal for rural internet was also scrapped in response.

  • madcaesar@lemmy.world
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    2 days ago

    Why is electricity so expensive in Quebec? Because fuck the people that’s why 😑

    I don’t pretend to know all the ins and outs of commerce but I do know Canadians are also getting fucked by Canada. Electricity, lumber, construction materials are artificially expensive as fuck. Since covid the price skyrocketed because of price fixing and no-one did shit and they stated high.

    Same with food prices, telecom… I love Justin standing up to Trump, but it’s also true that he’s failed protecting the average Canadian. Corporations have run amok and no-one has stood in their way.