Summary
Ontario Premier Doug Ford announced a 25% surcharge on electricity exports to 1.5 million Americans in Minnesota, New York, and Michigan, effective Monday, in response to Trump’s trade war.
The measure will generate CA$300,000-400,000 daily to support Ontario workers and businesses, adding about CA$100 monthly to affected American bills.
Ford threatened further increases or complete shutoff if the US escalates, despite Trump’s one-month tariff reprieve.
This action supplements Canada’s CA$30 billion in federal retaliatory tariffs on various American products.
Should have shut it off entirely
I was thinking the same at first but it might be best to make them give us more money so we can pay for what they are causing.
This also provides room for further escalation. You don’t want to play every card at once just cause it makes a big splash.
Or just raise the export tariff on electricity by 1% a day. They’ll shut if off themselves when they realize they can’t afford it at a 300% markup.