Starting yesterday, Ontario has slapped a 25% surcharge on electricity exports to the United States in response to tariffs imposed by President Trump’s administration.
The surcharge will affect 1.5 million homes and businesses in Michigan, Minnesota and New York, costing up to $400,000 daily.
It is set to remain in place until tariffs are lifted.
Premier Doug Ford says the measure protects Ontario workers and families, warning the province could hike the surcharge or cut off exports entirely.
Ford notes there is one person to blame for that.
The Premier added that the revenue generated from the surcharge will be reinvested to support local communities.
This move follows Canada’s $30 billion in retaliatory tariffs, with Ontario also banning U.S. products from LCBO shelves and excluding American firms from government contracts.
Written by: K. Freeman