Ontario Slaps 25% Tax Increase On Electricity Exports To U.S.
6 weeks ago
Ontario’s premier, the leader of Canada’s most populous province, is now charging 25% more for electricity shipped to 1.5 million Americans in response to U.S. President Donald Trump’s tariff plan. Ontario provides electricity to Minnesota, New York and Michigan. Ontario Premier Doug Ford says Ontario’s tariff would remain in place despite the one-month reprieve from Trump, nothing a one-month pause is just more uncertainty. Ford estimated the new tariff will add about $69 a month to the bills of each American affected.