Ontario Premier Doug Ford said that his province is prepared to add a 25% surcharge on the electricity it exports to Michigan.
Amid a trade war, a leader in Canada is threatening to put a surcharge on electricity exported to Michigan — or shut it off.
“People are going to be losing their jobs in the U.S. and in Canada, and inflation is happening already. If there’s one thing the market doesn’t like is uncertainty. The market is going downhill quicker than the American bobsled team.”
Newly re-elected Premier Doug Ford doubled down Monday on his threat to cut off electricity flowing from Ontario to several American states if the U.S. moves ahead with tariffs.
Ontario Premier Doug Ford says starting Monday, the province will charge 25 per cent more for electricity shipped to 1.5 million Americans in response to U.S. President Donald Trump's tariffs.