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.

  • masterspace@lemmy.ca
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    6 hours ago

    American GDP per capita: $85,000

    Canadian GDP per capita: $55,000

    American Natural Resources per capita: $150,000

    Canadian Natural Resources per capita: $1.1 million

    And America thinks that they have been getting taken advantage of?

    Quite frankly it’s about damn time that Canada started moving more high value processing in-house. America has been treating us as a resource colony to siphon wealth from forever.

    Time to sign trade deals with absolutely everyone else who will sign them and see how America likes it when their cheap resources start flowing elsewhere. They can fuck right off if they think they’ll win a trade war.

    • Retropunk64@lemmy.ml
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      5 hours ago

      Krasnov and his cronies made up the lies about being taken advantage of to hide their true motives, driven purely by imperialism. Its a smoke cover.