Ontario Premier Doug Ford announced a 25% surcharge on electricity exports to the U.S. in response to President Trump's planned tariffs. The surcharge is expected to cost up to $400,000 per day and aims to protect Ontario from the impact of the tariffs.
Key Points
25% surcharge on electricity exports to U.S.
Expected to cost up to $400,000 per day
Response to President Trump's planned tariffs
Pros
Protects Ontario's interests
Generates revenue to support workers and businesses