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Ontario Premier Says Electricity Export Tax Is Possible If Trade Talks Fail

Ontario Premier Says Electricity Export Tax Is Possible If Trade Talks Fail

Bloomberga day ago
Ontario Premier Doug Ford said he hasn't ruled out the idea of reimposing a surcharge on electricity exports to US states if trade talks between Canada and the Trump administration don't result in a fair deal.
In March, the leader of Canada's most populous province briefly put a 25% export tax on power exports to Michigan, Minnesota and New York in retaliation for US President Donald Trump's trade war. He backed down after the president said he would increase tariffs on Canadian steel and aluminum to 50% and attack the country's auto industry, which relies on exports to the US.
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