Ontario Defiant on Energy Tax Despite Trump’s Tariff Delay

A one-month reprieve on US tariffs won’t change Ontario’s plan to impose a 25% surcharge on electricity exports to three American states, Premier Doug Ford confirmed Thursday.

The energy tax, set to begin Monday, targets power supplied to approximately 1.5 million homes and businesses in New York, Michigan, and Minnesota. It comes as part of a broader provincial response to trade tensions that erupted when the US imposed tariffs on Canadian goods earlier this week.

“We have learned one thing. You touch a stove and you burn yourself, you don’t touch that stove again,” Ford told Fox Business, emphasizing his government’s resolve despite President Donald Trump’s announcement temporarily exempting many Canadian and Mexican goods from tariffs until April 2.

Ford’s administration has already implemented several countermeasures, including:

  • Removing roughly 3,600 US products from provincial liquor control board shelves
  • Canceling a $100 million contract with Starlink, Elon Musk’s satellite internet company
  • Prohibiting American companies from bidding on approximately $15 billion in government procurement contracts

The provincial leader has even warned he could escalate the situation further. During an interview with Newstalk 1010 radio, Ford said he would increase the electricity export tax to 50% if Trump’s “economic attack” on Canada continued.

Ford noted in a Fox Business appearance that the temporary US tariff exemption covers only 62% of Canadian goods under the North American free trade agreement, leaving many products still subject to a 25% tariff.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

SSR Mining Walks Away From a World Class Gold-Copper Project

Why More Canadians Are Starting to Think About Leaving | Jesse Day

Instead of Waiting, This Gold Developer Went Bigger | Kenneth McLeod – Sonoro Gold

Recommended

Amid CBS Shuffle, Is Joe Rogan Replacing Anderson Cooper On 60 Minutes?

Silver47 Targets Resource Growth With 10,000 Metre Red Mountain Drill Program

Related News

Trump’s Tariff Was Able To Unite China, Japan, South Korea… Against It

China, Japan, and South Korea, three nations with a long history of political and economic...

Tuesday, April 1, 2025, 10:38:00 AM

Ontario Government Paid $70,000 for Advice It Can’t Find Any Record Of

In response to a Freedom of Information Act (FOI) request filed by NDP Member of...

Monday, October 9, 2023, 10:24:00 AM

Tariffs Dry Up Imports, US Trade Deficit Sinks to Three-Year Low

In a revelation that shocks probably no one, the US trade deficit in goods and...

Friday, June 6, 2025, 10:22:00 AM

Premier Doug Ford Reverses Decision to Develop Greenbelt as Two Ministers Resign in Wake of Controversy

Ontario Premier Doug Ford has reversed his decision to develop parts of the Greenbelt, a...

Thursday, September 21, 2023, 05:01:18 PM

Supreme Court Rules Trump Tariffs Illegal

The US Supreme Court ruled that President Donald Trump’s sweeping global tariffs were illegal, ending...

Friday, February 20, 2026, 11:55:35 AM