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

How to Still Find 10-Bagger Gold and Silver Stocks | Don Durrett

First Majestic Silver: Jerritt Canyon Is BACK!

Canada May Finally Be Backing Its Battery Supply Chain | John Passalacqua – First Phosphate

Recommended

Silver47 Pulls High-Grade Gold and Silver Assays from Nevada Vein Network At Kennedy

Canadian Gold Resources Taps Chernin as Interim CEO in Planned Transition

Related News

Ontario Premier Vows to Pull Diageo Brands from Stores Over Plant Closure

Ontario Premier Doug Ford says the province will remove all Diageo-owned alcohol brands from government...

Monday, October 6, 2025, 03:46:00 PM

Canada Maintains 25% Tariffs on US Precious Metals in Trade Retaliation

Canada is maintaining 25% retaliatory tariffs on US precious metals imports in response to American...

Saturday, May 24, 2025, 09:25:00 AM

India Faces Steeper US Tariffs… If Russia Won’t Agree To Peace Talks?

While not part of Friday’s Alaska summit, India is facing it with a clear downside:...

Friday, August 15, 2025, 11:14:00 AM

US-Japan Deal Reached With A Lower 15% Trump Tariff

Japan has a trade deal with US, at least according to President Donald Trump after...

Wednesday, July 23, 2025, 12:12:00 PM

Doug Ford Wants To Cut Power Exports To US, Believing US Wouldn’t Do The Same

Ontario Premier Doug Ford has vowed to sever electricity exports to the US, originally proposed...

Tuesday, March 4, 2025, 08:40:00 AM