Canada’s province of Ontario will slap a 25% export tax on electricity it sends to 1.5 million homes in Minnesota, Michigan and New York, in retaliation for President Trump’s tariffs, said Doug Ford, Ontario’s leader. Ford added that he will direct the province’s energy producers to shut down the e

Canada’s province of Ontario will slap a 25% export tax on electricity it sends to 1.5 million homes in Minnesota, Michigan and New York, in retaliation for President Trump’s tariffs, said Doug Ford, Ontario’s leader.

Ford added that he will direct the province’s energy producers to shut down the exports entirely if Trump moves ahead with even more tariffs on April 2. He said he would direct his minister of energy to redirect energy from an Ontario nuclear reactor to local manufacturers instead.

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    • Reannlegge@lemmy.caEnglish
      12·
      2 days ago

      That will shut down so much and really crash the stock exchanges in New York Sure the actual exchange will have backup power however a lot if not most of the brokers will not have the backup power.

      Just to be clear I am all for it.

      • scutiger@lemmy.world
        10·
        2 days ago

        We’re not literally powering all of that stuff. We sell electricity for very cheap. If we cut it off, nobody’s going to lose power, they’re just going to get a much more expensive electric bill.

        • Reannlegge@lemmy.caEnglish
          3·
          2 days ago

          2002 I think it was, something happened at a Quebec power station; big parts of Quebec and Ontario, along with New York had brown outs and rolling black outs.

          • whiskyjack@lemmy.caEnglish
            2·
            18 hours ago

            Ya, if we were to suddenly, and without warning, cut off their power, it would cause major issues for the American grid. Check out Grady’s Practical Engineering series on the subject on YouTube, or better yet Nebula.

    • Nik282000@lemmy.ca
      12·
      2 days ago

      If they keep the tax in effect until AC season the americans will turn it off themselves.