Ontario To Impose 25% Electricity Tariff On Monday

CTV News reports:

Ontario Premier Doug Ford says that the province will place a 25 per cent tariff on the electricity that it provides to 1.5 million homes and businesses in New York, Michigan and Minnesota as of Monday and could double the surcharge if the U.S. escalates its trade war with Canada.

“Unfortunately, President Trump has attacked our country and attacked our province economically so as of Monday we are putting a 25 per cent export tax, surcharge, whatever you want to call it. They are going to be paying 25 per cent more on their electricity in Minnesota, Michigan and New York and if it continues, the attack, I will up it to 50 per cent,” Ford told Newstalk 1010.

Ford sent a letter to the senators, congressmen, congresswomen and governors of New York, Michigan and Minnesota on Tuesday to inform them about the province’s plan to implement the surcharge on electricity.

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