this post was submitted on 04 Mar 2025
115 points (98.3% liked)

Canada

8550 readers
2431 users here now

What's going on Canada?



Related Communities


🍁 Meta


🗺️ Provinces / Territories


🏙️ Cities / Local Communities

Sorted alphabetically by city name.


🏒 SportsHockey

Football (NFL): incomplete

Football (CFL): incomplete

Baseball

Basketball

Soccer


💻 Schools / Universities

Sorted by province, then by total full-time enrolment.


💵 Finance, Shopping, Sales


🗣️ Politics


🍁 Social / Culture


Rules

  1. Keep the original title when submitting an article. You can put your own commentary in the body of the post or in the comment section.

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca


founded 4 years ago
MODERATORS
 

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.

MBFC
Archive

top 17 comments
sorted by: hot top controversial new old
[–] shittydwarf@lemmy.dbzer0.com 24 points 4 days ago (2 children)
[–] Reannlegge@lemmy.ca 12 points 4 days ago* (last edited 4 days ago) (1 children)

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 11 points 4 days ago (1 children)

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.ca 4 points 4 days ago (1 children)

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.ca 2 points 3 days 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 points 4 days ago

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

[–] wirebeads@lemmy.ca 16 points 4 days ago

The problem is ontarios energy minister is just a trust fund rich kid with a degree in PR.

We honestly need people in government that have cohesive capabilities and not stooges that jump from education minister to energy minister without having a clue about either.

Fuck sakes.

[–] humanspiral@lemmy.ca 13 points 4 days ago (1 children)

Alberta should do the same for oil. US refineries that buy the oil would have to spend $20B on a new refinery that takes 5 years to use different oil.

Ontario action may reduce electricity prices for Canadians, raise revenue, and increase US inflation that is pressure to remove tariffs.

[–] Reannlegge@lemmy.ca 5 points 4 days ago (1 children)

Saskatchewan needs to turn off the Potash and Uranium delivery. Once people realize where that stuff is now coming from Trump may have to answer for some things.

[–] humanspiral@lemmy.ca -1 points 4 days ago (1 children)

Export tariffs. Raises revenue.

[–] Reannlegge@lemmy.ca 1 points 4 days ago (1 children)

The best and most reliable source of potash is in Saskatchewan they are running off to Russia and Belarus for it now, because the US cannot mine theirs the same way we can. Thing is Putin is going to royally F over Trump in the very near future and no embargo tax will be reasonable, the new receptacle tariffs Trump will put on everything on April 2nd will only hurt more. We are looking at a long trade war.

[–] humanspiral@lemmy.ca -3 points 4 days ago

Don't have the standard hatred for Russia, but it is silly to give them preferential trade status, while every ally is "screwing over the US". SK Potash has a huge shipping advantage to farm areas over sea and coastal ports.

Other Premiers should be more aggressive on export taxes now, and if somehow we need to compete with Russian Potash in a month, then they can be revisited.

[–] SRGray@lemmy.ca 12 points 4 days ago (1 children)

Like most USian news sources, the article is misleading. Ford said he will add a 25% export tax on electricity IF tariffs persist. He did not provide a timeline on exactly when he might do it. He referred to this as "keeping the powder dry"

[–] breakfastmtn@lemmy.ca 0 points 4 days ago (1 children)

This was published before he made those statements.

[–] SRGray@lemmy.ca 3 points 4 days ago (1 children)

This is true (about an hour before any official policy was released), which means it was published as a half-informed leak instead of news of actual policy. However, claiming an (inaccurate) leak as released policy remains misleading.

[–] breakfastmtn@lemmy.ca 0 points 4 days ago

He said it in an interview with the WSJ.

[–] bitjunkie@lemmy.world 3 points 3 days ago

This cocksucker fake president of ours is speedrunning economic collapse and we just kinda, like… wait for it, I guess?