Ontario Moves ahead with 25% Tariff on electricity

Jmac00

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www.theepochtimes.com

Ontario Moves Ahead With 25 Percent Surcharge on Electricity Exported to US

The electricity tariff will be paid by utility providers in the three impacted states of New York, Michigan, and Minnesota.
www.theepochtimes.com www.theepochtimes.com
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Ontario Premier Doug Ford has followed through on his pledge to impose a 25 percent tariff on electricity exported to the United States in response to the tariffs enacted on Canadian products by President Donald Trump.

The export tax on the energy Ontario sends to New York, Michigan, and Minnesota comes into force today, bumping up the cost of electricity for 1.5 million households and businesses in those states, Doug Ford said during a March 10 press conference in Toronto.
The electricity tariff will be paid by utility providers in the three states, netting the province an estimated $300,000 to $400,000 per day, Ford said, noting that the tariff will add roughly $100 per month to the Americans’ bills.
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This is going to get very serious, very fast. Lets see what Trump respond's with. This clown, Ford is dead serious?
 
spat

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Jmac00 said:
This is going to get very serious, very fast. Lets see what Trump respond's with. This clown, Ford is dead serious?
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I wouldn't want to try to play that game for long if I was Canada.

I think Trump should not have picked this fight.

Unless there was something going on I really don't know about, I think he should have left Canada alone.

But, I don't think they can win this.

AISelect_20250310_225126_Chrome.jpg


The US is a lot less dependent on Canada than they are with us.


We are about 75% of their exports, but they are only about 15% of ours

US-Trading-Partners.png
 
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Cavalry

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Lets think about the all around the consumer fucking from clues in the article. The 25% increase is an additional $10 mWh. In consumer terms that means one kWh is $.05 with the tariff, current price without the tariff is $.04/kWh. The power company has incurred no other costs other than that $.01/kWh supplier increase so what can they justify passing onto the customer exactly?
By that math, how are the coming up with this doom and gloom "Up to $100 a month extra" when if someone uses 1000 kWh/mo it would be $10 more?
 
Bigfoot

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RedBreast21

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Not worried about it. Canada's power company is over 55 billion in debt.

The trade deal with the U.S. is 20% of Canada's GDP.

Its only barely 5% of the U.S. GDP.

Canada is talking shit to protect the lies its told to its citizens in the face of next years elections in parliament :beer:

China slapped tariffs on Canada after they raises tariffs on EV's back in Oct. Canada figured everyone hates China and they need the money to continue their welfare state for the election.

Canada is in a world of economic hurt. We, the U.S. could collapse the worlds economy. We are nothing but consumers after all. We would hurt of course but the globe would be devastated. Just pulling out the freeloading cash the EU has been getting is going to make the EU struggle.
 
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libertysnake

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Bigfoot said:
"President Donald Trump said he has ordered his administration to raise tariffs on Canadian steel and aluminum imports by an additional 25%, bringing the total duties to 50%."

"Trump said he was imposing the latest tariffs in response to a decision by Ontario’s government to slap a 25% tax on electricity exports to the U.S."

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Ok. So he did that. Is he donating that generated money to offset my electric bill? To help NYers? Right now it seems like Canada and US are having a fund raiser with unofficial taxes through tariffs and the citizens of both counties are getting turbo fucked.
 
Jmac00

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trump could do one more thing. Shut down the northern border. How much of Canada's GDP is related to tourism?

Tourism season is right around the corner, I'm curious as to how much that would hurt Canada
 
spat

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Celt said:
Before everybody gets nervous about how much their bill is going to go up let's see how things Shake out. I am certain that in the long run we will all have more money in our pockets at the end of the year
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And don't forget that the majority of your electric bill is *not* the actual cost of the electricity.

It's mostly related to delivery and service charges.

If you buy a $5 gizmo that $10 shipping, a 25% increase in the cost of the gizmo isn't really significant.
 
Bustedknees

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The big power lines that run from Canada through the western ADK and continue through Oneida, Madison counties then south to NY city. So it should not effect anybody but NYC. Nobody else feeds off it.
 
Koz

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Sorry, I still find humor in Canada's knee-jerk reaction to the US wanting to level the playing field on imports and exports. It's reminiscent of the left's hissy fits over "everything Trump". Let them rant and shake their fists. America is on the correct side of all of this. It's cute to watch them all play the tough guy when they have no leverage, no support and in their heart what they know Trump is right.

That said, I don't wish hardship on any of our folks. I can only suggest they allow the chips to fall into place with patience and support.
 
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I am more concerned with lumber prices. I plan to start my addition in May. I got my contractor calling the lumber yard about prices on a weekly basis. I may just order everything well in advance. I just need a place to put it. Hard to do with 3ft of snow still on the ground.
 
libertysnake

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Hochulsucks1234 said:
I am more concerned with lumber prices. I plan to start my addition in May. I got my contractor calling the lumber yard about prices on a weekly basis. I may just order everything well in advance. I just need a place to put it. Hard to do with 3ft of snow still on the ground.
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Same, although I'm just renovating one of the rooms so more sheetrock for some spots, and a few small pieces. But still it's going to raise my costs.
 
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libertysnake said:
Same, although I'm just renovating one of the rooms so more sheetrock for some spots, and a few small pieces. But still it's going to raise my costs.
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We are adding a new kitchen. Its a 2 year project. This year I just want the foundation and framing done. I plan to do the rest over next winter into next spring. Rate things are going it may turn into a 3 year thing. As long as its done in 5 years, we plan to sell and get out of NY by then lol.
 
Jmac00

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I guess out here in Phoenix they should be concerned with lumber prices. They're putting up houses as fast as they possibly can. And, if you look at a map, every house on the west side is 3' from the next. You can't get a Motorcycle between homes. These "homes" are 1500 sq ft, and are going for the low, low price of $400K and up.
My BIL bought his house 30 years ago in Scottsdale on a fore-closer for $85K, last year one of those some dipshit "we buy houses" offered him $700K for it. He said you come up to a million and you can have it, including the furniture. They never called back, LOL

I was thinking, If i was a framer, you could make a fortune out here. except their are a million builders/framers so its lowest bidder gets the job. So these poor slobs and probably barely making any money at all. Roofers are the same way.

heres a little kicker: there is a 146 acre "lot" ( property ) next door to where my son lives, the town is going to allow 1900 homes on this property . One acre of raw land out here is AVERAGING $299,990, yikes
 
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Bustedknees said:
The big power lines that run from Canada through the western ADK and continue through Oneida, Madison counties then south to NY city. So it should not effect anybody but NYC. Nobody else feeds off it.
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That is absolutely what I have been saying from the start , I could give a crap if the power goes out in NYC .
 
Defilade

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View attachment energy.mp4

Chris Wright reacts to Ontario's threats to put a surcharge on U.S. electricity: "That was an outrageous claim coming out of Canada, but I want to point out of course it's already been removed. Threatening energy security. That's why President Trump got elected. We were really degrading energy security in this country for four straight years."
 
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