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Ontario

Economics/Energy

Report: Ontario Agrees To Suspend Electricity Surcharge

On Tuesday, the Ontario government walked back its threat to impose a surcharge on electricity to three U.S. states amid broader trade talks. In a joint statement from Ontario Premier Doug Ford and Commerce Secretary Howard Lutnick, the two leaders said they had a

March 11, 2025
Economics

Trump Doubles Canadian Steel And Aluminum Tariffs To 50% Over Ontario Energy Duties

In a dramatic escalation of trade tensions, President Donald Trump announced that the United States will double tariffs on Canadian steel and aluminum imports to 50%, effective Wednesday. This decision comes in direct response to Ontario Premier Doug Ford‘s recent imposition of a 25% surcharge on electricity exports to three U.S. states:

March 11, 2025

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