Ontario Imposes 25% surcharge on U.S.-bound Electricity

March 10, 2025

At a news conference this morning Premier Doug Ford announced that Ontario will impose a 25% surcharge on "all U.S.-bound electricity, as part of its retaliatory measures against U.S. President Donald Trump's tariffs on Canadian goods."

This surcharge, an estimated $300,000 to $400,000 per day, will be collected by the province's electricity system operator and will be used to support workers and businesses affected by the U.S. tariffs.

More information can be found here: https://www.cbc.ca/news/canada/toronto/ontario-electricity-tariffs-ford-trump-1.7479180

Topic(s)

Hot topics

U.S. Tariffs and Canadian Retaliatory Surtax

Security and Trade Facilitation Programs

International Trade and Border Management

Exports

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