"They rely on our energy, they need to feel the pain," Premier Doug Ford said Monday on cutting Ontario electricity exports to U.S.
  • SneakyWeasel@lemmy.caEnglish
    32·
    11 days ago

    I cant see this happening. Cutting power exports would sure hurt the us citizens but it would also hit canadians just as bad. Not getting paid for power would be a huge hit for us. I could see some tarrifs being placed on power but not fully cut. Plus ford is a goof and i dont trust a word he says…

    • humanspiral@lemmy.ca
      13·
      11 days ago

      Power sector is certain to be saved from bankruptcy if somehow that was threatened. Sure, increasing export tariffs to 100% or 200% is a better response than cutting them off.

      Overall export tariffs is the best option to raise revenue without adding to inflation for Canadians.