Tuesday, March 11, 2025

Big talk, tiny stick! Dem Walz lies again!-----Ontario slaps 25% tax increase on electricity exports to US in response to Trump's trade war

Ontario provides electricity to Minnesota, New York and Michigan. 
  • Trump Tariffs© Jill Colvin - “The first victims of Trump’s Trade war? Minnesotans struggling to pay their skyrocketing electric bill,” Walz tweeted with a link to a story about Ontario’s move. “Minnesotans cannot afford Trump’s billionaire-run economy. We have to put a stop to this madness.
  • But Minnesota Power, the main electrical utility serving the part of Minnesota that borders Ontario, gets only a “very small” proportion of its power from the province, company spokesperson Amy Rutledge said...While it gets about 11% of its power supply from Manitoba Hydro, she said, that’s not affected by Ontario’s announcement. Trump© Luis M. Alvarez - “We really expect any impact on our customers to be negligible,” Rutledge said.
  • Midcontinent Independent System Operator — the organization that manages a regional power grid that stretches from Manitoba to Minnesota to Louisiana — also expects little effect, spokesman Brandon Morris said. MISO gets under half its power from Canada, and less than half of that comes from Ontario, he said...

No comments: