The United States imported approximately 27,220,531 megawatt hours (MWh) of electricity from Canada in 2024, according to the latest data from the U.S. Energy Information Administration (EIA).
However, this longstanding trade relationship is currently under strain due to escalating trade tensions. In a recent development, Ontario’s Premier Doug Ford announced a 25 percent export tax on electricity sent to homes in three northern U.S. states as retaliation for U.S. tariffs, with the potential to shut down electricity imports altogether.
Why It Matters
Recent developments in the electricity trade between the U.S. and Canada highlight its critical role not just in energy supply but also in international relations and economic stability.
Canada’s retaliatory tariffs on electricity—which would affect 1.5 million homes in Minnesota, Michigan and New York, as reported by the Wall Street Journal—could escalate to a complete shutdown of these exports if further U.S. tariffs are implemented on April 2.