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As Ontario hikes cost of electricity exports, Lutnick says more tariffs are coming [Video]

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Ontario Premier Doug Ford said the surcharge will add an estimated $100 per month to the average bills of affected American ratepayers, and it will generate $300,000 to $400,000 in revenue for the province each day. Ford says Ontario will use that money to reduce electricity bills for ratepayers in the province. (March 10, 2025 / The Canadian Press)

By Kelly Geraldine Malone The Canadian Press

WASHINGTON – Ontario placed a 25 per cent surcharge on electricity exports to the United States on Monday as Canada braced for steel and aluminum duties the Trump administration is set to deploy on Wednesday.

“I feel terrible for the American people, because it’s not the American people who started this trade war,” Ontario Premier Doug Ford said Monday at a news conference called to announce electricity price increases for about 1.5 million homes in three U.S. states.

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