Ontario is increasing electricity export charges to the United States by 25%, according to a press release. This change is tied to Canadian tariffs on goods imposed by the U.S., which have been paused recently.
The Canadian province supplies electricity to Minnesota, New York, and Michigan. Despite the pause in tariffs, Ontario insists on maintaining the higher price for its electricity exports to these states.
The tariff adjustments have been a topic of discussion for several weeks, impacting the economic relationship between Canada and the U.S.