Ontario, Canada Premier has said: I will not hesitate to cut off power supplies to US

Ontario Premier Stands Firm on Electricity Surcharge, Warns of Potential Power Cutoff

Ontario Premier Doug Ford doubled down on his 25% electricity surcharge on U.S.-bound exports Tuesday, vowing not to back down until U.S. President Donald Trump lifts his tariffs on Canadian imports.

Ford: "We Will Not Back Down"

Speaking to MSNBC, Ford reaffirmed his hardline stance, saying he would not hesitate to take further action—including cutting electricity exports entirely—if necessary.

"We will not back down. We will be relentless. I apologize to the American people that President Trump decided to launch an unprovoked attack on our country."

Ford’s remarks came just hours after Trump announced plans to double tariffs on all steel and aluminum products coming into the U.S. from Canada.

Surcharge Adds $10 Per Megawatt-Hour

Under Ontario’s new policy, any electricity generator selling power to the U.S. must now apply a 25% surcharge, adding an extra $10 per megawatt-hour to the cost.

Ontario estimates the surcharge will generate between C$300,000 and C$400,000 (US$432,000 to US$576,000) per day.

Ford Threatens to Cut Off Power Supply

Asked during a CNBC interview whether Ontario would go as far as cutting electricity exports entirely, Ford left the option open:

"Is it a tool in our toolkit? 100%. And as he continues to hurt Canadian families, Ontario families, I won’t hesitate to do that."

Ontario exports power to 1.5 million homes across New York, Minnesota, and Michigan, making the potential cutoff a serious escalation in the escalating trade war between the U.S. and Canada.

Unusual Whales does not confirm the information's truthfulness or accuracy of the associated references, data, and cannot verify any of the information. Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Options, investing, trading is risky, and losses are more expected than profits. Please do own research before investing. Please only subscribe after reading our full terms and understanding options and the market, and the inherent risks of trading. It is highly recommended not to trade on this, or any, information from Unusual Whales. Markets are risky, and you will likely lose some or all of your capital. Please check our terms for full details.
Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Certain investment planning tools available on Unusual Whales may provide general investment education based on your input. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your legal or tax professional regarding your specific situation. See terms for more information.