cross-posted from: https://lemmy.world/post/26311927
cross-posted from: https://lemmings.world/post/21935385
Speaking Monday at a mining convention in downtown Toronto, Ontario Premier Doug Ford doubled down on threats to cut electricity exports to U.S. border states if the tariffs go through.
I cant see this happening. Cutting power exports would sure hurt the us citizens but it would also hit canadians just as bad. Not getting paid for power would be a huge hit for us. I could see some tarrifs being placed on power but not fully cut. Plus ford is a goof and i dont trust a word he says…
Power sector is certain to be saved from bankruptcy if somehow that was threatened. Sure, increasing export tariffs to 100% or 200% is a better response than cutting them off.
Overall export tariffs is the best option to raise revenue without adding to inflation for Canadians.
