As a reminder, this was not earth-shattering as Minnesota and Michigan imported about 1% of its power from Canada in 2024, and less than half of that came from Ontario, according to the region’s grid operator, Midcontinent Independent System Operator. New York imported about 4.4% of its total electricity from the country in 2023, according to Bloomberg calculations.
https://www.zerohedge.com/markets/loonie-tumbles-trump-retaliates-against-ontarios-electricity-tariff
As a reminder, this was not earth-shattering as Minnesota and Michigan imported about 1% of its power from Canada in 2024, and less than half of that came from Ontario, according to the region’s grid operator, Midcontinent Independent System Operator. New York imported about 4.4% of its total electricity from the country in 2023, according to Bloomberg calculations. https://www.zerohedge.com/markets/loonie-tumbles-trump-retaliates-against-ontarios-electricity-tariff
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Stocks Jump As Ontario Folds, Suspends Electricity Surcharge After Talk With White House
...to discuss a renewed USMCA ahead of the April 2 reciprocal tariff deadline.
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