intercst
1 Like
Let’s see how long the 25% tariff on Canadian electricity to the US remains–until it is upped to 50% (or more).
It was reduced to zero yesterday.
DB2
1 Like
And then reversed again on steel and aluminum.
Haven’t heard about a second flip-flop. Do you have a link?
From the 11th:
Ontario Premier Freezes Plan to Slap Surcharge of Electricity Exports to US
https://www.usnews.com/news/world/articles/2025-03-11/ontario-premier-says-he-will-not-back-down-till-trumps-tariffs-are-gone
The premier of the Canadian province of Ontario said he was suspending plans to impose a 25% surcharge on electricity exports to the United States and would fly to Washington this week for talks with the Trump administration.
DB2
Flop, meet flip.
Anything that can be shipped by rail, Canada can sell to someone else, without being subjected to TIG’s abuse, threats, and jive. Only problem is getting the oil and gas out of the country. If they start laying pipe now, the line to Saint John can be done before TIGs current term is up.
Steve
3 Likes
Steve, Jerry asked about the price increase of Ontario electricity exports. I replied it had been reduced to zero. Is that still not the case?
DB2
This guy…
Tariffs or no tariffs, we will see peak “Buy Anything But American” for finished goods. Consumers in other countries have a growing animosity that won’t be changed easily nor quickly, even if tariffs are dropped.
3 Likes
Can’t be. In TIG’s world, everyone is purely „transactional“.
1 Like
As far as I know, Provincial Premier Ford is holding the power tax suspended. Meanwhile, Canada has imposed more tariffs at the national level.
When TIG was speculating in real estate, did he deal with very large contractors, or smaller operators, who could be bullied, without them pushing back?
Steve