JOURNAL ARTICLE

Ontario Raises Electricity Price by 25% for Minnesota, Michigan and New York.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Shin, Melissa 3 of 3

Abstract

Ontario has increased electricity prices by 25% for Minnesota, Michigan, and New York in response to President Trump's tariffs on Canadian goods. Premier Doug Ford expressed regret over the decision, attributing it to Trump's actions. While the move may be symbolic, Ontario expects to earn significant revenue from the surcharge, which will be used to support local workers, families, and businesses. The affected states rely on Canadian electricity imports to varying degrees, with New York being the largest importer. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/03, pN.PAG
  • Document Type:Article
  • Subject Area:Power and Energy
  • Publication Date:2025
  • Accession Number:183580029
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