Doug Ford's threat to restrict electricity exports to the U.S. would fall especially hard on Buffalo and upstate New York, like Rochester."
It's a relatively cold time of the year and this is peak electricity season for upstate New York, so the price impact at the local level could potentially be substantial. If electricity is cut with little warning, there will be severe impacts on prices and electricity volume."
Although the amount of electricity imported over the Canadian border is a small part of the overall U.S. power supply, the transmission connections linking Canada and the United States are an important component of the electricity markets in northern states."
We're insulted, we're angry, but we're Canadian, which means we're gonna stand up for each other, we're gonna fight...and we're gonna win,
They only have President Trump to blame.
I hope it stops within the next few days … And I’m not just saying that,
Canada is not for sale.”
This is unnecessary, and we do have to retaliate, and I apologize to the American people. It’s not you, it’s your president that’s causing this problem,
Please explain to Governor Trudeau, of Canada, that when he puts on a Retaliatory Tariff on the U.S., our Reciprocal Tariff will immediately increase by a like amount!”
Right now, this is maybe abstract for Americans. But if these tariffs are put in place, it is going to hurt Americans... You are going to be putting tariffs, a tax, on the oil and gas and electricity that we sell you."
Tariffs also erode the gains from trade: we want the lowest cost generation resources producing to meet electricity demand across both countries. Tariffs may also distort the reliability benefits from having more dispatchable generation resources across both countries available to quickly adjust production to ensure that supply equals demand at every instant."
Today, the United States launched a trade war against Canada. Their closest partner and ally, their closest friend... At the moment, the U.S. tariffs came into effect in the early hours of this morning, and so did the Canadian response. Canada will be implementing 25 percent tariffs against $155 billion worth of American goods."
For the better part of two decades, Canada has exported significantly more electricity to the United States than it imported. However, in the fall of 2023, electricity trade between the two countries became more balanced."
A general reorientation away from the U.S. will take place now no matter what."
President Donald J. Trump is proceeding with implementing tariffs on Canada and Mexico under the International Emergency Economic Powers Act (IEEPA) to combat the extraordinary threat to U.S. national security, including our public health posed by unchecked drug trafficking ... President Trump continues to demonstrate his commitment to ensuring U.S. trade policy serves the national interest."
The value of what we have around us is based on the automotive industry. So if it were to collapse, that will collapse with it,
Every time I hear say something, I always find it's like 50-50 about whether it's actually true or not,
That is never going to happen,
You're literally breaking relationships,
If they want to go after our families, take food off our tables, and try to close our companies, we are going to fight like we've never fought before to protect Canada and to protect the people of Ontario,