Canada

Surcharge will generate up to $400K per day to be used for worker, business supports: province

Ontario is imposing a 25 per cent surcharge on all U.S.-bound electricity as part of its retaliatory measures against U.S. President Donald Trump's tariffs on Canadian goods.

The new levy took effect Monday and will add about $10 per megawatt-hour to the cost of power heading south, the province says. It will generate an estimated $300,000 to $400,000 per day, money that will be used to support workers and businesses hit by U.S. tariffs.