There’s such a thing as cutting off your nose to spite your face, and the tariff war between Canada and the US is beginning to look like a case in point.
On Monday, the premier of Ontario, Doug Ford announced a 25 per cent surcharge on electricity exports to the US, with 1.5 million households and businesses in New York, Michigan and Minnesota likely to be impacted.
Trump responded with all-caps outrage, raising the March 12 tariff on steel and aluminium coming into the United States from Canada from 25 to 50 per cent — a threat that would mean curtains for Ontario’s auto sector. How, asked the US president, could Canada stoop so low as to use electricity, that so affects the life of innocent people, as a bargaining chip and threat?
Well, if the Ontario automotive industry dies, it’ll cost innocent people a lot more than an extra $100 per month on their energy bill.
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