Doug Ford retracts threats on Ontario’s electricity exports

Ontario Premier Doug Ford has retracted his earlier threats to impose a surcharge on electricity exports to the U.S. This change follows U.S. President Donald Trump's announcement of increased tariffs, which prompted Ford to seek a meeting with U.S. officials. Initially, Ford claimed that Ontario's electricity exports were crucial for American consumers, suggesting they could face higher bills. However, it was clarified that these exports do not directly power the homes he mentioned, reducing their perceived importance as a bargaining tool. Other Canadian provinces had considered using electricity exports as leverage in trade disputes, but Ford's retreat indicates that Ontario's exports may not hold the influence they were thought to have. The situation highlights the complexities of electricity trading between Canada and the U.S.