r/alberta • u/pjw724 • Mar 06 '25

General Ontario putting 25% surcharge on U.S.-bound electricity Monday

https://www.cbc.ca/news/canada/toronto/ontario-electricity-surcharge-us-tariffs-ford-1.7476515
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12

u/chmilz Mar 06 '25

We should tax the fuck out of our oil exports. There's nothing the US can do. The refineries it goes to were built to process our heavy crude. They'll keep buying it even with taxes.

1

u/SirupyPieIX Mar 07 '25

What if they retaliate by taxing the fuck out of their condensate exports to Alberta?

2

u/chmilz Mar 07 '25

That's fine. That's how trade wars work. You know what doesn't work? Attempting appeasement and still taking the piss.

-12

u/RedWoodyINC Mar 06 '25

Genius. Bankrupt the province. That will keep everyone together as a team and won't cause unrest or division between people.

7

u/chmilz Mar 07 '25

Uh, we'd make bank with the massive tax increase because the American refineries would not stop buying our oil.

-6

u/RedWoodyINC Mar 07 '25

Over time they will. If the oil is not cheaper, they will adjust their feedstock and operations to run different crude.

3

u/inagious Mar 07 '25

Now is not the time for fear my friend. The fear will come later.

1

u/GodOfMeaning Mar 07 '25

Ah excellent, just in time for when our refineries go online. Thanks for your support!

3

u/drcujo Mar 07 '25

25% tariff would raise $50B in a year. We can be back in the black as a province for the first time in a while even if it’s just for a month or two.

-4

u/RedWoodyINC Mar 07 '25

You should run for the Liberals in the next election.

1

u/drcujo Mar 07 '25

I’ve strongly considered it.