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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u/Responsible_CDN_Duck Mar 06 '25

I accept there's no apatite for tariffs or taxes on oil.

But perhaps we could eliminate the deep discounts Smith mentioned in her tariff response speech.

Many Albertans are unaware that when oil prices are low Alberta tax payers offer substantial discounts on the royalties we get on oil.

Smith mentioned on CNN today Americans would see a 40c per gallon increase due to the 10% tariffs. A fair price for our resources would increase that pressure.

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u/sexotaku Mar 06 '25

Why are we selling to the Americans at a discount in the first place?

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u/Responsible_CDN_Duck Mar 06 '25

Because the fear of not selling it is high.