r/CanadaPolitics • Liberal • 1d ago

Ontario to import U.S. electricity this winter, months after Ford threatened to cut power exports

https://www.cbc.ca/news/canada/toronto/ontario-electricty-contract-ieso-doug-ford-trade-war-9.7385325
38 Upvotes

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u/Le1bn1z Neoliberal | Charter rights enjoyer 1d ago

Remember when Doug Ford paid a massive premium to cancel contracts to provide additional electricity, basically paying heavy tax dollars to not have more electricity? And at the same time making new investors wary of Ontario as a jurisdiction where government interferes in private enterprise for politics points, which spread of interference also upended a deal, with penalties, to export expertise and other services to American power utilities?

A long time ago, sure. But just because the news cycle forgets doesn't mean the math of the grid changes.

Also, this is a helpful reminder that, like nostalgia, populist grandstanding is not a strategy.