Manitoba's Response to U.S. Tariffs: Premier Kinew's Insights

Manitoba is not currently considering adopting a 25% surcharge on hydroelectricity exports to the United States, a stance made clear by Premier Wab Kinew. In a statement to the media, Kinew emphasized the importance of carefully evaluating such significant decisions regarding Manitoba Hydro, regarded as a key asset for the province.

His comments followed the announcement from Ontario Premier Doug Ford, who implemented a similar surcharge in response to U.S. tariffs on Canadian imports imposed by President Donald Trump. The Ontario surcharge will impact 1.5 million homes and businesses, particularly in Michigan, Minnesota, and New York, costing up to $400,000 per day.

Kinew highlighted that discussions are ongoing with Ontario to understand their decisions and that talks have also occurred with state leaders in the U.S. This collaboration underlines the seriousness of the issue at hand, revealing Manitoba's readiness to potentially use its hydroelectricity exports as a countermeasure against tariffs.

The Premier indicated that Manitoba Hydro has substantial investment plans, anticipating around $35 billion in expenses over the next two decades for maintenance and upgrades. This investment could attract businesses from nations interested in collaborating with Canada, while those less favorable might not be as welcomed.

Further complicating matters, the ongoing U.S. tariffs, including a 25% tariff on Canadian steel imports, are set to take effect, posing risks to jobs within Manitoba, such as those at the Gerdau steel mill in Selkirk. Kinew asserted the need to protect employment within the province.

Manitoba has already taken steps in response to U.S. tariffs, including the removal of American alcohol products from liquor store shelves and promoting Canadian goods through advertisements.

Kinew closed his statements by reaffirming that while the province has the option to impose a surcharge on hydroelectric exports, it remains focused on maintaining affordable rates for Manitoba residents as it navigates these challenges.

Manitoba, Tariffs, Hydroelectricity