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Markets

Ford Threatens to Cut Electricity, Mineral Exports to U.S.

Published 24 August 2026

Ontario Premier Doug Ford escalated the trade war with the United States on Monday, August 24, 2026, threatening to cut off electricity and critical mineral exports if President Donald Trump continues to impose punitive tariffs on Canadian goods. The threat came hours after Trump responded to Ford’s earlier insults with a personal attack, marking a new low in the dispute between the two nations. Ford stated in an interview that "everything is on the table," including halting electricity shipments that power approximately 1.5 million American homes and businesses. He specifically warned that the U.S. would lose access to high-grade nickel and uranium processed in Ontario.

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