Funny how Canada backed down on the Electricity price hike….

I think cooler heads prevailed there in our Northern neighbor…

 

The electricity market is such that the states could have, at least at this time, bought power from elsewhere,, making the price increase moot.

Canada needs to sell the power somewhere, as it is mostly hydropower, and turning off the turbines is a difficult task that can, in some cases, cause damage to them… They’d rather not do that.

 

They REALLY don’t wanna fight the US.

 

One thought on “Funny how Canada backed down on the Electricity price hike….

  1. I think they are finally realizing Trump is playing hardball, not backing down like previous administrations.

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