From Top Electric.

Ontario, Canada’s economic powerhouse, is leading a bold pivot away from its historic reliance on the United States, driven by escalating U.S. tariffs on Canadian steel and aluminum, which soared to 50%. This strategic shift is epitomized by a $20 billion Volkswagen battery plant in St. Thomas, set to produce lithium-ion cells for over 1 million electric vehicles annually—all destined for Europe, bypassing the U.S. entirely. This deliberate move sidesteps volatile U.S. trade policies, aligning Ontario with Europe’s stable, climate-focused markets. The province is also wielding its energy grid as a weapon, imposing a 25% surcharge on electricity exports to U.S. border states like Michigan and New York, exposing America’s reliance on Canadian power. European investment is flooding Ontario’s clean energy and manufacturing sectors, with projects like a €500 million green hydrogen initiative in Thunder Bay signaling a new transatlantic focus. Canada’s pension funds are redirecting billions from U.S. markets to Europe, prioritizing predictability over proximity. Prime Minister Mark Carney’s state visit to Paris and a paused $19 billion F-35 deal with the U.S. underscore this realignment. Ontario’s actions could spark a broader Canadian shift, potentially reshaping North America’s economic and political landscape. As trade flows east and trust in the U.S. wanes, Canada is forging a path toward independence, challenging the notion of a unified North American bloc and raising questions about who will lead the continent’s future.

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