The Ontario government’s efforts to align IESO and the Ontario Energy Board to make the province an energy “superpower” was the dominant theme at the 2025 Ontario Energy Conference.

The Ontario premier said he would suspend the 25% tariff on electricity exports to the U.S. after speaking with Commerce Secretary Howard Lutnick and receiving threats of additional tariffs by President Donald Trump.

Ontario Premier Doug Ford followed through on a threat to implement a 25% tariff on electricity exports to the US, a response to President Trump's own 10% tariff that went into effect last week.