Ontario hits U.S. with power surcharge, deal with Canada to avoid oil tariffs 'possible'
Written by Emily J. Thompson, Senior Investment Analyst
Source: SeekingAlpha
Ontario's Electricity Export Surcharge: Ontario has implemented a 25% surcharge on electricity exports to the U.S. in retaliation for U.S. tariffs, potentially impacting 1.5 million homes and businesses in states like Michigan, Minnesota, and New York.
Government Response and Negotiations: The Ontario government is committed to using all available measures against U.S. tariffs, while U.S. officials indicate ongoing discussions with Canada may lead to a resolution regarding energy tariffs.
Analyst Views on BUI
Wall Street analysts forecast BUI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BUI is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 26.400
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Current: 26.400
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
