• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Stock

Ontario cancels internet deal with Musk’s Starlink as part of U.S. tariff fight

by July 31, 2025
written by July 31, 2025

The Canadian province of Ontario has canceled a C$100 million ($68.12 million) satellite high-speed internet contract with Elon Musk’s company Starlink, following through with a vow by the province’s premier to cut ties in retaliation for U.S. tariffs imposed on Canada.

Stephen Lecce, Ontario’s minister of energy and mines, confirmed the cancellation of the contract for internet services at an unrelated news conference in Toronto on Wednesday. Lecce, who oversees broadband connectivity in Canada’s most populous province, didn’t say how much the termination would cost.

“I can confirm that the premier has fulfilled his word, which is to cancel that contract because of the very reasons he cited in the past,” Lecce said. “We are standing up for Canada.”

Under the terms of the deal, which Ontario signed last November, Starlink was to provide high-speed internet access to 15,000 eligible homes and businesses in more remote communities.

In February, Ontario Premier Doug Ford threatened to end the agreement with Starlink in response to U.S. President Donald Trump imposing tariffs on Canadian goods. He later postponed the cancellation after Trump agreed to a 30-day pause on tariffs.

SpaceX, Starlink’s parent, did not immediately respond to a request for comment.

Musk headed Trump’s drive to shrink the federal government and was a close ally before falling out with the president.

Canada and the U.S. are working on negotiating a trade deal by August 1, the date Trump is threatening to impose a 35% tariff on all Canadian goods not covered by the U.S.-Mexico-Canada trade agreement.

Earlier this week, Canadian Prime Minister Mark Carney said talks were at an intense phase while reiterating that a deal that would remove all U.S. tariffs was unlikely.

Lecce said Ontario has taken other measures against the U.S., including restricting the ability of U.S. companies to bid on provincial government contracts, removing U.S.-made alcoholic beverages from store shelves and working to decouple the province’s energy sector from the U.S.

This post appeared first on NBC NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
White House responds to ‘Rocket Man’ and North Korea’s threats over denuclearization
next post
Schiff decries Bove’s confirmation as ‘corruption’ despite DOJ referral into his own mortgage dealings

related articles

YouTube to pay $24 million to settle Trump...

October 1, 2025

Charlie Javice sentenced to 7 years in prison...

October 1, 2025

Video game maker Electronic Arts to be acquired...

October 1, 2025

Nearly 200,000 BMWs recalled over potential fire risk

September 30, 2025

Trump says U.S. will impose new tariffs on...

September 29, 2025

Former Fed chairs warn that removing Lisa Cook...

September 27, 2025

Amazon to pay $2.5 billion to settle FTC...

September 27, 2025

The charm of watching movies in theaters is...

September 25, 2025

Ben & Jerry’s co-founder resigns, claiming parent company...

September 18, 2025

LimeWire acquires Fyre Festival, asking ‘What Could Possibly...

September 17, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • NextNav Stock Price, Forecast, and Latest News

    September 20, 2024
  • ApeCoin and Akita Inu: Akita Inu is testing last week’s low

    July 31, 2024
  • EU weighs $840 billion plan to ‘rearm Europe’ after US pauses Ukraine aid

    March 4, 2025
  • Why ‘wardrobing’ retail fraud soars in the summer

    August 8, 2024
  • Democrats’ furor over ‘unqualified’ Trump nominees puts Biden’s staffing decisions back in the spotlight

    November 15, 2024

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,247)
  • Investing (634)
  • Stock (935)

Latest Posts

  • SCOOP: Blue state Republican could oppose Trump tax bill over Medicaid changes

    June 28, 2025
  • Garth Brooks, Trisha Yearwood’s friendship with President Carter spanned years: ‘They’ve inspired us’

    January 10, 2025
  • White House reveals Biden’s final list of clemency for nearly 2,5000 people, setting new presidential record

    January 18, 2025

Recent Posts

  • Trump battles John Bolton, Chris Christie and threatens to pull funds from Wes Moore’s Maryland

    August 26, 2025
  • White House website praises lifetime Supreme Court appointments as Biden pushes term limits

    July 30, 2024
  • Hegseth to look into ‘what went wrong’ in Afghanistan and pledges accountability, slams diversity motto

    February 8, 2025

Editor’s Pick

  • DAVID MARCUS: Why Trump 2.0 is the beginning of history

    February 5, 2025
  • Former Republican U.S. senator endorses Kamala Harris, says election offers ‘stark choice’

    September 26, 2024
  • Trump skips federal court hearing Thursday, pleads not guilty to charges in Jack Smith’s election case

    September 5, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock