Community meeting in Bangor Township discussing economic challenges and opportunities

Michigan Business News

Bangor Township Welcomes Vice President to Discuss Economic Vision

News Summary Vice President JD Vance recently visited Bangor Township, Michigan, addressing local manufacturing, economic challenges, and the importance of job creation. The visit included discussions about high housing costs, inflation, and the administration’s goals for improved consumer prices. Despite protests outside, Vance emphasized collaboration and the need for a

March 15, 2025 8:58 am

Illustration of power lines symbolizing energy trade between Ontario and the U.S.

Michigan Breaking News

Ontario Suspends 25% Energy Surcharge on U.S. Exports

News Summary The Ontario government has suspended a recently imposed 25% energy surcharge on electricity exports to the U.S. after Premier Doug Ford’s discussions with Governor Whitmer. The surcharge was initially designed as a response to U.S. tariffs on Canadian goods, which impact Ontario’s energy trade. Experts express concerns about

March 12, 2025 8:56 am

Symbolic image of electricity pylons representing trade tensions between Ontario and the U.S.

Michigan Business News

Ontario Implements 25% Electricity Surcharge on U.S. Exports

News Summary In response to U.S. tariffs on Canadian goods, Ontario’s Premier Doug Ford has announced a 25% surcharge on electricity exports to the United States. This significant policy change, affecting states like Minnesota, Michigan, and New York, could lead to increased utility costs for consumers across the border, with

March 11, 2025 9:00 am

Citizens discussing the Michigan House budget outside a legislative building

Michigan Breaking News

Michigan House Passes $20 Billion Spending Plan

News Summary On March 6, 2025, the Michigan House approved a $20 billion spending plan aiming to maintain essential state services amidst budgetary concerns. While the plan received quick bipartisan support, it faced criticism from Democrats for its rapid approval and substantial cuts to education funding, raising worries about the

March 8, 2025 9:53 am

City of Rochester Hills with automotive industry background

Michigan Business News

Rochester Hills Faces Economic Jitters from Tariffs

News Summary Rochester Hills, Michigan, is on edge as Mayor Bryan Barnett warns of potential economic consequences due to new tariffs imposed by President Trump. The 25% tariff on imports from Canada and Mexico poses a significant threat, particularly for the city’s auto industry that heavily relies on cross-border trade.

March 6, 2025 9:54 am

Overview of Michigan's industrial landscape affected by trade tariffs

Michigan Business News

Michigan Faces Economic Challenges Amidst New Tariffs

News Summary As Michigan prepares for the implications of a 25% tariff on imports from Canada and Mexico, the state’s economy worries about the detrimental effects on trade and pricing. The tariffs, aimed at addressing drug trafficking and the trade deficit, could disrupt the automotive industry and power supply, affecting

March 5, 2025 10:03 am

Hydroelectric power station in Ontario, Canada

Michigan Breaking News

Doug Ford Threatens Electricity Exports Amid Tariff Tensions

News Summary Ontario’s Premier Doug Ford has reacted to recent U.S. tariffs on Canadian goods by warning that electricity exports to states like Michigan may stop. This escalation in trade tensions could impact energy reliability and pricing for millions. Ford’s threats include introducing surcharges on electricity exports, raising concerns over

March 5, 2025 9:55 am

Graphic illustration representing Ontario trade tensions.

Michigan Business News

Ontario Premier Takes Bold Steps Against U.S. Trade Tensions

News Summary Ontario’s Premier Doug Ford has announced a 25% electricity surcharge on power exports to U.S. states in response to escalating trade tensions. Alongside this, he is removing U.S.-made liquor from Ontario’s alcohol distribution system and has canceled a contract with Starlink. The move signifies a strong stance against

March 5, 2025 9:51 am

A peaceful Michigan landscape symbolizing hope for unemployed workers

Michigan Business News

Michigan Experiences Decrease in Unemployment Claims

News Summary Recent data from the U.S. Department of Labor shows that initial filings for unemployment benefits in Michigan have decreased to 7,553 claims for the week ending February 22. This decline offers a glimmer of hope amid mixed national trends, as the overall U.S. claims have increased. New leadership

March 1, 2025 9:56 am