The Aporia
Bickis, I. (2026, October 15). Manitoba government to use crypto levy to reduce hydro rates. Toronto Star. https://www.thestar.com/news/canada/manitoba/manitoba-government-says-it-will-use-crypto-levy-to-reduce-hydro-rates/article_6948ebad-2144-5a5f-95ee-d10b6733c4d8.html
Bickis, Ian. “Manitoba government to use crypto levy to reduce hydro rates.” Toronto Star, 15 Oct. 2026, https://www.thestar.com/news/canada/manitoba/manitoba-government-says-it-will-use-crypto-levy-to-reduce-hydro-rates/article_6948ebad-2144-5a5f-95ee-d10b6733c4d8.html.
Bickis, Ian. “Manitoba government to use crypto levy to reduce hydro rates.” Toronto Star, October 15, 2026. https://www.thestar.com/news/canada/manitoba/manitoba-government-says-it-will-use-crypto-levy-to-reduce-hydro-rates/article_6948ebad-2144-5a5f-95ee-d10b6733c4d8.html.
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The Manitoba government plans to use revenue from a new levy on cryptocurrency operations to reduce residential hydro rates. Finance Minister Adrien Sala announced Thursday that the measure is expected to generate approximately $20 million based on current crypto activities, translating into about $50 in savings per ratepayer household annually. The initiative aims to alleviate financial burdens on residents by lowering their electricity costs directly through this new funding source.