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According to Global News, the government of Manitoba, Canada, has proposed to impose double electricity rates on cryptocurrency mining companies and data centers, and has suggested granting the government the right to cut off power to mining operations at any time during peak electricity usage. The reason given is that these businesses consume a large amount of electricity and contribute little to the local economy.
This move has been strongly opposed by mining operators, who say it will lead to the bankruptcy of many compliant companies. In recent years, several Canadian provinces have continued to tighten mining policies; Quebec has already implemented double electricity rates, and British Columbia has outright banned new mining connections.