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The Manitoba government says it plans to direct revenue from a levy on crypto and large AI data centre operations to reducing hydro rates.
Finance Minister Adrien Sala said Thursday the government expects the measure to bring in about $20 million based on current crypto operations and AI data centres that use more than five megawatts of power.
Sala said this would translate into $50 a year in savings per ratepayer household.
The returns on the levy could, however, go down if crypto companies leave the province or go…
