Any Canadian response to U.S. tariffs will be regionally fair and equitable and not single out Alberta, Canada's main oil-producing province, Canada's Energy and Natural Resources Minister Jonathan Wilkinson said on Wednesday.
Canada's Energy and Natural Resources Minister Jonathan Wilkinson said on Wednesday any response to U.S. tariffs would be regionally fair and equitable and would not target Alberta, Canada's main oil-producing province.
Canada's federal government has assured Alberta that it will not bear a disproportionate burden of any retaliatory tariffs imposed in response to potential US import levies.
With a decision on oil imminent, the U.S. President repeated his three reasons for imposing tariffs: illegal migration, fentanyl smuggling across the border and imbalances on trade
Canada’s Foreign Minister Melanie Joly warned that proposed U.S. tariffs could force America to rely on Venezuelan oil imports, as tensions escalate ahead of President Donald Trump‘s planned 25% levy on Canadian goods starting Feb.
The focus on American prosperity and national security is the latest pivot by Canadian officials as the country tries to find its footing with the new Trump administration, and - more urgently - avert the threat of blanket 25% import tariffs imposed by the US, its largest trade partner and closest ally.
The fate of North American oil flows is up in the air as US President Donald Trump reportedly confirmed he will slap 25% tariffs on Canadian and Mexican goods as previously promised, though he left the door open to leave crude off the list.
Companies, consumers and farmers across North America braced on Friday for U.S. President Donald Trump to impose 25% tariffs on Canadian and Mexican imports within hours, moves that could disrupt nearly $1.
Trump said he would likely decide by the end of the day Thursday whether to put a 25 per cent tariff on Canadian oil imports that would take effect on Saturday.
About $40 billion (CND) in critical minerals cross the Canada-U.S. border each year, according to Accelerate, an industry alliance advocating for Canada’s EV supply chain. That includes billions in copper, nickel and aluminum, and growing volumes of other metals vital to the automotive, defence and energy sectors.
Alberta is an energy powerhouse for Canada and the world. From critical minerals to oil and gas to net-zero petrochemicals to renewable energy, biofuels and hydrogen, Alberta's natural resource sector creates thousands of jobs and drives economic opportunities for its workers and businesses.
The Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, on behalf of the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, will make an announcement about clean innovative technologies for the mining sector in Canada.