Sign Up for FREE Daily Energy News
Canadian Flag CDN NEWS  |  US Flag US NEWS  | TIMELY. FOCUSED. RELEVANT. FREE
  • Stay Connected
  • linkedin
  • twitter
  • facebook
  • youtube2
BREAKING NEWS:

Hazloc Heaters
Copper Tip Energy Services
Hazloc Heaters
Copper Tip Energy


Canada Says it Will Respond Robustly if U.S. Imposes Tariffs But Some Premiers are Unhappy With Ottawa’s Repsonse


These translations are done via Google Translate
freeland 1200x810 oct 11 2022
Canada Finance Minister Chrystia Freeland

 

Ottawa and the provinces will respond robustly if the incoming U.S. administration goes ahead with a promise to impose tariffs on imports from Canada, Finance Minister Chrystia Freeland said on Friday.

Prime Minister Justin Trudeau, Freeland and the 10 provincial premiers have held two phone calls recently to discuss how best to react if President-elect Donald Trump slaps a 25% tariff on U.S. imports from Canada.

“In the event that the United States were to impose unjustified tariffs on Canada, of course we would respond, and the Canadian response would necessarily be robust. I am confident that it would be effective,” Freeland told reporters.

Trump has said he will keep the tariffs in place until Canada clamps down on drugs and migrants crossing the border.

Bloomberg reported on Thursday that Canada was examining the possible use of export taxes on commodities including uranium, oil and potash.

GLJ
Tarco | Delivering Engineered Solutions
ROO.AI Oil and Gas Field Service Software

A Canadian government source said while all options for retaliation were on the table, ministers and officials were nowhere near taking any kind of decision.

Although Freeland said Ottawa and the provinces would need to present a united front, some provincial premiers are unhappy about the proposed response.

Scott Moe, premier of the western province of Saskatchewan, said export taxes “would be a complete betrayal” by the Trudeau government. Saskatchewan produces oil, uranium and potash, he noted.

“Export taxes on these commodities would be a self-destructive response to U.S. tariffs as they would only increase the harm to our economy and jobs,” he said in a post on the X social media network.

Alberta Premier Danielle Smith said her oil-producing province would “not support cutting off our Alberta energy exports to the U.S., nor will we support a tariff war with our largest trading partner and closest ally”.

(Additional reporting by David Ljunggren in Ottawa and Ryan Jones in Toronto; Editing by Rod Nickel)

Share This:




More News Articles


GET ENERGYNOW’S DAILY EMAIL FOR FREE