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 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.
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.
Decision will be based on whether the price of oil charged by the two trading partners is fair, U.S. President says
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.
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.
Canada is ready to respond to tariffs from its top trade partner the United States on Monday if President-elect Donald Trump follows through on his threat to impose them, Foreign Minister Melanie Joly said on Friday.
Canada has proposed a deeper critical mineral alliance with the US in response to President Donald Trump threats to impose a 25% tariff on all Canadian imports. The initiative would pave the way for a "Fortress North America" strategy on uranium supply.
Canada wants its allies to explore a pricing floor for critical minerals to address what it views as market interference from China, the dominant supplier of metals key to the energy transition. Canada has been thinking about supporting investment through measures such as pricing floors to address alleged market manipulation,
Canada's Minister of Energy and Natural Resources said Canada's response to Trump's tariffs would focus on products in a way that hurts Americans more than Canadians.
Today, the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, announced an investment totalling close to $13.4 million to support made-in-Alberta technologies to reduce pollution while growing jobs and economic prosperity.
Canada’s outgoing prime minister and the leader of the country’s oil rich province of Alberta are confident Canada can avoid the 25% tariffs President Donald Trump says he will impose on Canada and Mexico on Feb.