Trump Threatens Higher Tariffs on Canada
Digest more
It’s “build, baby, build” versus “drill, baby, drill.” Prime Minister Mark Carney has promised to transform Canada into an “energy superpower.” His build-baby rallying cry for a construction boom even echoes U.
To borrow U.S. President Donald Trump’s style: ABSOLUTELY, we need more pipelines! Canada needs new oil and gas pipelines to tidewater. These projects are both politically and strategically vital, ranking among the most consequential nation-building initiatives the country can pursue.
A new oil pipeline to the British Columbia coast is highly likely to be included on a list of projects deemed to be of national importance to the Canadian government, Prime Minister Mark Carney told the Calgary Herald newspaper in an interview published on Sunday.
There were 10 additional oil-directed rigs in Canada this week and 1 additional gas-directed rig, bringing the week’s totals to 112 and 50, respectively.
US stocks mostly fell on Friday after President Trump threatened Canada with a 35% tariff on its imports to the US and floated higher blanket levies on most trading partners. The
The federal government, industry, and provinces are seizing the crisis to try and build more stuff more quickly - "build, baby, build" in the words of our prime minister - under the premise that it will help reduce dependency on an increasingly unpredictable neighbour.
Plans to build more oil and gas pipelines in Canada are picking up stream after the country's hydrocarbon powerhouse province Alberta signed a deal with Ontario, the nation's financial epicentre.
A tanker is headed to South Korea with a first shipment of liquefied natural gas from Canada, which hopes to reduce its export reliance on its neighbor.
President Trump is pushing through with his tariff agenda, unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August and a warning to BRICS nations.