Alberta Oil Export Tax ‘Not a Viable Option’ as Canada-U.S. Trade Tensions Escalate: Smith
Smith says Alberta will support businesses instead of taxing oil exports, as the province creates a new response committee and explores new energy markets.
- Alberta Premier Danielle Smith formed a new cabinet committee on Thursday to address U.S. tariff impacts, launching an online portal and concierge service for affected businesses.
- Smith rejected calls to use energy exports as retaliation, warning that taxing oil shipments could devastate the Canadian economy and trigger retaliatory fuel cuts from Washington.
- Canada exports roughly four million barrels of oil daily to the United States; restricting flows would encourage U.S. refineries to source heavy crude from Venezuela instead.
- Ottawa announced a $7.5 billion support package, with $1.5 billion added to the Regional Tariff Response Initiative, while Smith urged officials to "double down on diplomacy with U.S. lawmakers and governors."
- Smith identified a proposed oil pipeline to southern British Columbia as a priority, with Oct. 1 marked as a key date for interim approval toward a September 2027 final target.
16 Articles
16 Articles
Alberta Premier Rejects Using Oil as a Weapon Against Trump
Alberta’s Premier Danielle Smith has rejected the idea of slapping export taxes on crude oil exports to the United States in retaliation for the Trump administration’s tariff salvo against Ottawa, saying they would be damaging to Canada. “Although I understand the need to respond strongly to these tariffs, I cannot think of a more disastrous policy decision than cutting off or taxing Alberta’s oil to the United States,” Smith said as quoted by G…
Threatening U.S. 'feels good' but would have negative outcome: Alberta premier
Alberta Premier Danielle Smith says Canada has to expect an 'equal' and 'even more forceful' response from the U.S. to proposed Canadian counter-tariffs. Smith encouraged other premiers to 'ask themselves do we really want this outcome.'
Smith Rejects Tariffs on Alberta Oil Exports as Some Premiers Call for More Aggressive Retaliation Against US
Alberta Premier Danielle Smith says she is preparing provincial measures to help businesses weather the ongoing Canada-U.S. trade war while rejecting calls to impose tariffs or export taxes on Alberta’s oil and natural gas in response to U.S. tariffs. Smith argues that Canada should avoid a broader trade war, de-escalate tensions with Washington, and diversify its energy markets, while supporting businesses affected by U.S. tariffs. Her comments…
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