- Canadian oil and gas producers fall after Donald Trump pledged big tariffs on imports from its neighbor on Monday
- The U.S. president-elect said he would impose a 25% tariff on imports from Canada and Mexico until they clamped down on drugs, particularly fentanyl, and migrants crossing the border
- Cenovus Energy, Imperial Oil, Suncor Energy and Canadian Natural Resources down between 1.1% and 2.9%
- Vast majority of Canada’s 4 million barrels per day (bpd) of crude exports go to the United States
(Reporting by Sourasis Bose in Bengaluru)