• Sign up for the Daily Digest E-mail
  • Facebook
  • X
  • LinkedIn

BOE Report

Sign up
  • Home
  • StackDX Intel
  • Headlines
    • Latest Headlines
    • Featured Companies
    • Columns
    • Discussions
  • Well Activity
    • Well Licences
    • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts/Data
    • CAOEC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
    • Data
      • Canada Oil Market Data
      • Canada NG Market Data
      • USA Market Data
      • Data Downloads
  • Jobs

Ontario, Saskatchewan sign agreement to free up trade ahead of meeting with Carney

June 2, 20256:42 AM The Canadian Press0 Comments

SASKATOON – Ontario and Saskatchewan signed an agreement Sunday to remove trade barriers ahead of a meeting with Prime Minister Mark Carney to hash out a plan they hope will supercharge the economy.

The memorandum of understanding sees both provinces mutually recognize each other’s goods, workers and investment. They are also working to advance measures that would see willing provinces allow the sale of alcohol directly to consumers.

Ontario Premier Doug Ford told reporters the move helps grow provincial economies as U.S. President Donald Trump threatens more tariffs on Canadian steel.

“We’re going to band together,” Ford said. “We’ve never been attacked by any leader in the world like we have by President Trump. He doesn’t give two hoots about Canada.

“(But) he’s going to have a rude awakening. We’re going to fight like we’ve never fought before.”

It’s Ford’s latest deal with a province to open trade, measures he says could unlock $200 billion in economic gains.

The premiers are meeting Monday with Carney to discuss major nation-building projects that could boost the economy.

Ford said the prime minister needs to remove regulations to make it easier to build projects. That includes scrapping the Impact Assessment Act, he said.

“It all depends on the speed right now (in getting projects built),” Ford said.

Saskatchewan Premier Scott Moe said he’s hoping for a port-to-port corridor in Western Canada to ship more goods out of northern B.C. and Hudson Bay in northern Manitoba.

“It’s the largest single opportunity that I’ve seen in my lifetime,” Moe said.

“All we need to do is come together, and then stand by side by side and defend the opportunities we have from a trade perspective. Defend them like hell.”

Building more oil and gas pipelines must be part of Canada’s future, Moe added.

“If we truly are going to become the strongest economy in the G7 nations, if we truly are going to become a global energy superpower, it means we need to open up the opportunity for all of our industries,” Moe said.

“I think (Carney) is aware that there’s a feeling of alienation in certain areas of the nation.”

Both Alberta and Saskatchewan have long had grievances with former prime minister Justin Trudeau, who they say made it difficult for the industry to build energy projects.

Alberta Premier Danielle Smith has said more pipelines are the only way to get more products to market efficiently and without one, there could be a national unity crisis.

She has called on Carney to scrap the oil and gas emissions cap and clean electricity regulations, repeal industrial carbon pricing and overhaul regulations.

But getting a pipeline through Quebec might be difficult.

The province had opposed the former Energy East oil pipeline from Alberta and rejected the GNL Quebec project in Saguenay in 2021. However, Quebec Premier FranÇois Legault said last month he’s open to some projects.

Ford said all provinces must be on the same page for any pipeline to move forward.

“I hope (Legault) is going to bring a pipeline through,” he said. “Last time I checked, Quebecers drive cars, they need gas.”

This report by The Canadian Press was first published June 1, 2025.

Energy East

Follow BOE Report
  • Facebook
  • X
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • ConocoPhillips Makes Application to Cease to Be a Reporting Issuer in Canada
  • Chevron wins Exxon case but loses time, oil and billions
  • US natgas prices edge up to 3-week high as heat boosts air conditioning use
  • US drillers add oil/gas rigs for first time in 12 weeks, Baker Hughes says
  • Saturn Oil & Gas Inc. Announces Release Date for Q2 2025 Results and Provides Conference Call / Webcast Details

Return to Home
Alberta GasMonthly Avg.
CAD/GJ
Market Data by TradingView

    Report Error







    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    • Editorial Policy
    Resources
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contact
    • Report Error
    BOE Network
    © 2025 Stack Technologies Ltd.