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The president says the U.S. doesn’t need anything from Canada. Exports say otherwise.

August 26, 20264:08 PM The Canadian Press0 Comments

OTTAWA - "WE DON'T NEED CANADA, THEY NEED US!" U.S. President Donald Trump's social media post this week was a continuation on a theme he's maintained throughout the trade war: that his country doesn't need anything from Canada. Experts — and exports — say that's not the case. Ontario Premier Doug Ford has urged the federal government to use some exports as leverage at the negotiating table — and after Trump's latest escalation, he called on Prime Minister Mark Carney to cut off the supply [Read more]

Fact File: U.S. could inflict pain on Canada through energy trade

August 26, 20262:40 PM The Canadian Press0 Comments

CALGARY - A post this week from U.S. President Donald Trump on his Truth Social platform included an implied threat to energy products flowing into Canada from south of the border. Though Canada is by far an overall bigger supplier to its southern neighbour than the other way around, there are some regions of the country that would be hit hard in the event of a U.S.-initiated disruption. THE CLAIM Trump began his Monday post by insulting Ontario Premier Doug Ford, who had lashed out at the [Read more]

Enbridge Imperial Oil Shell Suncor

Federal Industry Minister Joly tight-lipped on leveraging Alberta energy with U.S.

August 26, 202611:57 AM The Canadian Press0 Comments

CALGARY - Canada's industry minister is deflecting questions about whether the country will use Alberta's abundant energy exports as leverage in the tense trade war with the United States. Mélanie Joly, pressed by reporters in Calgary over whether oil and gas shipments may be on the table, isn't tipping Ottawa's hand. Joly says the federal government doesn't negotiate in public and that she trusts Prime Minister Mark Carney to lead the country's approach. Talks between the two countries [Read more]

N.B. to review ban on fracking amid U.S. tariffs, premier says

August 26, 202611:43 AM The Canadian Press0 Comments

FREDERICTON - New Brunswick Premier Susan Holt says her government is launching a review of the province's long-standing ban on hydraulic fracturing. The Liberal premier says the review of the 2014 ban on fracking is part of her government's work to explore ways it can strengthen the provincial economy. Officials say the Liberal provincial government will consult First Nations communities, local governments, industry stakeholders and regular New Brunswickers. Holt backed the ban as [Read more]

Hydraulic Fracturing

Canada-U.S. trade tensions continue to escalate as Trump team defends tariffs

August 24, 20262:53 PM The Canadian Press0 Comments

WASHINGTON - Members of the Trump administration on Monday fanned across cable news stations and in front of crowds of loyal supporters to make the case for Donald Trump's latest tariffs on Canada as the president himself moved to escalate the trade war. Trump posted on social media that he intends to double tariffs on Canadian automobiles and auto parts to 50 per cent on Jan. 1. Later in the day he escalated that further, threatening to shut off the pipes which carry natural gas and oil from [Read more]

CP NewsAlert: Trump takes aim at Canadian energy flowing through U.S. in latest post

August 24, 202612:32 PM The Canadian Press0 Comments

WASHINGTON - U.S. President Donald Trump is taking aim at Canadian energy flowing through the United States in another escalation of his trade war with Canada. In a post on his Truth Social account Trump warns of "consequences" if Canadian officials didn't "fall in line." The post specifically calls out Ontario Premier Doug Ford, who earlier in the day told an Ontario radio talk show program that Trump could "kiss my ass" and said Ontario should leverage energy and critical minerals in trade [Read more]

Studies show year-round shipping potential from Port of Churchill

August 21, 202611:49 AM The Canadian Press0 Comments

WINNIPEG - Manitoba's premier says studies showing year-round shipping potential from the Port of Churchill boost the case for expanding the Arctic deepsea port. Wab Kinew says the studies address a key concern from shippers and will help attract investment. The studies suggest that advances in marine technology and declining sea ice due to climate change mean shipping can be greatly expanded from the current four-month window. They also show the waterways could be navigated year-round [Read more]

TSX edges lower as oil prices creep higher, U.S. stocks also negative

August 20, 20263:02 PM The Canadian Press0 Comments

TORONTO - Canada’s main stock index edged lower Thursday while U.S. markets also lost ground as geopolitical concerns sent oil prices higher. Uncertainty continues over the U.S. war with Iran and when oil tankers will once again be able to freely exit the Persian Gulf. U.S. President Donald Trump threatened Iran with “the MOST CRUSHING ECONOMIC OPERATION EVER TAKEN AGAINST ANY COUNTRY” late Wednesday but provided few details. The October crude oil contract was up US$2.44 at US$86.83 per [Read more]

N.S. premier says U.S. trade dispute a ‘wake-up call’ for economic diversification

August 20, 20268:41 AM The Canadian Press0 Comments

BANFF - Nova Scotia Premier Tim Houston says Canada’s trade dispute with the U.S. has been a wake-up call to diversify the province’s economy. Houston was responding late Wednesday to a potential Canada-U.S. trade deal from Banff, Alta., where he’s promoting energy projects at an industry conference. He said the dispute has taught the province it needs to develop more diverse trading partners for sectors like seafood and agriculture, though the U.S. market is still important. He said [Read more]

Trump boasts Keystone XL as trade talk win. It’s not clear it was ever off the table.

August 19, 20261:32 PM The Canadian Press0 Comments

OTTAWA - U.S. President Donald Trump boasted Tuesday about reviving the Keystone XL pipeline project, touting it as a win in trade negotiations with Canada. Trump posted on his Truth Social platform that Canada and the U.S. “have a DEAL!” “The great Keystone XL Pipeline, long ago killed by Sleepy Joe Biden, may be awoken from the grave!” he wrote. A subsequent post showed a rendering of the president yanking a pipeline out of the ground beside a tombstone labelled “buried by Biden” and [Read more]

Keystone XL TC Energy

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