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Gitane de Silva on CBC: Trump won’t back down from threats, expect more escalation (including auto tariffs) On energy as leverage? Don’t. Most oil Ontario and Quebec burn comes from Alberta through the U.S. or from the U.S. itself. Tariff it and you hit ON/QC first — the provinces... show more

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Former Alberta premier Jason Kenney says keeping energy leverage against the U.S. “in the PM’s back pocket” could help prevent escalation from Washington, noting Donald Trump quickly reversed course after tariffs on Canadian oil and potash imports.

Former Alberta premier Jason Kenney says keeping energy leverage against the U.S. “in the PM’s back pocket” could help prevent escalation from Washington, noting Donald Trump quickly reversed course after tariffs on Canadian oil and potash imports.

YEGWAVE

13,267 Aufrufe • vor 16 Tagen

Cut or tariff Canada's oil exports to the US? Horrible idea. Alberta Premier Danielle Smith does a fantastic jobs breaking it down: "I cannot think of a more disastrous policy decision than cutting off or taxing Alberta's oil to the United States." > US will respond with a 50%–100% tariff on fuels supplied to Ontario and Quebec. > US refineries would replace Alberta heavy crude with Venezuelan oil, cutting Canada off as a supplier permanently. > At least 500,000 jobs would be wiped out across Alberta, Ontario, and Quebec. > Retaliatory US cuts to gasoline and diesel exports would leave eastern Canada stranded without fuel right as fall and winter begin. > Canada has no reserves to supply Ontario and Quebec. > The Toronto Stock Exchange (TSX) would nose-dive, devastating Canadian investments, and pensions. What most Canadians don't seem to realize is that the current oil prices is generating substantial taxes for governments that softens the blow of the tariffs, and big portion of it comes from the US.

Cut or tariff Canada's oil exports to the US? Horrible idea. Alberta Premier Danielle Smith does a fantastic jobs breaking it down: "I cannot think of a more disastrous policy decision than cutting off or taxing Alberta's oil to the United States." > US will respond with a 50%–100% tariff on fuels supplied to Ontario and Quebec. > US refineries would replace Alberta heavy crude with Venezuelan oil, cutting Canada off as a supplier permanently. > At least 500,000 jobs would be wiped out across Alberta, Ontario, and Quebec. > Retaliatory US cuts to gasoline and diesel exports would leave eastern Canada stranded without fuel right as fall and winter begin. > Canada has no reserves to supply Ontario and Quebec. > The Toronto Stock Exchange (TSX) would nose-dive, devastating Canadian investments, and pensions. What most Canadians don't seem to realize is that the current oil prices is generating substantial taxes for governments that softens the blow of the tariffs, and big portion of it comes from the US.

Kirk Lubimov

531,698 Aufrufe • vor 18 Tagen

Carney's retaliatory tariffs appear to be already having an effect. " Japanese news outlet Nikkei is reporting Honda Canada is considering moving some production to the United States out of Canada" "Canada has hit back with a retaliatory tariff on car imports from the United States and as such, Honda will examine cutting back on the number of cars exported from the United States to Canada and gradually shifting to local production" That is a quote directly from the Japanese article. "Trump, Trump, Trump" to get him elected at what cost? Mark Carney

Carney's retaliatory tariffs appear to be already having an effect. " Japanese news outlet Nikkei is reporting Honda Canada is considering moving some production to the United States out of Canada" "Canada has hit back with a retaliatory tariff on car imports from the United States and as such, Honda will examine cutting back on the number of cars exported from the United States to Canada and gradually shifting to local production" That is a quote directly from the Japanese article. "Trump, Trump, Trump" to get him elected at what cost? Mark Carney

cbcwatcher

423,279 Aufrufe • vor 1 Jahr

U.S. businesses are bracing to take a hit from the tariffs Pres. Trump imposed on imports from Canada, Mexico and China. Americans could feel the first impact at the grocery store and at the gas pump. Elizabeth Schulze has more.

U.S. businesses are bracing to take a hit from the tariffs Pres. Trump imposed on imports from Canada, Mexico and China. Americans could feel the first impact at the grocery store and at the gas pump. Elizabeth Schulze has more.

World News Tonight

49,721 Aufrufe • vor 1 Jahr

Bob McNally of Rapidan Energy Group on CBC "I think Canada is fine and doesn't need to worry." "The Midwest of the United States takes most of the Canadian imports and that's pipeline locked." "Our refineries there are optimized to Canadian crude. They don't have other real sources. The pipelines flow from, you know, flow south, they don't come north" "...We're going to need a lot more oil than we thought and that means Canadian projects." "So if I were in Canada, I would not be at all worried about a recovery in Venezuelan oil production" Bob McNally

Bob McNally of Rapidan Energy Group on CBC "I think Canada is fine and doesn't need to worry." "The Midwest of the United States takes most of the Canadian imports and that's pipeline locked." "Our refineries there are optimized to Canadian crude. They don't have other real sources. The pipelines flow from, you know, flow south, they don't come north" "...We're going to need a lot more oil than we thought and that means Canadian projects." "So if I were in Canada, I would not be at all worried about a recovery in Venezuelan oil production" Bob McNally

cbcwatcher

58,627 Aufrufe • vor 8 Monaten

🚨 JUST IN: President Trump and UK PM Starmer just signed a MAJOR trade deal at the G7 in Canada It includes: ✅ $6 BILLION in new tariff revenue ✅ US tariffs on imports from UK raised to 10% ✅ UK tariffs on imports from US lowered to 1.8% ✅ $5 BILLION in new exports from the U.S. ART OF THE DEAL! 🔥

🚨 JUST IN: President Trump and UK PM Starmer just signed a MAJOR trade deal at the G7 in Canada It includes: ✅ $6 BILLION in new tariff revenue ✅ US tariffs on imports from UK raised to 10% ✅ UK tariffs on imports from US lowered to 1.8% ✅ $5 BILLION in new exports from the U.S. ART OF THE DEAL! 🔥

Nick Sortor

753,180 Aufrufe • vor 1 Jahr

Smith yesterday "So do you hope that Quebec will approve a new gas pipeline from Alberta like the one that is proposed by Marinvest?" "if there was a possibility for us to restart that conversation, I'd be open to it." "As you may know, Alberta Oil already comes to Quebec by way of line nine." "And then it gets put into a tanker and comes up to Quebec. It's part of the reason why I'm going to be able to fly home today, because aviation fuel from Alberta processed here is going to fill the plane that gets me back to my province." Danielle Smith

Smith yesterday "So do you hope that Quebec will approve a new gas pipeline from Alberta like the one that is proposed by Marinvest?" "if there was a possibility for us to restart that conversation, I'd be open to it." "As you may know, Alberta Oil already comes to Quebec by way of line nine." "And then it gets put into a tanker and comes up to Quebec. It's part of the reason why I'm going to be able to fly home today, because aviation fuel from Alberta processed here is going to fill the plane that gets me back to my province." Danielle Smith

cbcwatcher

60,466 Aufrufe • vor 3 Monaten

Trump proposed 10% #tariff on all U.S. imports, as well as a 60% #tariff on products from China... Mass layoffs... U.S. grocery prices increasing... Companies are eliminating holiday bonuses... More to come... We warned you, MAGA, and now you're in the FO of the #FAFO...

Trump proposed 10% #tariff on all U.S. imports, as well as a 60% #tariff on products from China... Mass layoffs... U.S. grocery prices increasing... Companies are eliminating holiday bonuses... More to come... We warned you, MAGA, and now you're in the FO of the #FAFO...

💛September💜Rayne🖤

51,008 Aufrufe • vor 1 Jahr

Winter’s back, and so is Quebec’s energy hypocrisy. Quebec relies on Alberta oil and gas, then receives equalization payments funded by the very industry it condemns. Meanwhile, Blanchett tells Alberta to “stop drilling” and “transition” our economy which is easy to say from a province with no production and plenty of revenue. Let’s have honest federalism: if you rely on Alberta energy, don’t vilify the people who produce it or the province that helps pay the bills.

Winter’s back, and so is Quebec’s energy hypocrisy. Quebec relies on Alberta oil and gas, then receives equalization payments funded by the very industry it condemns. Meanwhile, Blanchett tells Alberta to “stop drilling” and “transition” our economy which is easy to say from a province with no production and plenty of revenue. Let’s have honest federalism: if you rely on Alberta energy, don’t vilify the people who produce it or the province that helps pay the bills.

Shane Wenzel

87,640 Aufrufe • vor 9 Monaten

Raphael Melancon on CBC today: Quebec should threaten to cut off 'massive' hydro exports to the Northeast US as leverage against Trump Anchor Andrew Nichol: crickets — no pushback, no numbers, just elbows Here's the reality check, Raphael: Quebec's hydro exports to the entire US have been shrinking hard — down to ~13 TWh in 2023 from 25+ TWh earlier, and even lower recently due to low reservoirs. For New England, Quebec power was ~5% of net electricity use in 2024. For New York, Canadian imports (mostly Quebec) fell to ~3% or less lately, with periods of net exports the other way. Not "massive." Supplemental. Variable. And the new fancy lines (NECEC, CHPE) are still ramping up amid droughts and domestic Quebec demand Threatening to flip the switch would: 🔥Torch billions in Quebec revenue and contracts 🔥Hurt friendly state bridges (Vermont, Maine, NY, Mass.) that buy clean power 🔥Hand Trump a propaganda win ("Canada is cutting power to Americans!") 👩‍🦯Ignore that Trump love escalation, and Quebec's grid isn't an infinite battery This isn't bold strategy. It's the energy version of "let's burn our own leverage because it sounds so tough on teevee" Canada has real cards (critical minerals, auto integration, defense spending, etc.). Suggesting we sabotage a mutually beneficial clean energy relationship while reservoirs are low is peak unserious punditry CBC: next time, maybe ask the guest for actual data instead of letting it slide Brodie Fenlon 𝐑𝐚𝐩𝐡𝐚𝐞̈𝐥 𝐌𝐞𝐥𝐚𝐧𝐜̧𝐨𝐧 🤦‍♂️

Raphael Melancon on CBC today: Quebec should threaten to cut off 'massive' hydro exports to the Northeast US as leverage against Trump Anchor Andrew Nichol: crickets — no pushback, no numbers, just elbows Here's the reality check, Raphael: Quebec's hydro exports to the entire US have been shrinking hard — down to ~13 TWh in 2023 from 25+ TWh earlier, and even lower recently due to low reservoirs. For New England, Quebec power was ~5% of net electricity use in 2024. For New York, Canadian imports (mostly Quebec) fell to ~3% or less lately, with periods of net exports the other way. Not "massive." Supplemental. Variable. And the new fancy lines (NECEC, CHPE) are still ramping up amid droughts and domestic Quebec demand Threatening to flip the switch would: 🔥Torch billions in Quebec revenue and contracts 🔥Hurt friendly state bridges (Vermont, Maine, NY, Mass.) that buy clean power 🔥Hand Trump a propaganda win ("Canada is cutting power to Americans!") 👩‍🦯Ignore that Trump love escalation, and Quebec's grid isn't an infinite battery This isn't bold strategy. It's the energy version of "let's burn our own leverage because it sounds so tough on teevee" Canada has real cards (critical minerals, auto integration, defense spending, etc.). Suggesting we sabotage a mutually beneficial clean energy relationship while reservoirs are low is peak unserious punditry CBC: next time, maybe ask the guest for actual data instead of letting it slide Brodie Fenlon 𝐑𝐚𝐩𝐡𝐚𝐞̈𝐥 𝐌𝐞𝐥𝐚𝐧𝐜̧𝐨𝐧 🤦‍♂️

cbcwatcher

40,820 Aufrufe • vor 1 Monat

🇨🇦🍁 LOL! Alberta will hold a referendum to exit from Canada: "Should Alberta remain a province of Canada, or should the government of Alberta commence the legal process required under the Canadian Constitution to hold a binding provincial referendum on whether or not Alberta should separate from Canada?" — Premier of Alberta, Danielle Smith on the referendum in October, 19 "It's time to have a vote, understand the will of Albertans on this subject, and move on." — adds *Alberta is an oil-rich province, so they want to sell oil to the US directly, without Canada. What will be the Ottawa's response?

🇨🇦🍁 LOL! Alberta will hold a referendum to exit from Canada: "Should Alberta remain a province of Canada, or should the government of Alberta commence the legal process required under the Canadian Constitution to hold a binding provincial referendum on whether or not Alberta should separate from Canada?" — Premier of Alberta, Danielle Smith on the referendum in October, 19 "It's time to have a vote, understand the will of Albertans on this subject, and move on." — adds *Alberta is an oil-rich province, so they want to sell oil to the US directly, without Canada. What will be the Ottawa's response?

Lord Bebo

46,288 Aufrufe • vor 3 Monaten

CBC suddenly realizes that Venezuelan oil is a lot like Canada's and that American refineries are specifically built and modernized to refine Canadian heavy oil... and can easily pivot to oil from Venezuela CBC also realizing that Dave Eby and the US billionaire created "Coastal First Nations" non-profit is standing in the way to diversifying exports BTW CBC still has yet to do the story about the "Coastal First Nations" fiction David Eby Ellis Ross Brodie Fenlon

CBC suddenly realizes that Venezuelan oil is a lot like Canada's and that American refineries are specifically built and modernized to refine Canadian heavy oil... and can easily pivot to oil from Venezuela CBC also realizing that Dave Eby and the US billionaire created "Coastal First Nations" non-profit is standing in the way to diversifying exports BTW CBC still has yet to do the story about the "Coastal First Nations" fiction David Eby Ellis Ross Brodie Fenlon

cbcwatcher

599,077 Aufrufe • vor 8 Monaten

🇺🇸TRUMP BLASTS EUROPE’S ENERGY POLICY President Trump slams Europe for relying on wind power instead of U.S. energy: “They should be buying more from us… using the North Sea.” “They’re doing windmills.” “Windmills do ONE thing… put you out of business.” A direct hit on Europe’s green strategy — and a push for U.S. energy dominance. Boost the algorithm: Bookmark, Share, Reply, Repost, Like and Follow Mossad Commentary

🇺🇸TRUMP BLASTS EUROPE’S ENERGY POLICY President Trump slams Europe for relying on wind power instead of U.S. energy: “They should be buying more from us… using the North Sea.” “They’re doing windmills.” “Windmills do ONE thing… put you out of business.” A direct hit on Europe’s green strategy — and a push for U.S. energy dominance. Boost the algorithm: Bookmark, Share, Reply, Repost, Like and Follow Mossad Commentary

Mossad Commentary

12,824 Aufrufe • vor 5 Monaten

Alberta independence is increasingly being discussed in Washington through a national security lens. With recent U.S. action in Venezuela, it’s clear the modern Monroe Doctrine is about securing the hemisphere from hostile influence and stabilizing energy and security conditions. Alberta is a key part of that strategy. From the U.S. perspective, Alberta is a stable, democratic energy powerhouse held back by federal choke points that create vulnerabilities, including CCP influence operations targeting Canadian politics and criminal networks operating inside Canada. An independent Alberta aligns Alberta with U.S. priorities, including: ✅ Alberta independence removes CCP-influenced policy barriers to its energy exports ✅ Freeing the third largest oil reserve on Earth for global markets ✅ Stronger Alberta independence improves border security and reduces the flow of drugs and criminal activity into the U.S. ✅ Alberta becomes a reliable, sovereign energy partner aligned with U.S. security interests

Alberta independence is increasingly being discussed in Washington through a national security lens. With recent U.S. action in Venezuela, it’s clear the modern Monroe Doctrine is about securing the hemisphere from hostile influence and stabilizing energy and security conditions. Alberta is a key part of that strategy. From the U.S. perspective, Alberta is a stable, democratic energy powerhouse held back by federal choke points that create vulnerabilities, including CCP influence operations targeting Canadian politics and criminal networks operating inside Canada. An independent Alberta aligns Alberta with U.S. priorities, including: ✅ Alberta independence removes CCP-influenced policy barriers to its energy exports ✅ Freeing the third largest oil reserve on Earth for global markets ✅ Stronger Alberta independence improves border security and reduces the flow of drugs and criminal activity into the U.S. ✅ Alberta becomes a reliable, sovereign energy partner aligned with U.S. security interests

Rise Of Alberta

59,580 Aufrufe • vor 8 Monaten

Interesting exchange in the house between Blanchet and Carney. Blanchet doesn't like the accounting on the "tax credits" for clean energy Carney finishes with "The truth is that right now Quebec is using 350,000 barrels of oil a day, so carbon has to be captured for the production and transport of those barrels." Those are imported barrels of oil, mostly from the US, but it begs the question: does Carney expect Canadians to pay for the decarbonization of oil being imported from other countries now? An actual press might be bothered to ask Carney this and get a non babbled answer Mark Carney Yves-F. Blanchet 🎗⚜️

Interesting exchange in the house between Blanchet and Carney. Blanchet doesn't like the accounting on the "tax credits" for clean energy Carney finishes with "The truth is that right now Quebec is using 350,000 barrels of oil a day, so carbon has to be captured for the production and transport of those barrels." Those are imported barrels of oil, mostly from the US, but it begs the question: does Carney expect Canadians to pay for the decarbonization of oil being imported from other countries now? An actual press might be bothered to ask Carney this and get a non babbled answer Mark Carney Yves-F. Blanchet 🎗⚜️

cbcwatcher

162,752 Aufrufe • vor 10 Monaten

CBC reporter is bothered that US media is uninterested in Trump's tariffs on Canada "And you saw an example of that during this press conference in the Oval Office, where the President fielded, you know, several questions, more than a dozen or so, but there was really only 1, 2 questions about Canada and the tariffs." CBC needs to understand that Canada is not really a priority to the US media Julia Wong

CBC reporter is bothered that US media is uninterested in Trump's tariffs on Canada "And you saw an example of that during this press conference in the Oval Office, where the President fielded, you know, several questions, more than a dozen or so, but there was really only 1, 2 questions about Canada and the tariffs." CBC needs to understand that Canada is not really a priority to the US media Julia Wong

cbcwatcher

58,386 Aufrufe • vor 1 Monat

Ian Lee offers a wake-up call on Canada-US trade leverage: “Why don’t we Canadians tariff products that will hurt them, like potash, oil and gas?” “These are the natural resources. Natural resources are commodities. That means there’s a single price… Most of those natural resource commodities are a world price and you can source them… often from other countries around the world.” On size: “The totality of our exports, 400 billion going to the States is 1.5% of US GDP. And I don’t think anyone’s going to argue you can bring down any company or country because they lose 1.5%.” “Even if we eradicated all exports to the United States, it would affect 1.5% of US GDP.” “They’re so large at 32 trillion and we are relatively so small that we don’t have the leverage or the clout or the muscle… to inflict serious pain on the United States.” “This is arithmetic, this isn’t theory. The numbers do not support the idea that a 2 trillion economy can devastate a 32 trillion economy that can source from the rest of the world.” Commodities have world prices. Canada’s entire export book to the US is a rounding error on a $32T economy. That’s the constraint Sprott School of Business at Carleton University

Ian Lee offers a wake-up call on Canada-US trade leverage: “Why don’t we Canadians tariff products that will hurt them, like potash, oil and gas?” “These are the natural resources. Natural resources are commodities. That means there’s a single price… Most of those natural resource commodities are a world price and you can source them… often from other countries around the world.” On size: “The totality of our exports, 400 billion going to the States is 1.5% of US GDP. And I don’t think anyone’s going to argue you can bring down any company or country because they lose 1.5%.” “Even if we eradicated all exports to the United States, it would affect 1.5% of US GDP.” “They’re so large at 32 trillion and we are relatively so small that we don’t have the leverage or the clout or the muscle… to inflict serious pain on the United States.” “This is arithmetic, this isn’t theory. The numbers do not support the idea that a 2 trillion economy can devastate a 32 trillion economy that can source from the rest of the world.” Commodities have world prices. Canada’s entire export book to the US is a rounding error on a $32T economy. That’s the constraint Sprott School of Business at Carleton University

cbcwatcher

95,137 Aufrufe • vor 4 Tagen