Alberta premier breathes sigh of relief as Trump delays tariffs, but threat still looms

Danielle Smith said she was pleased by Trump’s decision to withhold tariffs on Canadian goods

We appreciate the implied acknowledgement that this is a complex and delicate issue with serious implications for American and Canadian workers, businesses and consumers given the integration of our markets along with our critical energy and security partnership,” said Smith.

Leaders in Alberta’s energy sector are breathing a sigh of relief for now, but stress now is no time to be complacent, with the threat of future tariffs still looming.

“It’s obviously good news that trade won’t be disrupted right away, but I hope nobody takes this to mean everything going to be fine,” said Tim McMillan, a Calgary-based partner at Garrison Strategy with more than a decade of experience in oil and gas.

McMillan says he hopes the narrowly averted crisis spurs long-stalled progress on getting Canadian products to non-U.S. markets.

“As fearful as it has been for our nation that our largest export is reliant on one customer, there hasn’t been much urgency to fix this,” said McMillan, pointing to the cancellation of Northern Gateway, Energy East and other key projects.

Heather Exner-Pirot, a Calgary-based energy researcher and special advisor to the Business Council of Canada, says she agrees.

“I’ve never seen more public understanding of the importance of export pipelines in my entire career,” said Exner-Pirot.

“If we can stop making Alberta oil and gas a wedge issue, the next federal government will have license to move forward on these projects.”

“Instead of taxing our citizens to enrich other countries, we will tariff and tax foreign countries to enrich our citizens,” said Trump.

“(Expanding Trans Mountain) was the bare minimum,” said McMillan. “It gives us a little leverage, but almost nothing.”

He also said that Monday’s news was a vindication of Smith’s strategy of making the case for Canadian energy directly to Americans.

“I think Albertans are very pleased that the premier was proactive,” said McMillan. “There’s a strong argument to be made for the value of Canadian energy to American consumers, and she’s done a good job of making it.”

Smith has done a dozen U.S. television interviews since Trump threatened to slap new tariffs on Canada, according to her office. Several of these appearances have been on outlets that cater to right-leaning viewers, such as Fox News and Fox Business.

Her message appears to be getting at least some traction south of the border.

National Post
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