• Alberta feels the diesel squeeze, as report says inflation could spread beyond the pump

    Source: Alberta - Edmonton Journal (Legislature & Capital)
    Date: 2026-10-08 11:00:51.0
    Tags: [Alberta, Economy, Energy, Trade, Transportation]

    Diesel prices in Canada have surged by an average of 70 per cent since January—reaching up to 81 per cent higher for Vancouver truckers tracked by Kalibrate—driven by tightened global supplies, Russian export restrictions, and Chinese export suspensions. Industry analysts from CIBC Capital, Scotiabank Economics, and ATB Financial warn that sustained high diesel costs threaten to spread generalized inflation into food and shelter prices within 12 to 18 months. Cross-border carriers such as 520 Transport Ltd. in Lethbridge and local operators like Constable's Towing in Airdrie report severe operational cost pressures, further compounded by cross-border tariffs and potential U.S. diesel export restrictions.

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  • Alberta counts the cost of a border with Canada, as the referendum nears

    Source: Alberta - Edmonton Journal (Legislature & Capital)
    Date: 2026-09-25 14:42:50.0
    Tags: [Alberta, Economy, Trade, Energy, Governance, Agriculture]

    Ahead of an October 19 referendum on Alberta separation from Canada, studies commissioned by the Calgary Chamber of Commerce and the province outline severe economic risks, including $50 billion to $170 billion in setup costs and potential losses affecting 330,000 jobs directly or indirectly supported by interprovincial trade. University of Calgary economist Trevor Tombe estimated that Alberta's trade with the rest of Canada supports 13 percent of the provincial workforce, while Ontario trades heavily with Alberta, supporting roughly 230,000 Ontario jobs and $34 billion in income. Proponents of separation, such as constitutional lawyer Keith Wilson of the Alberta Transition Council, argue that the province holds major leverage through critical energy exports like the Trans Mountain pipeline.

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  • Stephen Harper says Canada had 'no choice' but to walk away from U.S. trade talks

    Source: CBC Politics
    Date: 2026-09-15 23:39:51.0
    Tags: [National, Alberta, Trade, Economy, Energy, Resources]

    Former prime minister Stephen Harper endorsed the federal government's decision under Prime Minister Mark Carney to walk away from trade negotiations with the United States and implement counter-measures and tariffs. Speaking at the Canada Investment Summit in Toronto, Harper stated that Canada had no choice in order to protect its separate sovereignty from an increasingly hostile U.S. administration. Harper, serving as chair of the Alberta Investment Management Corporation, emphasized the urgent need for Canada to reduce economic dependence on the U.S., accelerate major resource and energy projects, fast-track oilsands project approvals, and reform regulatory and permitting processes to attract private investment.

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  • Canada's oil windfall may yet wipe out its losses from tariffs

    Source: CBC Politics
    Date: 2026-09-13 08:00:00.0
    Tags: [National, Alberta, Newfoundland and Labrador, Trade, Energy, Economy]

    U.S. President Donald Trump's imposition of tariffs affecting approximately $27.6 billion in Canadian products—costing Canada's GDP an estimated 0.5 per cent ($10 billion to $20 billion annually)—may be fully offset by a surge in global oil prices topping $100 US per barrel. Driven by ongoing Middle East conflicts involving Iran and Houthi rebel attacks on Saudi energy infrastructure including the Petroline pipeline, Brent crude has reached nearly $110 US per barrel, generating windfall profits for the Canadian oil industry and bolstering government revenues. Specifically, Alberta has reversed a projected $9.4-billion deficit into a $2-billion surplus, Newfoundland and Labrador anticipates an additional $500 million in coffers, and federal corporate and personal income taxes stand to gain roughly $2 billion for every $10 increase in the price of a barrel of oil.

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  • Trade war, Alberta referendum loom large as Carney charts cabinet's year forward

    Source: CBC Politics
    Date: 2026-09-10 10:00:00.0
    Tags: [National, Alberta, Trade, Economy, Energy, Governance]

    Prime Minister Mark Carney's cabinet is holding a two-day planning forum in Banff, Alberta, to address an escalating cross-border trade war with the United States and prepare for an upcoming Alberta provincial referendum concerning potential separation from Canada. The U.S. administration implemented retaliatory tariffs of 50 per cent on Canadian products such as mattresses and motorboats, alongside upcoming bans on alcoholic drinks, dairy products, and motorcycles, following Ottawa's imposition of retaliatory tariffs on over $27 billion worth of U.S. imports. Finance Minister François-Philippe Champagne and other federal officials are assessing the economic fallout, while the federal government continues its strategic pivot to reduce reliance on the U.S. market and bolster international trade partnerships.

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  • Federal Finance Minister says Alberta is ‘front and centre’ in Canada’s growth amid trade war

    Source: Alberta - Edmonton Journal (Legislature & Capital)
    Date: 2026-09-09 21:47:12.0
    Tags: [National, Alberta, Trade, Economy, Energy]

    Federal Finance Minister François-Philippe Champagne stated during an Edmonton Chamber of Commerce event that Alberta is central to Canada's national growth amid ongoing international trade disputes. The comments follow executive orders issued by United States President Donald Trump that ban specific Canadian goods, including alcoholic beverages, dairy products, and motorcycles, while imposing 50 per cent tariffs on additional exports. Champagne emphasized that Canada's retaliatory countermeasures are proportionate, strategic, and targeted to protect domestic workers and industries while maintaining energy partnerships and pursuing trade diversification. Meanwhile, Alberta Premier Danielle Smith cautioned against trade escalation, advocating for diplomatic engagement with American leaders, congressional officials, and governors to preserve fair and free cross-border trade.

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  • Elbows up or down? Why Alberta is diplomacy-first in the trade war

    Source: CBC Politics
    Date: 2026-09-06 08:00:00.0
    Tags: [Alberta, National, Trade, Economy, Energy]

    Alberta's senior representative to the United States, Nathan Cooper, asserts that Premier Danielle Smith's diplomacy-first approach to the Canada-U.S. trade dispute has resulted in a disproportionately low tariff impact on the province's economy. Unlike other jurisdictions such as Ontario, which have implemented aggressive rhetoric or retaliatory measures like export levies and alcohol import bans, Alberta has maintained an open stance on U.S. alcohol imports. This cooperative position has fostered greater responsiveness from American officials toward Alberta's economic and energy interests, despite contrasting domestic pressures regarding retaliatory trade policies and provincial political debates.

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  • Danielle Smith rejects taxing oil exports, pushes increased diplomacy efforts with U.S.

    Source: Global News Politics
    Date: 2026-08-27 00:36:23.0
    Tags: [Alberta, National, Trade, Energy, Economy]

    Alberta Premier Danielle Smith publicly rejected proposals to tax oil exports to the United States amidst escalating trade tensions, advocating instead for increased diplomatic engagement. Smith emphasized that the United States possesses the economic leverage to severely impact Canada's energy sector and warned that retaliatory trade measures could disrupt critical energy supply chains and harm national economic stability.

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Articles Deemed Relevant: 1656

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