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Ford urges Smith to make use of oil export tax ‘trump card’ in opposition to U.S.: ‘They’ll lose their minds’

Ontario Premier Doug Ford is urging his provincial counterparts to ramp up retaliatory measures in opposition to tariffs imposed on Canadian items by President Donald Trump.

On Monday, Ontario positioned a surcharge of 25 per cent on electrical energy exported to 1.5 million properties in three U.S. states.

Particularly, Ford urged Alberta, which sends about 4 million barrels of oil per day to the US, to take a look at comparable strikes.

“A message to Premier (Danielle) Smith: sooner or later, I feel you might need to make use of that trump card and provides approval for an export tax,” he mentioned.

“You need to speak about a trump card? That may immediately change the sport, immediately, when the People — and I do know the People — rapidly their fuel costs go up 90 (cents) to $1 a gallon.

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“They’ll lose their minds, so we have to not less than put that within the window.”


Click to play video: 'Doug Ford urges Alberta’s Smith to use oil export tax as “trump card” against U.S.'

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Doug Ford urges Alberta’s Smith to make use of oil export tax as “trump card” in opposition to U.S.


Smith has mentioned Alberta must take motion, however she received’t curtail or impose counter-tariffs on oil and fuel shipments, because it may escalate retribution from the U.S. and harm Canadians.

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On Monday, she maintained her stance.

“Let me clear… Alberta won’t ever comply with such an absurd and self harmful thought,” Smith mentioned Monday in a press release posted to her social media. 

“It’s not an possibility. I’m not going to comply with do one thing that may value lots of of 1000’s of Albertans (and Canadians) their jobs nearly in a single day.”

Smith mentioned an export tax on oil and fuel “can be like putting export tariffs on Ontario auto components. Additionally a foul thought.”

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Smith continued to press for Alberta and the federal authorities to work collectively to strain Trump to vary course, however reiterated oil export taxes will not be on the desk.

Final week, Alberta joined different provinces and the federal authorities in pushing forward with commerce sanctions regardless of Thursday’s partial rollback from the White Home.


Click to play video: 'Alberta energy is Canada’s ‘secret weapon’ in fight against Trump tariffs, Smith says'

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Alberta power is Canada’s ‘secret weapon’ in combat in opposition to Trump tariffs, Smith says


Smith mentioned Alberta is not shopping for American liquor or VLTS, or signing contracts with American corporations. Alberta estimates $292 million in U.S. liquor merchandise had been bought within the province in 2023-24.

The Alberta authorities can also be seeking to prioritize purchases from Canadian corporations or corporations from international locations that don’t violate commerce agreements.

The tariff timeline back-and-forth confuses Canadians and People alike, Smith mentioned final week, and has solely led to unstable market shifts and funding uncertainty.

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She says Alberta will look to export extra oil and fuel to different international locations till U.S. President Donald Trump “comes again to actuality.”


Click to play video: '‘Won’t back down’: Doug Ford hits US with 25% electricity tax amid trade war'

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‘Received’t again down’: Doug Ford hits US with 25% electrical energy tax amid commerce conflict


Ford mentioned Ontario’s electrical energy surcharge will add an estimated $100 per 30 days to the typical payments of affected American ratepayers, and it’ll generate $300,000 to $400,000 in income for the province every day. Ontario will use that cash to cut back electrical energy payments for ratepayers within the province, Ford mentioned.

“Imagine me once I say I don’t need to do that,” Ford mentioned Monday at a press convention.

“I really feel horrible for the American individuals, as a result of it’s not the American individuals who began this commerce conflict. It’s one one who’s accountable — that’s President Trump.”

Ontario mentioned it may improve or lower the electrical energy surcharge quantity at any time in response to actions by the U.S. authorities.

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Ford’s declaration comes the identical week Smith and her Power Minister Brian Jean are in Houston, Texas to advertise Alberta as “the reply to long-term, world power safety” on the CERAWeek convention, one of many world’s largest power conferences. They’re set to fulfill with trade leaders and worldwide authorities officers, and converse on some panels.

— with recordsdata from the Canadian Press


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