Canadian Energy Looks Outside North America

Canadian Energy Looks Outside North America

February 10, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--The Canadian energy sector is looking at ways to insulate itself from the prospect of sanctions imposed by the U.S., its top trading partner, according to provincial leaders and energy sector executives.

U.S. President Donald Trump had threatened to impose stiff taxes on imports from Canada and Mexico, ostensibly in response to border security issues. Receiving modest assurances, the U.S. president recently said he would suspend the implementation of tariffs for about a month.

Other companies featured: Trans Mountain Corporation and Suncor Energy Incorporated (NYSE:SU)

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