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Could Canada use oil as leverage against U.S. tariff threats?

Canada July 24, 2026 01:54 AM
Could Canada use oil as leverage against U.S. tariff threats?

Canada's premiers are talking about U.S. President Donald Trump's latest tariff threat at their annual meeting this week. Ontario Premier Doug Ford suggests Canada use potash and oil as leverage against the threat. However, Alberta Premier Danielle Smith says oil won't be used as a retaliatory measure. So, what's the next step for Canada, and where does Alberta fit in? Grant Sprague is the former Alberta deputy energy minister. He's now principal at Sprague Advisory Services.