Anxious times in Alberta’s oilpatch with potential Trump tariff hit just days away

Two black and red oil derricks are pictured in a field with snow.

Trump’s threats of widespread tariffs, and Canada’s threat of its own tariffs in response, has the potential to impact hundreds of thousands of jobs, ignite inflation pressures and bruise the financial health of many industries. In particular, Alberta and its oilpatch are in the crosshairs as energy is Canada’s largest export to the U.S., worth about $125 billion in 2023.

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