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Markets

Alberta Premier Rejects Energy Leverage in U.S. Trade Dispute

Published 27 August 2026

Alberta Premier Danielle Smith is urging Canada to avoid escalating the trade war with the United States by rejecting calls to use the province's energy exports as a bargaining chip. Speaking in Grande Prairie on Wednesday, Smith warned that imposing tariffs on or cutting off oil shipments to the U.S. would trigger devastating retaliation, potentially crippling the Canadian economy and costing hundreds of thousands of jobs. Smith's comments came as she responded to growing pressure from opposition figures, including Alberta NDP Leader Naheed Nenshi and former premier Jason Kenney, who have argued that Canada should keep all options on the table in its dispute with Washington.

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