Monday, August 4, 2025

Canada

The tariff rules being imposed on various countries are more complicated than they seem. One example is oil imported from Alberta, Canada and this amounts to 4 million barrels per day. There is a ten percent import tax on this but there is an exception which exempts most of the oil. If the oil meets the United States, Mexico, Canada Agreement (USMCA) standards there is no tariff. This means that the oil must all come from Canada and not be mixed with oil from another country. Alberta supplies 15% of Canada’s GDP. The people in Alberta are upset with Ottawa’s threat of retaliation against the US with tariffs. These is currently a referendum being offered to the people of Manitoba, Alberta, Saskatchewan and British Columbia to form a government separate from Ottawa. There are signs across the region saying: End Federal Injustice: Western Sovereignty - A Path to Autonomy

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