Skip to content
Back to Guavy Wire
Commodities

Joly Tight-Lipped on Using Energy Exports in Trade War with US

Instruments
Oil
Share

Canada's industry minister, Melanie Joly, is keeping mum on using Alberta's energy exports as leverage in the ongoing trade war with the United States. In a news conference in Calgary, reporters asked Joly if oil and gas shipments might be used to gain an upper hand in negotiations. She declined to comment, stating that the federal government doesn't negotiate in public.

Joly expressed confidence in Prime Minister Mark Carney's leadership in navigating the trade dispute, which has seen new tariffs imposed by U.S. President Donald Trump and counter-tariffs announced by Canada. Alberta Premier Danielle Smith has been vocal in her opposition to using energy exports as leverage, arguing that it would harm Canadians and deprive the country of revenue.

Joly maintained that Canada is in a strong position and aims to help businesses weather the economic storm. 'We have many cards in our hand and, of course, we have many hands to play,' she said.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc