Skip to content
Back to Guavy Wire
Commodities

Smith Stands Firm on No Oil Leverage in Trade War

Instruments
Oil
Share

Alberta Premier Danielle Smith has come under fire for not using oil and gas as a bargaining chip in the trade war between Canada and the United States. In an interview on Wednesday, she explained why this approach would be detrimental to Canada's economy.

According to Smith, if Canada were to use its oil and gas reserves as leverage, it could lead to retaliatory measures from other countries, causing a ripple effect that would harm the Canadian economy.

Smith emphasized that her government is taking a diplomatic approach to resolve the trade issues with the United States, and she believes that using oil and gas as a bargaining chip would only escalate tensions.

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