Smith Rejects Oil and Gas Leverage in Trade War
Alberta's Premier Danielle Smith has faced criticism for not using oil and gas as leverage in the trade war between Canada and the United States. Smith explained her reasoning on Wednesday, stating that using oil and gas as a bargaining chip would have severe consequences for Canada's economy.
According to Smith, if Canada were to use its oil and gas reserves as leverage, it would likely lead to a significant increase in tariffs imposed by the US, resulting in economic losses for Canada. Specifically, she mentioned that using oil and gas as a bargaining chip could have a 'cascading effect' on trade agreements between the two countries.
Smith's comments come amid growing pressure from some Alberta politicians to take a more aggressive stance in the trade war. Former Premier Jason Kenney has called for a tougher approach, while Smith has opted for diplomacy and continued trade talks with the US.