Prime Minister Mark Carney says he does not believe Canada should use energy exports as leverage in trade talks with the United States, even as U.S. President Donald Trump threatens new tariffs on Canadian goods.
Speaking at a housing announcement in Red Deer, Alta., Carney said Canada’s priority is reaching a trade agreement before the proposed 50 per cent U.S. tariffs take effect on Aug. 19. He said the government has options if talks fail but would not discuss possible responses.
When asked if Alberta oil could be used as a bargaining tool, Carney said Canada must remain a reliable supplier.
“Canadians can be trusted,” he said. “I don’t see the value” in cutting off energy exports.
His comments differ from last week, when he said “everything’s on the table” if no deal is reached.
Ontario Premier Doug Ford has argued Canada should use its energy exports to pressure the U.S., while Alberta Premier Danielle Smith has rejected that idea, saying withholding energy “is not going to happen.”
Meanwhile, Canada-U.S. Trade Minister Dominic LeBlanc met with U.S. Trade Representative Jamieson Greer in Washington this week as both sides continue negotiations ahead of the tariff deadline.
