Alberta's Premier, Danielle Smith, has reportedly rejected the proposal to implement export taxes on crude oil shipments to the United States. This rejection comes amidst discussions of retaliatory measures against tariffs imposed by the Trump administration on Ottawa, according to OilPrice.com.
The Premier indicated that such a policy would be detrimental to Canada. She reportedly stated that she could not conceive of a more damaging policy decision than either halting or taxing Alberta's oil exports to the United States.
According to OilPrice.com, the Premier acknowledged the necessity of a strong response to the tariffs. However, she reportedly cautioned that imposing oil export taxes would likely provoke a disproportionate tariff reaction from the United States.
