Long-term U.S. tariffs could devastate Canada's energy sector, Deloitte warns

Deloitte predicts U.S. growth will slow 'considerably'

Trevin Stratton, Americas Economics Leader &ampamp; Partner at Deloitte Canada, talks about the outlook for the U.S. and Canada. Watch here

Long-term U.S. tariffs could devastate Canada's energy sector, Deloitte warns

U.S. tariffs could lead to a 6.8 per cent drop in output across Canada’s oil, gas and mining sectors over the next five years, a new report has found. Released Wednesday, Deloitte Canada’s latest price forecast attempted to gauge the impact trade uncertainties would have on Canada’...

Canada's upcoming vote influences currency market shifts

Uncertainty surrounding U.S. trade policies and global economic shifts are pushing currency traders to reconsider their strategies, notably towards Canada's underowned dollar (CAD). As Canadians head to the polls, markets speculate whether the election outcome could bolster investor confidence and prompt a fresh upward movement in the currency. Global Trends Shaping the Market Recent market behavior reflects a broader move away from the U.S. dol…

Companies warn president about energy, tariff policies

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Canada - Thoughtful Journalism About Energy's Future

This article was published by Policy Options on April 23, 2025. By Jatin Nathwani, Munur Sacit Herdem Improving Canada’s productivity is a fundamental necessity and the core of any strategy to help overcome the challenges emerging from a tariff-driven trade war initiated by U.S. President Donald Trump. Such a strategy is crucial for safeguarding Canada’s economic security and prosperity in a highly contested global marketplace. Specific paramete…