09:34:20 EDT Thu 27 Aug 2026
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Imperial Oil Ltd
Symbol IMO
Shares Issued 483,592,715
Close 2026-08-26 C$ 182.29
Market Cap C$ 88,154,116,017
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Globe says Nutrien, others see Smith, Moe set red lines

2026-08-27 07:04 ET - In the News

See In the News (C-NTR) Nutrien Ltd

The Globe and Mail reports in its Thursday, Aug. 27, edition that Alberta and Saskatchewan strongly opposed suggestions of Ottawa applying export levies on natural resources like oil and potash in response to new United States tariffs, highlighting growing divisions among Canadian leaders on how to respond to the trade war. The Globe's triple-bylined item led by Carrie Tait report that Alberta Premier Danielle Smith and Saskatchewan Premier Scott Moe supported Ottawa's dollar-for-dollar countertariff strategy but opposed using key industries in the battle against the U.S. Alberta and Saskatchewan on Wednesday drew red lines around their natural resources, dismissing arguments that they should be used as weapons in the trade dispute. "What we, as a province, cannot and will not support is any kind of export tariff on our natural resources," Mr. Moe said. Ms. Smith said Canada would only be harming itself should it impose export tariffs on oil. Ms. Smith said: "I cannot think of a more disastrous policy decision than cutting off or taxing Alberta's oil to the United States. Doing so would absolutely devastate the Canadian economy." Mr. Carney has previously expressed reluctance to apply export taxes to Canadian oil.

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