Overview
- Premier Danielle Smith said she secured a breakthrough in Washington over Canada’s contributions to U.S. energy dominance, covering oil, gas, critical minerals, uranium and electricity.
- President Trump has doubled U.S. tariffs on Canadian steel and aluminum to 50 per cent, a move industry groups warn will devastate key sectors.
- U.S. Commerce Secretary Howard Lutnick told a Senate hearing that imports compliant with the Canada-U.S.-Mexico Agreement remain exempt from the new duties.
- Canadian and American officials are targeting a temporary deal on tariffs or CUSMA provisions by the G7 summit in Kananaskis between June 15 and 17.
- Smith’s proposal for a bitumen pipeline to B.C.’s northern coast and a decarbonization project has drawn skepticism from B.C. Deputy Premier Niki Sharma, who says her government will prioritise shovel-ready initiatives.