Globalist leader and Canadian Prime Minister Mark Carney walked away from a trade deal with the United States after negotiations reportedly broke apart on Friday night.
The Trump Administration is working to gain a more favorable trade deal with our northern neighbor after decades of Canada due to the fact that the current arrangement as one-sided and insufficiently beneficial to the United States. President Trump refused to renew the current USMCA with Canada and Mexico and is using tariffs as a way to extract changes.
Via Grok: The White House has been explicit about three core complaints:
Dairy: Canada’s supply-management system uses tariff-rate quotas and over-quota tariffs that can reach nearly 300%. The U.S. says these are more restrictive toward American cheese and dairy than the terms Canada gives the EU, even though both have trade agreements with Canada.
Autos: After the U.S. imposed sectoral tariffs, Canada responded with tariffs and quotas on U.S. vehicles that it did not apply to other countries. U.S. vehicle exports to Canada then dropped about 22% ($5.6 billion) in one year. Trump also wants tighter rules of origin so more of the value in North American cars is made in the U.S., not just “North America.”
Alcohol: Most Canadian provinces stopped buying or selling U.S. wine, beer, and spirits after earlier U.S. tariffs. U.S. alcohol exports to Canada collapsed 81% in a year. Washington treats this as discriminatory treatment of U.S. commerce. But, Canadian Prime Minister Carney broke off talks with the United States this week and threatened retaliation that will target sectors including steel, dairy, appliances, agricultural equipment, pulp and paper and electronics.
Carney’s boasting to the globalist set includes his threats to cut off or tax Alberta oil that goes to the US from Canada.
Alberta Canada Premier Danielle Smith
Yesterday, Alberta Premier Danielle Smith, a province that is voting to leave Canada, explained why this is such a bad idea for Canada.
She delivered this speech this week and exposed how disastrous Carney’s threats would be to Canada.
Premier Danielle Smith: Mr. Speaker, although I understand the need to respond strongly to these tariffs, 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. It would not only extinguish the livelihoods of hundreds of thousands of Albertans, it would economically hobble our friends and neighbors in other provinces to the east. Let me explain why, and it’s important that this be understood by every Canadian.
The Honorable Member for Ottawa— If Canada were to put, let’s say, a 50% export tariff on the 4 million barrels of oil that we export daily to the United States, the United States would immediately respond with a 50 to 100% export tariff on oil and natural gas that they export to Ontario, along with millions of barrels of diesel fuel and gasoline that Ontario and Quebec import from the Midwest.
This would bring the economies of Ontario and Quebec to a grinding halt.
Meanwhile, all those refineries in the United States that currently use Alberta’s heavy oil would start looking to Venezuela for replacement heavy oil and reverse the pipelines northward to get it to Midwest refineries.
As a result, we would lose the United States as a customer entirely and likely forever. This would result in the loss of about half a million jobs at a minimum, mostly in Alberta, but also hundreds of thousands of jobs in Ontario and Quebec.
And if we cut off our oil entirely, what then? The same results, but even worse. The United States would, of course, respond and cut off all gasoline and diesel from their refineries to Ontario and Quebec, right as we turn into fall and winter. And unlike Canada, the United States has strategic oil reserves that Canada does not. So although their gasoline prices will increase, they will be able to keep them at relatively manageable prices, just as they have done through the Iran War.
And without strategic oil reserves, Canada has no way to supply Ontario and Quebec with the oil, natural gas, and fuels that they would need in a timely fashion. The Toronto Stock Exchange would nosedive, along with millions of Canadians’ investments, particularly our seniors, and small and medium and large energy companies across Canada would shutter and lay off their employees, unable to find a market for their product. There is a better way forward.
Premier Smith just destroyed Mark Carney’s grand plan.
If Carney does not backtrack, the Canadian economy is doomed!
Via Danielle Smith on X:
Tariffs and counter-tariffs are harmful. They disrupt businesses, threaten jobs, drive up inflation and strain the relationship between Canada and the United States.
Threatening to cut off or tax Alberta’s energy is not the answer. It would devastate Alberta’s economy, hurt… pic.twitter.com/KooW72ZZUc
— Danielle Smith (@ABDanielleSmith) August 26, 2026
Watch George A.A. on YouTube to hear more on this dangerous move.
The post Alberta Canada Premier Danielle Smith Speaks Out – Explains Why PM Carney’s Threats Against US is Suicide for Canadian Economy (Video) appeared first on The Gateway Pundit.