While United States President Donald Trump continues to talk about tariffs on Canadian exports, his plans are being criticized by some industry groups in both the United States and Canada who say changing the status quo will hurt everyone involved.
“Both of our economies, particularly when it comes to energy, are highly integrated and highly efficient,” said Mark Scholz, the president and CEO of the Canadian Association of Energy Contractors (CAOEC).
He explained trade over the past 50 years or so has created wealth and prosperity for both Canada and the United States and any export tariffs, taxes, or bans on either side of the border would hurt both nations.
This week, Trump renewed his pledge to include Canada under incoming 25 per cent tariffs — which is a tax put on goods or services coming from another country — possibly as early as Feb. 1.
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Trump has also repeatedly has said the …