Saskatchewan sends much more product across the southern border than crosses into the province, according to Statistics Canada data. So what does a trade war mean for the province?
On Tuesday, U.S. President Donald Trump implemented 10 per cent tariffs on Canadian oil and other energy exports headed to the U.S., and 25 per cent tariffs on all other products.
The United States is Saskatchewan’s largest trading partner. Of the province’s approximately $45 billion in international exports, more than half (about $26.7 billion) head to the U.S. In comparison, about $13 billion in merchandise from the United States comes into Saskatchewan — though it’s unclear from data how much of that stays in the province.
Last year, Saskatchewan’s leading exports to the U.S. were crude oil, potash and canola products, according to Statistics Canada (figures are in Canadian dollars):
- $12.47 billion in crude oil (100 per cent of the province’s …