Trump vows to impose 25% tariff on goods from Mexico and Can

Not sure about the Canadian Auto Industry, but with the Conservatives nationally at 43% (+-4%) and Liberals at 23% (+-3%), I'm pretty sure people in the energy in industry in Sask. and Alta. are more concerned with the new production cap recently put on by the liberals and also just trying to hang on until hopefully, Canada has a government who respects Canadian oil.

There is no “production cap”. Period.

Canada has emissions reductions plans for various sectors.

2030 Emissions Reduction Plan – Sector-by-sector overview

The petroleum industry argued against a production cap. It said it could reduce GHG emissions through more efficient production, through reducing methane leaked, through technology including carbon capture and storage. The federal government said “OK. No production caps. Reduce emissions your way.

Now the industry is saying it cannot achieve the emissions cap based on how it said it could. The federal government is saying the emissions cap stands.

The petroleum industry is saying it would choose to reduce emissions by reducing production rather than any other way.

The only “production cap” is the one the industry chooses.