Long-term U.S. tariffs could devastate Canada’s energy sector, Deloitte warns

April 24, 2025

A 25% U.S. tariff could slash Canada’s oil, gas and mining output by nearly 7% by 2030, says Canada’s largest professional services firm.

U.S. tariffs could lead to a 6.8 per cent drop in output across Canada’s oil, gas and mining sectors over the next five years, a new report has found.…

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