Peter Morrow, an associate professor of economics at the University of Toronto, said it is premature for Canada to impose retaliatory tariffs. U.S. President Donald Trump’s looming threat of tariffs is a ticking clock on Canada to make a move but some experts believe that imposing retaliatory tariffs would be premature and potentially detrimental.

There is an Alberta-sized hole in Canada’s plan to fight President-elect Donald Trump’s tariff threat. After a chaotic couple of weeks, the premiers emerged all-for-one from a day-long meeting with the Prime Minister Justin Trudeau on Wednesday — all except Premier Danielle Smith,

Canada’s top export to the United States is energy products, mostly oil and gas. Almost all of the crude oil that Canada exports goes to the U.S., and most of it comes from Alberta. Alberta exports about 80 per cent of the crude oil it produces.

Canada’s outgoing prime minister and the leader of the country’s oil rich province of Alberta are both confident Canada can avoid the 25% tariffs President Donald Trump says

Canada's outgoing prime minister and the leader of the country's oil rich province of Alberta are both confident Canada can avoid the tariffs.