Ministers Discuss Impact of U.S. Tariffs on Canadian Energy and Mines Sector

On March 5, 2023, Energy and Mines Ministers from federal, provincial, and territorial levels met in Toronto at the Prospectors & Developers Association of Canada (PDAC). The meeting addressed the tariffs that the United States has recently imposed on Canadian exports. In response, the ministers are considering steps to support Canadian industries, including streamlining resource development processes.

Discussions highlighted Canada's role in the supply of critical minerals essential for sectors such as clean energy and advanced manufacturing, which are significant to international partners, including the U.S. The ministers acknowledged the need for efficient regulatory processes to facilitate mineral exports and support industry growth.

The meeting emphasized the importance of continuing dialogue and exploring cooperative measures with the United States to mitigate the impact of the tariffs and support Canada's trade interests.