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Imperial Oil Ltd
Symbol IMO
Shares Issued 517,860,941
Close 2024-11-27 C$ 102.69
Market Cap C$ 53,179,140,031
Recent Sedar Documents

NP says MEG, rivals hear oil patch not panicking

2024-11-27 08:13 ET - In the News

See In the News (C-MEG) MEG Energy Corp

The National Post reports in its Wednesday, Nov. 27, edition that leaders in Alberta's energy sector are urging Ottawa to take Donald Trump's threat of a 25-per-cent tariff on Canadian goods seriously, though they are not panicking. The Post's Rahim Mohamed writes that Canadian Association of Petroleum Producers chief executive officer Lisa Baiton says: "As Canadians, we need to be eyes-wide-open on the president-elect's promise for across-the-board tariffs. ... It is time to stop dithering around with domestic policy that kills our biggest GDP generators and job creators, like the emissions cap, and move with alacrity to support our most productive industries." Alberta Premier Danielle Smith said Monday evening that Mr. Trump's concerns about vulnerabilities at the Canada-U.S. borders were "valid" and urged Ottawa to meet the president-elect halfway. She said on X, "We are calling on the federal government to work with the incoming administration to resolve these issues immediately, thereby avoiding any unnecessary tariffs on Canadian exports to the U.S." Prime Minister Justin Trudeau said on Tuesday that he had agreed to a request from Ms. Smith and her fellow premiers to a first ministers meeting to talk trade strategy.

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