77 Days
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اقتصاد
Source: اقتصاد
77 Daysاقتصاد
Source: اقتصاد
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The article addresses the current dispute between Canada and the United States over trade tariffs and their impact on Alberta, which is considered the heart of Canada's oil industry, accounting for about 91% of the country's oil exports. Despite most provincial governments supporting Canada in facing the American tariffs, Alberta Premier Danielle Smith has refused to participate in the escalation, warning of the economic costs involved and emphasizing that gas and oil are the pillars of the province's economy. Alberta heavily relies on the U.S. market, with 99.8% of its oil exports going to the United States. The article asserts that Smith’s stance is driven by the province’s economic interests, as disrupting oil exports could increase U.S. refining costs and significantly harm Alberta’s revenues. It also explains that Alberta aims to reduce its reliance on the U.S. market through westward export projects but currently depends heavily on the American market, giving Washington leverage in economic and political negotiations. The discussion also touches on the possibility of Alberta separating from Canada; polls suggest that support for this option remains low, but it still introduces economic and political uncertainties. Weakening Canadian unity would empower U.S. influence and increase pressure on Ottawa, despite the Canadian government's efforts to diversify export options and reduce dependence on the U.S. market.
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