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Source: Bloomberg News
Since winning the U.S. election, Donald Trump has taunted Prime Minister Justin Trudeau by calling him governor of a 51st U.S. state, threatened 25 per cent tariffs, and vented that the Unied States is getting ripped off by its northern neighbour because of a trade deficit.
Pierre Poilievre — the Conservative leader who is the front-runner to beat Trudeau’s party in the next election — says he could increase Canada’s exports to the U.S. and strike a “great deal” with Trump anyway.
Poilievre sketched out an elevator pitch to the U.S. president-elect during an interview with right-wing Canadian influencer Jordan Peterson, posted online Thursday. If elected, Poilievre said he plans to speed up approvals to build oil refineries, liquefied natural gas plants, nuclear facilities and hydro power. Canada has the ability to grow its electricity surplus with the U.S., helping to run the data centres that are essential to its booming artificial intelligence sector, he added.
“If you look at the history of President Trump, he negotiates very aggressively and he likes to win, but in the end, he doesn’t appear to have a problem if his counterparty also wins,” Poilievre said. “And so I think that we can get a great deal that will make both countries safer, richer, and stronger.”
But Trump should also be aware that Canada currently sells its oil and gas to the U.S. at “enormous discounts,” Poilievre told Peterson.
“Yes, it is a ripoff — Canada is ripping itself off,” the Conservative politician said.
Full article here: https://financialpost.com/commodities/energy/oil-gas/pierre-poilievre-energy-pitch-donald-trump
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Should Pierre make an Energy Deal with Trump?
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