Alberta premier: Everybody wants a trade deal

Watch on YouTube ↗  |  September 02, 2026 at 16:50  |  3:36  |  CNBC
Speakers
Danielle Smith — Premier of Alberta

Summary

Alberta Premier Danielle Smith discusses U.S.-Canada trade tensions and Canada's retaliatory tariffs. She argues both countries want a trade deal and warns that tariff pain will hit small businesses despite a small GDP impact. She highlights Alberta's role supplying roughly 4 million barrels per day of oil to U.S. refiners and says further energy export growth requires ending the tariff fight and reaching a broader trade agreement.

  • Canada's retaliatory tariffs on billions in U.S. goods are set to begin, raising concerns for small business viability.
  • Premier Smith says everybody wants a trade deal and hopes for direct Trump-Carney talks.
  • She sees a bigger conversation needed on energy security, critical minerals, and continental security.
  • Alberta currently sells about 4 million barrels per day of oil to U.S. refiners, helping keep U.S. gasoline cheap.
  • Smith says Alberta wants to sell more energy but that requires a broader trade deal and an end to the tariff fight.
  • She acknowledges Canadian travel to Florida has weakened but says tourism and trade relationships can be restored.
Ideas
Danielle Smith Premier of Alberta 3:12
Tariff resolution would grow Canadian oil exports.
Alberta already supplies about 4 million barrels a day of crude to U.S. refiners, which helps keep U.S. gasoline cheap. Smith says Alberta wants to sell more oil, but reaching those conversations requires an overarching U.S.-Canada trade agreement and an end to the tariff fight, so a resolution would open room for more Canadian oil exports.
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This CNBC video, published September 02, 2026, features Danielle Smith discussing WTI. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: Danielle Smith  · Tickers: WTI