Canada Trade Can Help US Cool Inflation, Poilievre Says

Watch on YouTube ↗  |  September 11, 2026 at 14:19  |  9:28  |  Bloomberg Markets
Speakers
Pierre Poilievre — Conservative Leader of Canada

Summary

Conservative Party of Canada Leader Pierre Poilievre speaks with Bloomberg Surveillance about US-Canada trade and tariffs. He argues tariff-free access for Canadian oil, aluminum, lumber, and strategic minerals could lower US inflation and secure supply chains. He criticizes US tariffs, says Canada should focus on its resources, and warns against replacing the US with a strategic partnership with Beijing. He also discusses conservative outreach to young voters and homeownership.

  • Poilievre calls for tariff-free US-Canada trade rather than retaliatory escalation.
  • He says Canadian oil can add 2 million barrels per day and help lower US fuel prices and inflation.
  • He argues Canada's surplus electricity can supply aluminum to the US.
  • He says removing the 45% lumber tariff could improve US housing affordability.
  • He wants a Canadian strategic minerals reserve and tariff-free US access for NATO-critical minerals.
  • He says Beijing is a major threat and Canada should not pivot away from the US toward China.
  • He discusses conservative politics, youth support, homeownership, and sound money.
Ideas
Pierre Poilievre Conservative Leader of Canada 1:23
Canadian oil supply could lower prices
He argues Canada has affordable energy, with oil trading slightly below WTI, and that adding another 2 million Canadian barrels per day—about 10% of US daily consumption—could meaningfully lower US fuel prices and inflation if tariff-free access is restored.
Pierre Poilievre Conservative Leader of Canada 1:44
Canada power surplus can supply aluminum
He says America cannot produce enough aluminum because aluminum is 'boxed electricity' and data centers will make the US short of power, while Canada has surplus electricity and can export aluminum, including for Ford F-150s.
Pierre Poilievre Conservative Leader of Canada 1:58
Lumber tariff removal aids affordability
He says US housing is unaffordable and that removing the 45% tariff on Canadian lumber would allow Canadian supply into the US and help lower homebuilding costs.
Pierre Poilievre Conservative Leader of Canada 2:08
Canada rich with tariff-free US trade
Poilievre says Canada has all the resources America needs and should be the richest country in the world; tariff-free trade would give Canada access to the most lucrative market and allow it to supply energy and minerals to the US.
Pierre Poilievre Conservative Leader of Canada 2:50
Canada has defense minerals America needs
He wants Canada to build a national reserve of strategic minerals, noting Canada has 12 NATO-defined minerals needed for defense—including gallium, germanium, cobalt, tungsten, and aluminum—that America will need, but this requires tariff-free US access and reciprocity.
Up Next

This Bloomberg Markets video, published September 11, 2026, features Pierre Poilievre discussing WTI, Aluminum, WOOD, EWC, Strategic minerals. 5 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Pierre Poilievre  · Tickers: WTI, Aluminum, WOOD, EWC, Strategic minerals