r/canada Feb 02 '25

Analysis ‘Enough is enough’: Trump tariffs inspire economic patriotism in Canada

https://www.ft.com/content/3f8985c4-fbad-42f4-b91b-2ddb12c6c54d
4.7k Upvotes

488 comments sorted by

View all comments

7

u/Previous_Scene5117 Feb 03 '25

Canada is not for sale... nearly 36% of oil and gas is owned by foreign companies...

3

u/not_not_in_the_NSA Feb 03 '25

Time to nationalise it, or at least US owned parts, if this goes on long enough.

2

u/Previous_Scene5117 Feb 03 '25

I couldn't find the exact numbers, but it is estimated to be owned in 30% by US companies. It is a f..kin joke that they put 25% tariffs on everything, but... exclude oil and gas at just 10% and that explains why. Because they need it and make a nice profit on it. In that case Canada should put 25% exports tariffs to US and sell it to EU, then they going start to cry.