Thursday, October 16, 2025

Wilkinson Seeks Deeper US Trade Links as Provinces Urge Local Focus

Canada’s energy minister proposed joint US-Canada investment in critical minerals and energy projects on Tuesday, even as provinces push to reduce dependence on US trade after recent tariff threats.

Energy Minister Jonathan Wilkinson told the Atlantic Council that such collaboration would help the US reduce reliance on Russia and China for materials like uranium, germanium, and lithium. His comments came a day after the US paused plans for 25% tariffs on Canadian imports for 30 days.

“If we actually work together, we can pull forward some very specific projects,” Wilkinson said at the Washington think tank, adding that any deal would require assurance that “the tariffs aren’t coming back.”

The proposal faces opposition at home. British Columbia Premier David Eby said major mining companies plan to redirect exports away from US markets. Newfoundland’s Premier Andrew Furey sent his fisheries minister to Europe to promote seafood exports and launched a “buy local” campaign, saying Canada would not “bend the knee” to President Donald Trump.

“What [Wilkinson] is proposing is effectively co-ownership of Canadian natural resources. That should give us all pause for thought,” Hadrian Mertins-Kirkwood, senior researcher at the Canadian Centre for Policy Alternatives, told Canada’s National Observer.

The US accounted for nearly 60% of Canada’s critical minerals exports in 2023, with two-way trade reaching $38.2 billion, according to Natural Resources Canada. The country has recently pursued trade diversification, signing a deal with Ecuador and negotiating with Southeast Asian nations, Trade Minister Mary Ng said Tuesday.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

When 4% of Global Copper Disappears Overnight | David Gower – Emerita Resources

Mining M&A: Gold X2 Acquires Kesselrun Resources

They Said Oil Was Dead. They Were Wrong. | Michael Judson – Record Resources

Recommended

Military Seizes Power in Madagascar After President Flees

Altamira Gold Hits 395.5 Metres Of 0.4 g/t Gold At Maria Bonita

Related News

Carney Further Rolls Back Countertariffs To Revive US Talks

Prime Minister Mark Carney rolled back countertariffs on US goods more broadly than he announced,...

Monday, September 29, 2025, 10:42:12 AM

EU Weighs Tech Restrictions in Response to US Tariff Threat

The European Union could restrict US tech companies’ access to European users if President Donald...

Thursday, February 6, 2025, 01:12:00 PM

China’s 25,000 Ton Gold Stash:  Preparing to Kill the Dollar? | Craig Hemke

In this interview, Craig Hemke from TF Metals Report provides a dive into the complex...

Thursday, April 17, 2025, 02:14:00 PM

Trump to Canada: Join US as 51st State or Face Tariffs

President Donald Trump has intensified his push to make Canada the 51st state, moving beyond...

Friday, January 24, 2025, 03:43:00 PM

The South Korea Deal Trump Called Historic ‘Gift’ Is Actually A High-Interest Lending Program

The $350 billion that President Donald Trump announced South Korea would “give to the United...

Tuesday, August 5, 2025, 03:47:00 PM