Maritime provinces' electricity system cooperation emerges as trade war leverage; Carney and Holt threaten retaliation to Trump tariffs
Danielle SmithDoug FordRob LantzScott MoeMark CarneyR.J. SimpsonSusan HoltCouncil of the Federation

Maritime provinces' electricity system cooperation emerges as trade war leverage; Carney and Holt threaten retaliation to Trump tariffs

Maritime provinces' leaders, including Prime Minister Mark Carney and New Brunswick Premier Susan Holt, are considering leveraging electricity sales as retaliation against U.S. tariffs. They emphasize the importance of negotiations with President Trump, with Carney stating, "everything's on the table" depending on the outcome.

Government of Nova Scotia Government of Nova Scotia+1 source24 July 2026 · 03:57 UTC
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Maritime provinces' leaders are exploring the use of electricity sales as leverage in response to U.S. tariffs. At a recent meeting in Charlottetown, Prime Minister Mark Carney indicated that retaliatory measures are on the table if negotiations with President Trump fail.2

“Everything’s on the table depending on the outcome of the negotiations,” Carney stated, emphasizing the need for a comprehensive agreement addressing existing tariffs on Canadian industries such as softwood lumber and steel.

New Brunswick Premier Susan Holt echoed this sentiment, suggesting that the province's energy exports to New England could be utilized as a bargaining chip.

“We know that we have those kinds of tools at our disposal should we need them,” Holt remarked, highlighting the significance of energy in the trade dynamics.

Ontario Premier Doug Ford also weighed in, advocating for the use of Canada’s energy resources as leverage, stating, “They need to feel the pain rather than us constantly feeling the pain.”5

However, not all provincial leaders agree; Alberta Premier Danielle Smith and Saskatchewan Premier Scott Moe have rejected the idea of withholding oil and potash shipments, asserting that “that’s not going to happen.”6

As tensions rise, the Maritime provinces are poised to navigate a complex trade landscape, balancing cooperation and competition in their electricity systems while addressing the looming threat of U.S. tariffs.

Key Insight
“Holt said New Brunswick supplies energy to New England, calling it 'tools at our disposal' and hinted the province could sell elsewhere, while Ford advocated using potash and oil as leverage but Smith and Moe rejected withholding shipments. Carney said 'everything's on the table' and stressed any deal must address existing tariffs on softwood lumber, steel, aluminum, and autos.”
Carney says Canada will do 'whatever it takes' in trade war with US
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Carney says Canada will do 'whatever it takes' in trade war with US
CuriousCats studied:
1
Government of Nova ScotiaGovernment of Nova Scotia
“The Council of the Federation’s summer meeting this week in Charlottetown, Prince Edward Island, ended today, July 23.”
Government of Nova Scotia →
2
Telegraph-Journal
“Prime Minister Mark Carney says retaliatory measures are being considered if his government can’t reach a deal with U.S. President Donald Trump before the latest U.S. tariff threat takes effect.”
Telegraph-Journal →
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