Soaring oil prices could give Canada the leverage it needs with Trump in upcoming CUSMA talks

Apr 9

1 min read

Josh Rubin, Toronto Star

Mar 17, 2026

With the upcoming CUSMA review, some industry sources say elevated oil prices could give Canada added leverage as a key supplier of crude to the U.S. APMA President Flavio Volpe acknowledged the potential advantage but questioned its impact, noting, “If we’re still talking about this in June and July, a secure source of oil makes for an interesting CUSMA dynamic.”

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