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Canada’s energy exporters found themselves in the spotlight Wednesday as the U.S. Department of Energy reported the United States posted a $39-billion (U.S.) energy-trade deficit with its northern neighbour last year, driven by imports of oil, natural gas and electricity. (Daniel Acker/Bloomberg)
Canada’s energy exporters found themselves in the spotlight Wednesday as the U.S. Department of Energy reported the United States posted a $39-billion (U.S.) energy-trade deficit with its northern neighbour last year, driven by imports of oil, natural gas and electricity. (Daniel Acker/Bloomberg)

Energy trade in crosshairs as U.S. posts $39-billion deficit with Canada Add to ...

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Canada’s energy exporters found themselves in the spotlight Wednesday as the U.S. Department of Energy reported the United States posted a $39-billion (U.S.) energy-trade deficit with its northern neighbour last year, driven by imports of oil, natural gas and electricity.

The report from the Energy Information Administration (EIA) came a day after President Donald Trump, in an address to Congress, bemoaned America’s $800-billion trade deficit. He vowed to adopt new measures to address the imbalance, and to stimulate jobs and investment in the United States.

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