The owner of Canada’s largest oil refinery says the incoming U.S. tariffs will have impacts on energy security and the broader economy.
Irving Oil issued a statement on Sunday, one day after the United States announced a 10 per cent tariff on Canadian energy imports.
“As a trusted energy supplier to the Northeastern United States since 1972, our business has a proud and strong relationship with the United States,” said the statement.
The company said that with most of the product produced at its Saint John, N.B., refinery destined for the United States, its U.S. customers will face price increases.
“Given the importance of safeguarding the energy supply chain, we urge all stakeholders within government and industry to come together and work toward a resolution as soon as possible,” it said.
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