US energy tariffs strain partnership with Canada and raise costs

Canada’s TC Energy announced last week that it would invest $8.5 billion in America’s energy future. Yet, the United States is still punishing Canada’s energy industry with tariffs on energy products, holding a true partnership back and pushing Canada to diversify its exports with Asian markets.

TC Energy CEO François Poirier, appearing on Fox Business, said he sees “an effort to accelerate timelines for permitting.” Poirier added that he hopes to see permitting and construction timelines “cut in half, or better,” allowing TC Energy to put infrastructure in place “before the end of the decade.”