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Stock impact report

Oilpatch wary as Ottawa, provinces threaten energy exports in retaliation over Trump tariffs [Yahoo! Finance Canada]

Cenovus Energy Inc (CVE) 
Last cenovus energy inc earnings: 4/29 06:00 am Check Earnings Report
US:NYSE Investor Relations: cenovus.com/disclaimerir
upon taking office in January sent a jolt of alarm through the entire Canadian economy, but the alarm in the oilpatch has only deepened as Ottawa and the provincial governments threaten to target energy exports in retaliation. Energy producers and fuel companies on both sides of the border are growing concerned that commodity flows could be disrupted if a tit-for-tat trade war erupts in response to Trump's announcement on social media in November that he intends to impose a tax on all goods entering the country from Canada and Mexico. One of the country's largest integrated oil producers, Cenovus Energy Inc. , which owns refineries and interests in facilities in Canada and the U.S. Midwest and Texas, warned against tariffs or retaliations over oil. “Any trade barriers that might be imposed on this free flow of trade could have a serious negative impact on both sides of the border,” Cenvous spokesperson Reg Curren said. “A reduction in Canadian exports will inevitably lead to r Show less Read more
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