Market Briefing: US-Canada Potash Tensions, Alberta Fuel Tax Cut, and Global Rate Moves

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Market Briefing: US-Canada Potash Tensions, Alberta Fuel Tax Cut, and Global Rate Moves
Canada, Economy, Trade

This news update covers the geopolitical tension between the US and Canada over potash sourcing, Alberta's temporary fuel tax suspension, and the Bank of Canada's potential interest rate strategy. It also discusses trade negotiations following the departure of Prime Minister Mark Carney, key beneficiaries of the Canada Investment Summit, and technological advancements in pipeline inspections.

Mark Carney speaks at a news conference during the Canada Investment Summit in Toronto, Ontario, Canada, on Tuesday, Sept. 15, 2026. U.S. President Donald Trump says his administration is in talks to source potash from Belarus — at better prices than what Canadian firms charge.

The U.S. relies on Canada for most of its potash, a key ingredient in fertilizer. Is this bluster or a real threat to a key Canadian export? Greg Taylor, chief investment officer at PenderFund Capital Management, talks to Financial Post's Larysa Harapyn about which companies will benefit the most from Ottawa's investment summit and major project push. The Alberta government says it will suspend provincial fuel taxes from Oct. 1 until the end of the year.

Prices at the pump will fall by 13 cents a litre. Watch to see how some Albertans feel about the changes. Mark Warner, Principal of MAAW Law, talks about the difficulties Canada will have in reaching a trade deal with the U.S. after Canada's Prime Minister Mark Carney walked away from negotiations.

Meanwhile, U.S. talks with Mexico are advancing. Randall Bartlett, deputy chief economist at Desjardins Group, talks about the Bank of Canada's next move as central banks around the world start to raise interest rates. When Canadians talk about oil and gas pipelines, the conversation tends to focus on debates around routes, approvals and climate policy. But there's also a whole lot of tech working behind the scenes.

Watch to learn about drones, robots and other inspection tools involved on the ground and in the sky.

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