Jesse Snyder

1 week ago | thelogic.co | Jesse Snyder

CALGARY — WestJet CEO Alexis von Hoensbroech said layers of federal fees and taxes are raising airline travel costs in Canada, a burden he said was hampering the country’s efforts to fend off U.S. trade threats. At a Calgary Chamber of Commerce event on Tuesday, von Hoensbroech said a combination of sales taxes and other fees add roughly $133 to every flight Canadians buy, while comparable fees and taxes in the U.S. add up to $49.

2 weeks ago | thelogic.co | Jesse Snyder

CALGARY — When newly minted federal Natural Resources Minister Tim Hodgson delivered his first public remarks to Alberta’s energy sector on Friday, an audience of executives, lobbyists and political figures parsed his every word. Attendees, including Suncor CEO Rich Kruger and Rob Anderson, chief of staff to Alberta Premier Danielle Smith, crammed into a Calgary hotel conference room to hear the minister, who had been sworn into the role just days earlier.

2 weeks ago | thelogic.co | Jesse Snyder

BANFF, Alta. — Group-of-Seven finance leaders closed their summit in Alberta on Thursday with no sign of progress toward phasing out punishing U.S. tariffs, extending trade uncertainty that the Bank of Canada’s governor warned is already sapping business investment. In a joint statement, G7 finance ministers and central bankers found common ground on several fronts, notably an agreement to combat “non-market policies and practices” in an apparent reference to China.

2 weeks ago | thelogic.co | Jesse Snyder

BANFF, Alta. — U.S. Treasury Secretary Scott Bessent faces a steep climb as he meets this week with his G7 counterparts in the heart of the Canadian Rockies. Bessent, who arrived at the Banff summit on Wednesday morning, comes to Canada against the backdrop of a U.S.-led trade war that affects every country represented at the gathering. That and Bessent’s recent threat of further punishing tariffs on nations that fail to reach bilateral agreements with the Trump administration.

2 weeks ago | thelogic.co | Jesse Snyder

At the annual meeting in the Alberta resort town of Banff, finance ministers and central bank governors over the next two days will try to find consensus on protectionism and cross-border commerce amid U.S. tariff threats. (The Logic)Talking point: While Trump’s pause on so-called reciprocal tariffs has temporarily eased trade tensions, the topic is likely to remain a key focus as leaders from the seven nations meet this week.