# Canada’s oil windfall may yet erase its tariff losses

https://mins.news/en/item/56435

- CBC News, 2026-09-13 08:00 UTC
- Economy
- Original: https://www.cbc.ca/news/politics/canada-oil-prices-trump-iran-trade-war-tariffs-9.7341298?cmp=rss

> The roughly 0.5 per cent hit to Canada’s GDP from Donald Trump’s tariffs could be more than offset if oil prices rise above US$100 a barrel. Prices that fell over the summer have rebounded as peace recedes, while recent successes by Iran’s Houthi allies point to high prices lasting.

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