Latest news with #Enserva


Global News
17-07-2025
- Business
- Global News
Oilfield service group says relief from counter-tariffs on U.S. sand ‘fantastic news'
Canadian oil and gas drillers that import vast amounts of sand from the United States are getting relief from counter-tariffs that could have added heavy costs to industry. The sand is used in hydraulic fracturing — or fracking — to help free resources trapped in hard-to-access shale formations deep underground. It's among the imported U.S. goods on which Canada has imposed a surcharge in retaliation for President Donald Trump's flurry of tariffs. A notice in the Canada Gazette newsletter published Wednesday lists dozens of goods for which 'remission' is to be granted — including silica and quartz sand. The order applies to sand imported before Oct. 16. 'That is fantastic news for us,' said Gurpreet Lail, president and chief executive of oilfield services industry group Enserva. The retaliatory tariffs on sand alone would have added $275 million a year to industry costs, she said. Story continues below advertisement 'We work on really lean, tight budgets, and that would have been a huge blow.' Tweet This Click to share quote on Twitter: "We work on really lean, tight budgets, and that would have been a huge blow." Get breaking National news For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen. Sign up for breaking National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy Lail praised Alberta Premier Danielle Smith for pressing the issue with Ottawa. Canada's energy sector uses about eight to nine million tonnes of silica sand, and it needs to meet certain specifications, Lail said. The bulk of that — about six million tonnes — comes from Wisconsin. 0:52 Mexico, Canada coordinate as Trump warns of new USMCA tariffs The rest can be sourced in Canada, but Lail said there are too many regulatory hurdles for sand producers to scale up and meet industry's needs. 'And to flip that on a dime really quickly when retaliatory tariffs came into effect, we just weren't positioned that way,' she said. Story continues below advertisement Lail said her group is still waiting to hear whether remission will be granted for other imported goods the industry needs, like coil tubing and drill bits. In an 'impact analysis statement' accompanying the order in the Gazette, the government said it received nearly 7,000 written submissions during a public comment period on proposed counter tariffs earlier this year. 'Canadian businesses, stakeholders, and partners generally confirmed their support for Canada's surtaxes on certain U.S. goods,' it said. 'However, some stakeholders noted concerns with their ability to shift supply chains away from the United States due to limited alternative sources of supply (short supply) or the requirement for certain inputs to comply with certification requirements, product specifications or contractual obligations.' Under specific circumstances — like when goods can't be sourced from elsewhere or would severely hurt the Canadian economy — businesses can be exempt from paying tariffs or be refunded for tariffs already paid. Previously, a six-month tariff holiday was granted to goods used in Canadian manufacturing, processing and food and beverage packaging, as well as imports used to support public health, health care, public safety and national security objectives. Vehicles were also granted remission so long as they maintained Canadian production and followed through with planned investments.
Yahoo
17-07-2025
- Business
- Yahoo
Oilfield service group says relief from counter-tariffs on U.S. sand 'fantastic news'
The federal government is offering Canadian oil and gas drillers counter-tariff reprieve on the vast amounts of sand they import from the United States. The sand is used in the hydraulic fracturing — or fracking — process to help free resources trapped in hard-to-access shale formations deep underground. It's among the imported U.S. goods on which Canada has imposed a surcharge in retaliation for President Donald Trump's flurry of tariffs. Sand from Wisconsin meets the specs needed by Canadian drillers, and the lion's share of what they use is brought in from the Midwestern state. A federal order published in the Canada Gazette newsletter this week says relief is available for companies that import silica and quartz sand, among other products. Gurpreet Lail, the chief executive of industry group Enserva, says it's fantastic news, as the counter-tariffs on sand alone would have cost industry $275 million a year.


Hamilton Spectator
17-07-2025
- Business
- Hamilton Spectator
Oilfield service group says relief from counter-tariffs on U.S. sand ‘fantastic news'
CALGARY - The federal government is offering Canadian oil and gas drillers counter-tariff reprieve on the vast amounts of sand they import from the United States. The sand is used in the hydraulic fracturing — or fracking — process to help free resources trapped in hard-to-access shale formations deep underground. It's among the imported U.S. goods on which Canada has imposed a surcharge in retaliation for President Donald Trump's flurry of tariffs. Sand from Wisconsin meets the specs needed by Canadian drillers, and the lion's share of what they use is brought in from the Midwestern state. A federal order published in the Canada Gazette newsletter this week says relief is available for companies that import silica and quartz sand, among other products. Gurpreet Lail, the chief executive of industry group Enserva, says it's fantastic news, as the counter-tariffs on sand alone would have cost industry $275 million a year. This report by The Canadian Press was first published July 17, 2025.
Yahoo
17-07-2025
- Business
- Yahoo
Oilfield service group says relief from counter-tariffs on U.S. sand 'fantastic news'
CALGARY — The federal government is offering Canadian oil and gas drillers counter-tariff reprieve on the vast amounts of sand they import from the United States. The sand is used in the hydraulic fracturing — or fracking — process to help free resources trapped in hard-to-access shale formations deep underground. It's among the imported U.S. goods on which Canada has imposed a surcharge in retaliation for President Donald Trump's flurry of tariffs. Sand from Wisconsin meets the specs needed by Canadian drillers, and the lion's share of what they use is brought in from the Midwestern state. A federal order published in the Canada Gazette newsletter this week says relief is available for companies that import silica and quartz sand, among other products. Gurpreet Lail, the chief executive of industry group Enserva, says it's fantastic news, as the counter-tariffs on sand alone would have cost industry $275 million a year. This report by The Canadian Press was first published July 17, 2025. Lauren Krugel, The Canadian Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


CTV News
17-07-2025
- Business
- CTV News
Oilfield service group says relief from counter-tariffs on U.S. sand ‘fantastic news'
A sand dune is backdropped by Atlas Energy plant at the beginning of a 68-kilometre conveyor belt that carries sand needed for hydraulic fracturing Wednesday, Feb. 26, 2025, in Kermit, Texas. (AP Photo/Julio Cortez) CALGARY — The federal government is offering Canadian oil and gas drillers counter-tariff reprieve on the vast amounts of sand they import from the United States. The sand is used in the hydraulic fracturing — or fracking — process to help free resources trapped in hard-to-access shale formations deep underground. It's among the imported U.S. goods on which Canada has imposed a surcharge in retaliation for President Donald Trump's flurry of tariffs. Sand from Wisconsin meets the specs needed by Canadian drillers, and the lion's share of what they use is brought in from the Midwestern state. A federal order published in the Canada Gazette newsletter this week says relief is available for companies that import silica and quartz sand, among other products. Gurpreet Lail, the chief executive of industry group Enserva, says it's fantastic news, as the counter-tariffs on sand alone would have cost industry $275 million a year. --- Lauren Krugel, The Canadian Press This report by The Canadian Press was first published July 17, 2025.