• About
  • Offices
  • Careers
  • News
  • Students
  • Alumni
  • Payments
  • EN | FR
Background Image
Bennett Jones Logo
  • People
  • Expertise
  • Knowledge
  • Search
  • FR Menu
  • Search Mobile
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
View all
Practices
Corporate Litigation Regulatory Tax View all
Industries
Energy Infrastructure Mining Private Equity & Investment Funds View all
Advisory
Crisis & Risk Management Public Policy
View Client Work
International Experience
Insights News Events Subscribe
Arbitration Angle Artificial Intelligence Insights Business Law Talks Podcast Class Actions: Looking Forward Class Action Quick Takes
Economic Outlook New Energy Economy Series Private Equity Briefings Quarterly Fintech Insights Quarterly M&A Insights
Sustainability & the CIO
People
Offices
About
Practices
Industries
Advisory Services
Client Work
Insights
News
Events
Careers
Law Students
Alumni
Payments
Search
Subscribe

Stay informed on the latest business and legal insights and events.

LinkedIn LinkedIn Twitter Twitter Vimeo Vimeo
 

George Reid in National Post on CUSMA and Oil Export Tariffs

June 21, 2019

George Reid comments in the National Post on the elimination of tariffs on Canadian heavy oil containing diluent in the Canada-United States-Mexico Agreement (CUSMA).

CUSMA includes a rule of origin amendment to allow up to 40 per cent of non-originating diluent in pipelines for transportation of crude oil without affecting the status of the oil as a product eligible for duty free treatment. This has been a longstanding Canadian industry request. This technical issue has resulted in upwards of $60 million a year in duties and other fees on Canadian crude exports to the U.S.

“This is a modernization of the agreement,” said George Reid, a trade and investment lawyer at Bennett Jones LLP in Toronto, adding the scrutiny on diluents added a tariff cost to Canadian exports as well as a “compliance cost” since companies spend millions proving their diluent originated in Canada. Reid is confident the new rules are a win for oil companies.

Key Contact

  • George W. H. Reid George W. H. Reid, Partner

Related Links

  • Insights
  • Media
  • Subscribe

Related Expertise

  • International Trade & Investment

Recent Posts

In The News

Serge Dupont on CBC’s The House on Canada’s Climate Goals – Aspirations and Reality

August 11, 2025
       

In The News

One Canadian Economy Act: Growing the Energy Sector Together

August 07, 2025
       

Announcements

Twenty-Five Bennett Jones Lawyers Ranked in Lexpert's Special Edition on Energy

August 06, 2025
       

In The News

The Lay of the Land in Energy Dealmaking

August 06, 2025
       

Client Work

Heidelberg Materials Acquires Assets of BURNCO in Edmonton

July 31, 2025
       

Articles

Climate Change Initiatives: Selected Recent Changes and the Application of Existing Tax Principles to Clean Energy—Part 2

July 21, 2025
       

Articles

Tariff Tensions: Managing Risk Through Carefully Drafted Construction Contracts

July 21, 2025
       

Speaking Engagements

Sabrina Bandali spoke at the 71 Annual Natural Resources

July 17, 2025
       

Client Work

Canada Infrastructure Bank Closes C$1 Billion Financing to Support Montréal-Trudeau Transformation

July 16, 2025
       
Bennett Jones Centennial Footer
Bennett Jones Centennial Footer
About
  • Leadership
  • Diversity
  • Community
  • Innovation
  • Security
Offices
  • Calgary
  • Edmonton
  • Montréal
  • Ottawa
  • Toronto
  • Vancouver
  • New York
Connect
  • Insights
  • News
  • Events
  • Careers
  • Students
  • Alumni
Subscribe

Stay informed on the latest business and legal insights and events.

LinkedIn LinkedIn Twitter Twitter Vimeo Vimeo
© Bennett Jones LLP 2025. All rights reserved.
  • Privacy Policy
  • Disclaimer
  • Terms of Use
Logo Bennett Jones