Leaders in Alberta’s energy sector say they aren’t panicking after Donald Trump threatened to slap a 25-per-cent tariff on Canadian goods, but they’re still urging Ottawa to take the United States president-elect’s threat as a wake-up call.

Canadian officials slammed U.S. President-elect Donald Trump's tariff plan this week, calling it "insulting." Trump has vowed to impose tariffs on goods from Canada, Mexico and China immediately after taking office in January.

U.S. oil and gas lobbying groups said on Tuesday they were wary of President-elect Donald Trump's threat of tariffs on Canada and Mexico, saying such policies could affect consumers, industry and security.

Canada was scrambling Tuesday to blunt the impact of US President-elect Donald Trump's threat to implement steep tariffs once he takes office, as experts warned of a potentially "catastrophic" hit