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Venezuela Impact: Carney Says Canadian Oil to Remain Competitive, Poilievre Pushes for Pipeline

Venezuela Impact: Carney Says Canadian Oil to Remain Competitive, Poilievre Pushes for Pipeline

Last updated: January 7, 2026 4:47 pm
By Paul Rowan Brian
1 Min Read
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Venezuela Impact: Carney Says Canadian Oil to Remain Competitive, Poilievre Pushes for Pipeline

An oil platform built by Venezuela’s state-owned oil company PDVSA, in Orinoco, Venezuela, in a file photo. RAMON SAHMKOW/AFP via Getty Images

Paul Rowan Brian

1/6/2026|Updated: 1/6/2026

Prime Minister Mark Carney says Canadian oil will remain competitive on the U.S. and world markets in the wake of the ouster of Venezuelan leader Nicolás Maduro.

Carney told reporters the federal government is taking “measures” to ensure the continued growth of Canada’s oil exports such as signing the recent memorandum of understanding (MOU) with Alberta, which proposes building one or more pipelines from Alberta to the B.C. coast.

Paul Rowan Brian

Paul Rowan Brian is a news reporter with the Canadian edition of The Epoch Times.

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