The U.S. wants Venezuelan oil. Does that undercut Canada's leverage in trade talks?

Jan 11, 2026 - 04:00
The U.S. wants Venezuelan oil. Does that undercut Canada's leverage in trade talks?
Venezuelans celebrate in Santiago, Chile

As Ottawa gears up to review the Canada-U.S.-Mexico-Agreement, do the developments in Venezuela undercut the Canadians' bargaining position? CBC's The House spoke to experts and former officials about the feasibility of ramping up Venezuelan oil production and the road ahead.