Venezuela’s oil-based economy continues to collapse. The Americans are helping it collapse. And what the Canadian interest is, defies imagination. The corrupt and destructive Nicolás Maduro regime in the country, after the incompetence of the Hugo Chavez era, has created economic chaos. The world watches as China and the Russians pay lip service to supporting the Maduro regime.
One in ten of Venezuelans has already fled from their once stable country to neighbouring countries. The Americans keep imposing more sanctions that are causing increased suffering for the people. Millions are starving. Medicines are scarce or non-existent. The streets are full of hungry and angry people. The country is a powder keg ready to explode. And what the hell is Canada doing to really help?
Frankly the American interest in Venezuela is easier to understand. Venezuela has the world’s largest reserve of bitumen-based heavy crude oil that is far less polluting to refine into synthetic crude oil than Canada’s dirty tar sands bitumen. And the Venezuelan product is readily available to the Americans, being conveniently located on the south side of the Gulf of Mexico. The Americans would be crazy not to ensure their easy access to that cheap oil. Many of their Texas gulf coast refineries are set up to handle the Venezuelan bitumen. So, what do they use as sanctions? They refuse to buy or pay for the Venezuelan heavy crude!
While Maduro might have been busy stealing billions from the country, he has obviously been generous with his generals. Their continued loyalty to his regime is making new elections or a reasonable transition to the self-proclaimed president Juan Guaidó more difficult as the turmoil continues. You can hardly solve problems caused by undemocratic actions by encouraging undemocratic actions on your behalf. The people appear to be more and more desperate and it would likely take some very small events in Venezuela to light the tinder of civil war.
If it comes to an armed conflict, neither Canada nor the United States have a role to play beyond providing humanitarian aid. The two northern countries would not be welcomed by either side.
Copyright 2019 © Peter Lowry
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