Meanwhile, several Canadian oil and gas companies are taking a hit to their stock price. The Toronto Stock Exchange's energy index was down about 4.5 per cent by midday Monday. Shares of the largest oil and gas companies in the country are trading lower, including Suncor Energy at about four per cent, while Cenovus Energy and Canadian Natural Resources Ltd. dropped about seven per cent. Though stocks of Canadian energy companies are down, Schwartz said it’s likely an overreaction, noting it will likely take years to rebuild Venezuela’s energy sector infrastructure before production could noticeably increase. The weekend removal of President Nicolas Maduro is impacting oil markets, because the country has some of the largest oil reserves around the world.

In a chilly rebuke shared on Facebook, Vernon—Lake Country—Monashee MP Scott Anderson says the Liberals are “pulling out all the stops” to attract more Conservatives to their ranks. in December — leaving Prime Minister Mark Carney within one seat of the 172 needed for a majority in the House of Commons. Their departures drew sharp criticism from Conservative Leader Pierre Poilievre and other members of his caucus. Conservative Leader Pierre Poilievre rises during question period on Parliament Hill in Ottawa, Monday, Dec. 8, 2025. From 2017 to 2019, he served as interim leader of the province’s Conservative Party.

#TheMoment skydivers set a new formation recordNewsDuration 1:32Simon-Pierre Bouchard and Jean-François Denis, skydivers from Quebec, tell The National about the moment they helped set a new canopy formation record with 104 skydivers from around the world.

It’s like Amazon for hard drugs: cocaine, heroin and ecstasy, paid for with credit cards and e-transfers, delivered by Canada Post. John demonstrates for the CBC's Omar Dabaghi-Pacheco, right, how easy it is to purchase illegal drugs on the open internet. The Canada Post Corporation Act gives Canada Post the authority to inspect mail, other than letters, it suspects of containing illegal items including drugs. In 2024, Canada Post removed 5,662 illegal items from a total 240 million parcels. During the course of our investigation, the same sites selling illegal drugs on the open internet continued to pop up under different web addresses.

Rideau Canal Skateway fully opensNewsDuration 2:25The National Capital Commission opened the entire length of the Rideau Canal Skateway on Monday morning. CBC's Sannah Choi spoke with some of the first people to skate it.

With Nicolás Maduro removed from office, Delcy Rodriguez has become Venezuela’s interim president. On Saturday, Venezuela's high court ordered Rodríguez to assume the role of interim president, and the leader was backed by Venezuela's military. During the first Trump administration, Rodríguez was among a number of officials who faced U.S. sanctions. (Leonardo Fernandez Viloria/Reuters)It's too early to say if Rodríguez will pursues a rapprochement with the Trump administration or follow the same adversarial line as her predecessor. Vigil says it will take years to reverse the long decline of Venezuela's oil sector and that it's not clear how the Trump administration intends to move forward.

During her time in finance, it would be more accurate to say that Freeland made investments, rather than attracting them — at a high cost to taxpayers. Freeland’s role as special representative reportedly involves her working with Ukrainian and Canadian political and business leaders on a plan to rebuild the Ukrainian economy. Freeland met Zelenskyy in Ukraine in November to discuss Ukraine’s recovery. Since 2022, Canada has committed over $23.5 billion to help support Ukraine through economic, military, humanitarian, development, security, stabilization and immigration assistance. She went on to say that she will be stepping aside from her special representative role and relinquishing her seat in Parliament in the coming weeks.

Tension rises in Colombia after Maduro’s captureNewsDuration 3:10Uncertainty in Venezuela has crossed into neighbouring Colombia, especially after U.S. President Donald Trump suggested Colombian President Gustavo Petro could face U.S. action following the capture of Nicolás Maduro.

The challenge will be attracting major investment dollars from U.S. companies — no small feat considering the "monumental" amount required to fix Venezuela's broken oil industry, says Commodity Context oil analyst Rory Johnston. In the short term, more oil from Venezuela could be exported to the U.S. Gulf Coast instead of other foreign markets. If the U.S. does succeed in redirecting Venezuelan oil toward the Gulf Coast, China would presumably need to find barrels from another country. On Monday, Alberta Premier Danielle Smith emphasized that point, describing the urgency of building oil pipelines to export Canadian oil to new markets. Canada's oil production remains at record levels, but political turmoil is a variable that always weighs on — or boosts — oil prices, and that's unlikely to change in 2026.

Deposed Venezuelan President Nicolás Maduro pleaded not guilty on terrorism and drug-trafficking charges during his first appearance in a New York court on Monday. Maduro pleaded not guilty to the narco-terrorism, drug-trafficking and weapons charges the U.S. is using to justify Maduro's removal. The charges also apply to Maduro’s son, Nicolás Maduro Guerra, who denies the allegations, as well as three other people. Maduro to challenge legality of the caseAlthough the court appearance was brief — lasting about 30 minutes — Maduro’s defence offered a glimpse into their likely arguments. Legal battle could last a long timeMaduro's next court appearance is slated for March 17.

Prime Minister Mark Carney says he's not worried about the prospect of increased oil production from Venezuela challenging Canada's energy exports because Canadian oil is cheaper, cleaner and lower-risk. That makes Canadian oil competitive for the medium and long term, he added. After launching military strikes against Venezuela and arresting Venezuelan leader Nicolás Maduro, Trump said U.S. oil companies would go into the country, fix the oil infrastructure and oversee the industry. Those comments raised concerns that Venezuelan oil, a heavy crude similar to Canadian heavy bitumen, could displace Canada's exports to the U.S.WATCH | Carney reacts to U.S. move against Maduro, asked about potential impact on Canadian oil sector:Début du widget . Oil wealth will help Venezuelans, Carney saysCanada's oilsands produce nearly five million barrels of oil per day, the vast majority (new window) of which is exported to the U.S.

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The City of Cranbrook is now using drones to monitor former encampment sites and wooded areas where unhoused people were living amid public safety concerns in the East Kootenay community. But city officials say Cranbrook has been dealing with public safety issues far greater than typical for a small city, tied to homelessness, addiction and mental health. We’ve had people injured.”WATCH | Cranbrook uses drones for public safety monitoring: City of Cranbrook proactively addressing public safety through patrols, drones | Duration 1:43 Cranbrook is changing how it addresses issues of crime, homelessness, and open drug use. As the CBC’s Amber Wang tells us, the city says it's taking a proactive approach to public safety. City officials say new technology is being used as part of a broader shift toward more proactive public safety measures.