Venezuela’s regime change could eventually undercut Canadian heavy oil – but for now, the real risk for investors is long‑term price pressure, not a sudden supply shock. US President Donald Trump ordered a strike that removed Venezuelan leader Nicolás Maduro and brought him to New York on narco‑terrorism charges, according to CNBC. Trump said the United States would “run” Venezuela “until such time as we can do a safe, proper and judicious transition,” while Secretary of State Marco Rubio later insisted Washington would not manage the country day to day and would focus instead on enforcing an “oil quarantine,” as per CBC News.

Venezuelans in Canada react to Maduro captureNewsDuration 2:10Many Venezuelans in Canada celebrated the capture of President Nicolas Maduro, but excitement was tempered by uncertainty and concern over what U.S. President Donald Trump could do next.

What U.S. ouster of Maduro could mean for Venezuelan — and Canadian — oilNewsDuration 6:54President Donald Trump announced U.S. plans to revitalize Venezuela's oil industry following its ouster of leader Nicolás Maduro. Heather Exner-Pirot, director of energy, natural resources and environment at the Macdonald-Laurier Institute, discusses Venezuela's oil infrastructure, why Trump's plan faces major hurdles and what this could mean for Canadian energy.

Recapping Sunday’s action, the Sharks re-sign Alexander Wennberg, injury updates, and more in today’s NHL Morning Coffee Headlines. Andre Burakovsky collected two assists as the Blackhawks are 3-0-1 in their last four games, improving their record to 17-18-7. Scott Wedgewood made 23 saves, and Artturi Lehkonen replied for the Avalanche (31-3-7), who lead the league with 69 points. SPECTOR’S NOTE: Avalanche captain Gabriel Landeskog left this game in the second period with an upper-body injury after crashing into the Panthers’ net. After the game, Avalanche coach Jared Bednar said Landeskog is going to miss some time.

Ukrainian President Volodymyr Zelenskyy has appointed Liberal MP Chrystia Freeland as an economic development adviser, citing her experience in attracting investment. Freeland already serves as Canada's special representative for the reconstruction of Ukraine. "One cannot be a Canadian MP and an adviser to a foreign government," said Conservative foreign affairs critic Michael Chong. Carney pledges $2.5B for UkraineThe source said Zelenskyy would like Freeland to organize an international advisory council on the reconstruction of Ukraine. After Putin invaded Ukraine in 2022, she was a leading proponent among Ukraine's allies for freezing some Russian assets.

The NHL's department of player safety suspended Calgary Flames forward John Beecher and Winnipeg Jets defenceman Logan Stanley one game each Sunday for separate roughing incidents. The bare-knuckle punch occurred moments after McCarron dropped his gloves and began swinging on Beecher as a scrum ensued near the Flames bench. Beecher, 24, received a roughing minor and a 10-minute misconduct at the time. The 27-year-old Stanley was assessed a roughing minor and an illegal equipment minor while Tkachuk, who was furious after receiving the blow, was given a 10-minute misconduct. Beecher has played 155 games, while Stanley has suited up in 242.

Late last year, following a visit by Prime Minister Mark Carney to the Middle East, Transport Minister Steven MacKinnon announced the expansion of air transport agreements with Saudi Arabia and the United Arab Emirates. The reciprocal deal will allow Canadian carriers to send the same amount of flights to the Middle East. in past years after diplomatic spats over human rights issues and a lack of reciprocal benefits for Canada’ airlines. A CBC News story suggests that the expanded air agreements will put pressure on Canadian airlines, as they try to compete with the services offered by Middle East carriers. In mid-November, Air Canada and Emirates expanded a previous three-year strategic partnership until 2032.

“The government (is) actually getting more synchronized with what private investors are looking for,” said Emond, who leads the $496-billion Caisse de dépôt et placement du Québec . Instead of dreading a threat of quotas, pension funds are now bringing their ideas to the government. Under the program, the Australian government raised more than $23 billion AUD to fund new infrastructure projects by selling or leasing assets that were already producing returns to pension funds. Notably, the Caisse de dépôt and another Canadian pension fund, the Ontario Municipal Employees Retirement System (OMERS), participated in the Australian program, buying stakes in assets from electricity transmission to ports. Transport Canada also owns and operates a number of smaller airports in British Columbia, Manitoba, Quebec and Newfoundland.

Montrealers condemn and celebrate removal of Venezuela’s Nicolás Maduro in separate ralliesNewsDuration 2:00Two separate rallies were held in Montreal on Sunday following the forceful removal of Venezuela’s Nicolás Maduro. One protest denounced what it described as the United States’ “imperialist” behaviour and the other one saw Venezuelans celebrating Maduro's ouster.

Premier Susan Holt says she’d still like to find a different site for a controversial natural gas power plant now planned for a rural area in Tantramar. Power chose the Tantramar site for the power plant because it is close to both existing transmission lines and the Maritimes and Northeast natural gas pipeline, from which it will draw gas to power its turbines. Holt also did not provide a clear answer when she was asked if she had confidence in N.B. Advertisement AdvertisementAdvertisement AdvertisementThe utility chose the Tantramar site because it is close to both existing transmission lines and the Maritimes and Northeast natural gas pipeline, from which it will draw gas to power its turbines. Holt said this urgency has put the province “between a rock and a hard place” with the gas plant, which is intended to generate backup power for new wind and solar generation that N.B.

Airlines in Canada could soon be under pressure from customers to improve their services as the federal government opens its skies to more competition from the Middle East. The reciprocal deal will allow Canadian carriers to send the same amount of flights to the Middle East. Countries including in the Middle East are trying to reach the "gold standard" with Canada, Gradek said. "I think you'll see much more presence by the Middle East carriers." Ottawa is allowing more flights from airlines in the Middle East including Saudia Airlines.

Among the Ottawa-area criminal cases set for trial in 2026 are the accused murder of a woman whose disappearance went unsolved for decades, and the alleged bounty killings of two brothers in a strip mall parking lot. Six weeks have been set aside to hear the case against Abdullahi "Avon" Osman and Ahmed "Baby Dice/Dice/Dicey" Siyad. (CBC)Rodney Nichols, now 83 years old, has two months of trial dates before a judge and jury starting in late March. Gavin Chisholm, 25, is set to stand trial before a judge and jury for six weeks starting in August. Class action continuesA big civil case is also being continued in court in March: the $215-million Metro Taxi class-action lawsuit against the City of Ottawa.

An Uber driver in the United Kingdom reportedly kicked out a Jewish camper and staff member in the middle of the night after initiating a conversation about Israel and Judaism. The incident occurred last month, on Dec. 26 around 3:10 a.m., on Ashbourne Rd. in Cheadle, a village just south of Manchester, Staffordshire Police told National Post in an emailed statement. Authorities said they were notified about it by a third party. The driver “became aggressive with a passenger, a man, and asked the man and a child to get out of a taxi following a conversation about religion,” police...

The leaders of Denmark and Greenland on Sunday urged U.S. President Donald Trump to stop threatening to take over Greenland, after he reiterated his wish to do so in an interview with The Atlantic magazine. The U.S. has no right to annex any of the three countries in the Danish Kingdom," Danish Prime Minister Mette Frederiksen said in a statement on Sunday. Trump told the magazine: "We do need Greenland, absolutely. Trump has advocated for Greenland, a self-governing Danish territory, to become part of the United States. Greenland, a former Danish colony, has the right to declare independence under a 2009 agreement but depends heavily on Danish subsidies.

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