Canadian Oil Dependency: Venezuela Changes Everything
Canadian oil dependency becomes urgent when the US seizes Venezuela’s heavy crude until debts get paid. Shane, Stefan Keyes, and Andrew Caddell examine what happens when American refineries process Venezuelan oil for cheap or free instead of buying Canadian supply. The question isn’t hypothetical anymore—where does Canadian oil go if refineries are busy with seized product?
The hosts discuss how pipeline conversations shifted in one week. BC voices that opposed pipelines now say “we need to do something now.” Stefan notes the desperation showing through: people who championed environmental priorities over pipelines suddenly want them built to protect jobs and food security. The Prime Minister travels to China seeking alternative trade partners after nine months of calling them a problem. Andrew points out the timing—is Canada giving up on the US relationship while shoring up backup options?
Discover why Venezuela’s seizure threatens Canadian oil markets immediately. Learn what changed pipeline opposition into pipeline urgency across Canada. Understand whether seeking China trade means abandoning US negotiations or building necessary alternatives.
China Trade Pivot: Nine Month Memory Problem
China trade pivot happens nine months after calling them a problem. Shane, Stefan Keyes, and Andrew Caddell examine the Prime Minister’s China visit seeking trade solutions with a country he recently identified as a threat. Michael Kovrig says it’s good to seek China trade but Canada must defend its values. Stefan asks whether cash becomes king when moral compass gets compromised for economic necessity.
The conversation shifts to Doug Ford pulling Crown Royal from Ontario shelves to protect jobs while simultaneously saying Mark Carney shouldn’t cut tariffs on Chinese EVs. Andrew points out the contradiction: you can’t stand on principle in one direction then flip when it doesn’t serve you. Shane raises the free market question—why not let Ontario consumers decide instead of government strong-arming businesses? Ford faces an impossible intersection of traditional vehicles, battery promises, and trade complications.
Discover why Canada seeks trade with China nine months after identifying them as a threat. Learn what happens when political principles flip based on economic convenience. Understand whether government market intervention serves citizens or creates interprovincial trade wars.
Originally aired on 2026-01-09
