Today on On The Line, host Jen Gerson is joined by Heather Exner-Pirot, Director of Energy, Natural Resources, and Environment at the Macdonald-Laurier Institute, for a wide-ranging conversation about geopolitics, energy, and whether the sky is really falling.
Exner-Pirot does her level best to check some of Gerson’s winter blues as they work through the implications of the U.S. capture of Venezuelan President Nicolás Maduro. It’s grim news for Venezuela, and the conversation reflects growing evidence that Washington’s actions are being driven by a mix of greed, urgency, and a remarkably thin after-plan. Every passing hour seems to underline how little thought has gone into what comes next.
But while Gerson is deeply skeptical about American competence and intentions, Exner-Pirot is far less alarmed about what this episode means for Canada — particularly for Canadian energy and resource industries. In some respects, she’s even optimistic, arguing that U.S. policy has a tendency to swing hard before snapping back toward something more pragmatic once reality intrudes. Canada, she suggests, may ultimately benefit from that correction.
Gerson isn’t convinced, and she pushes hard on whether this faith in eventual American course-correction is warranted, or simply a comforting story Canadians tell themselves. It’s a sharp, good-faith disagreement about risk, realism, and how much trust Canada can afford to place in its closest ally during a period of global instability.
As always, we’ll leave it to you to decide who’s right.
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