@yourmorningctv: U.S. President Donald Trump is taking aim at Canada’s oil industry after agreeing to what he describes as the ‘biggest oil deal in history.’ The historic deal with Venezuela gives the U.S. a major stake and partial ownership of Venezuela’s oil reserves. And after it was signed - President Trump shared an article saying the deal with Venezuela puts ‘OPEC and Canada on notice.’ For a closer look at what this deal could mean here in Canada – we spoke with Richard Masson, former CEO for The Alberta Petroleum Marketing Commission. #Canada #USA #Venezuela #Oil #Petroleum

CTV Your Morning
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Region: CA
Monday 31 August 2026 16:54:44 GMT
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lindylou4391
Vikinggal🇨🇦 :
Yet none of this corrosive oil can go into the strategic reserve. Most of what trump says is a lie!
2026-09-01 15:03:34
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careerintheclouds444
🇨🇦 :
Lies, propaganda. This will have no effect on Canadian Oil.
2026-09-02 02:00:14
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spaguyster
Spaguyster 🇨🇦🤫✌️ :
We know Venezuela needs to import oil in order to thin to transport its heavy crude, and then it is very expensive to process. The landed cost will be significantly more expensive to the US than Canadian oil.
2026-08-31 18:16:03
4
lrelee
Laurie🇨🇦 :
Go watch Mr Global explain this.
2026-08-31 17:57:35
35
michaelpacheco700
michaelpacheco700🇨🇦 :
This sounds sketchy. Maga sounds like a great investment opportunity 👍
2026-09-01 00:50:16
0
guilt_free_zone_lol
guilt_free_zone_lol :
Sounds like more grift
2026-09-02 10:06:11
0
syd_ops
syd_🤟🏻 :
Well turn off the oil and gas in the meantime and watch them suffer 🤷🏼‍♀️if our government wasn’t so lazy and had allowed for refineries to be built here so we are self sufficient
2026-08-31 18:19:04
8
walterchaingang
Walterchaingang :
it'll take a decade to get that oil out of the ground and to us soil 😅
2026-08-31 17:54:35
8
sadcanada
Oscar :
who is this guy? more cbc propaganda.
2026-08-31 17:57:53
8
bomanagram
bomanagram 🇨🇦 :
“Deal” is a funny word for pillaging.
2026-08-31 18:42:46
11
vancitylos
Carlos. 🇨🇦 🇵🇹 :
Lol meanwhile it's gonna take a decade to start even developing those fields.
2026-08-31 23:15:53
6
kbg7778
KBG7778🇨🇦🍁 :
That’s a joke because it will take years to get that oil. Even the oil companies don’t want to be bothered with it.
2026-08-31 22:29:37
1
paulwrenshall
Paul Wrenshall :
We know everything we need to know about this. The media just won’t report what actually happened. They keep pretending that Trump didn’t invade Argentina and take their oil.
2026-08-31 18:16:37
3
bambamdad69
bambam dad :
maybe carney shouldn't have backed out 🤔🤔🤔
2026-08-31 18:29:43
6
houbenator69
Not Real Name 🇨🇦 :
Assuming any of this even comes to fruition, they will never be able to put any of this oil in the strategic reserve because it will destroy that cavern. Its probably at least a decade away before anything meaningful even happens and thats assuming Venezuela doesn't have some sort of uprising between now and then and takes there oil fields back. For Canada, we should assume they will have oil coming out of the ground in 10 years and take the next 10 years to get as many pipelines built as we can with the primary goal of getting our oil exported to other markets.
2026-08-31 18:03:11
4
nic6867
Nicholas :
there's absolutely no way that 65 billion barrels available today the infrastructure of Venezuela's oil fields is a disgrace they won't be able to get anywhere near it anything out of that for at least five to seven years cuz the infrastructure just isn't in place
2026-08-31 19:32:45
3
drthvdr2k
Lrdv8dr🇨🇦 :
more money funneling schemes by the orange felon to pad bis pockets I'm sure.
2026-08-31 17:58:39
3
down2earthns
down2earthns :
2026-08-31 21:10:19
0
pricetwjzbp
Jason :
ctv trying hard to spread fear in canada for the liberals when if you listen to anyone who has a clue this has little to do affect on Canada 🤣🤣
2026-08-31 19:16:52
3
grimreaper548
GrimReaper :
notice that Trump always does something or says something about canada just before an election or by-election
2026-09-01 01:44:53
1
codd_66
user6313598096072 :
2026-08-31 20:46:36
1
fhanvey
fhanvey :
its all BS, we know that much
2026-08-31 18:51:53
1
luckydloreto
LuckyDloreto :
Venezuelan oil needs expertise….those oil fields need major repairs and upkeep..and future investment. Venezuelan govt needs to be smart….Let US in for a few years..develop the industry…then kick them out in 10 years🙂
2026-08-31 17:02:15
1
britishbulldog1985
! :
We KNOW CANADA IS JUST CRYING AND NOT ACTUALLY HELPING ITS PEOPLE.....
2026-08-31 20:49:16
0
chrisnoor325
Chris Noor :
Yeah, but it eases the tension in the region, like Trinidad and Guyana, which are also supplying America with their oil and gas.
2026-08-31 17:59:52
0
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