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Or sign-in if you have an account.Several Canadian companies in the gold and oil production sectors are pursuing or have expressed interest in opportunities in Venezuela. Photo by YURI CORTEZ/AFP via Getty ImagesCanadian diplomats travelled to Venezuela last week as Mark Carney’s government mulls restoring formal ties after the United States operation to remove President Nicolás Maduro.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountorTwo Canadian government officials visited Caracas in part to assess the embassy building, according to people familiar with the matter. It has been closed since 2019, when Canada formally recognized opposition leader Juan Guaidó as the legitimate president.Maduro stayed in power until he was forcibly removed by the U.S. military in January. His vice president, Delcy Rodríguez, was installed as acting president.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try again“Canada continues to evaluate the evolving situation in Venezuela, including whether conditions exist for the reestablishment of a physical diplomatic presence in the country,” Global Affairs Canada, the government department that manages diplomatic relations, said in a statement.“As part of this effort, Canada may undertake periodic official diplomatic travel to Venezuela, as has occurred recently.”Carney called Maduro’s removal “welcome news” in January, while adding that Canada stands by the Venezuelan people’s right to “build their own future in a peaceful and democratic society.”A Global Affairs Canada official told a parliamentary committee in March that the country will only reopen its embassy if Venezuelan authorities properly accredit Canadian diplomats with legal protections to help ensure their safety.Several Canadian companies are pursuing or have expressed interest in opportunities in Venezuela, including firms with the technical expertise needed to help revive the country’s neglected oil fields. TSX-listed Gold Reserve Ltd. is also seeking a way to take back valuable gold deposits that were seized by the Venezuelan government.Canada weighed restoring ties in 2023 amid an effort by the Biden administration to push Maduro into holding free and fair elections. Join the Conversation This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.