• Subscribe Now
  • Contact Us
  • Privacy Policy
  • About Us
facebook
linkedin
email
Unido Digital Media, LLC
  • BFSI
  • Energy
  • Infocom
  • Mining
  • Venture
  • Industry
  • Travel
  • Civic
  • Food, Health, Ag
  • Real Estate
  • ESG
  • Economy
  • Law & Justice
  • Interview
  • Analysis
  • Events
Justin Trudeau in Canada (Photo credit: Adam Scotti / PMO)

Canada Pledges $40 Million USD in Aid for Venezuelans

Posted On February 5, 2019
By : Jared Wade
Comment: Off
Tag: canada, Juan Guaidó, National Assembly, National Constituent Assembly, Nicolas Maduro, venezuela, Venezuela Crisis

Canadian Prime Minister Justin Trudeau has pledged $40 million USD (53 million CAD) in aid for Venezuelans.

Though the exact distribution plans have not been revealed, the funds will be used to “help those Venezuelans who have fled to neighboring countries in recent months due to an increasingly acute food shortage,” according to the Canadian Broadcasting Corporation (CBC).

The announcement came during a week when Canada was hosting a meeting of the Lima Group. The group is a regional body — which includes Canada, Colombia, and the majority of nations in South and Central America — that was established last year as a formal effort to coordinate a regional response to the ongoing crisis in Venezuela.

Immediately upon its creation, the group denounced the National Constituent Assembly legislative body that was established in 2017 by Venezuelan head of state Nicolas Maduro to usurp the National Assembly, the federal congress that had historically been in place and is now headed by Juan Guaidó.

The National Assembly remains the only high-ranking democratically elected organization in Venezuela that is recognized as legitimate by the Lima Group and many others across the world, including the United States.

In response to Maduro’s tactics to remain in power, virtually all the nations within the Lima Group have recognized Guaidó as the nation’s rightful leader.

Guiadó publicaly declared himself as the legitimate president during the mass protests in January that preceded Maduro being sworn in for a new term as president after winning an election last year that the international community has widely proclaimed to undemocratic and invalid.

“The international community recognized that there were not free and fair elections in Venezuela, and therefore Maduro is not the president of Venezuela in the eyes of the world and also in the eyes of Venezuelans,” said Trudeau this week.

Colombian President Iván Duque was among the many regional governmental leaders to recognized Guiadó as president. While at the World Economic Forum in Switzerland last month, Duque also called for Maduro to “step aside to help usher in a “transition towards democracy, so that the Venezuelan people will be freed from the dictatorship.”

Canada had previously allocated at least 2.2 million CAD for Venezuelan relief. The United States, European Union, and United Nations have been major donors to the Venezuelan diaspora as well, contributing tens of millions of dollars.

READ MORE: Colombian President Calls on Maduro to Step Down as Venezuelan Head of State

At least three million Venezuelans have fled their country in recent years, according to the United Nations. At least one million of those are living in Colombia.

Last December, the United Nations projected the overall exodus to hit 5.3 million before the end of 2019, with Colombia expected to become the host to an accumulated total of 2.2 million Venezuelans by that time if the crisis continues unabated.

DON'T MISS OUT: The only English-language Colombia news that's strictly business, markets, & investment!
Join global executives & investors by subscribing to our FREE weekly updates
Thank you for subscribing.
Something went wrong.
I agree to have my personal information transferred to MailChimp ( more information ) DISCLAIMER: Protección de Datos Personales Artículo 15 de la Constitución Política de Colombia, ley 1581 de 2012 y decreto 1377 de 2013.
We will never spam you or share your email address ¡Nunca Jamás!
About the Author
Jared Wade is an editor at Finance Colombia. He is a Bogotá-based journalist with 20+ years of experience covering topics including business, financial services, Latin America, and sports. You can contact him at jared.wade(at) financecolombia.com.
  • google-share
Previous Story

Colombian President Duque Calls on Maduro to Step Down, Recognizes Opposition Head as Venezuela’s Legitimate Leader

Next Story

Amid Border Stalemate, Colombia Hosts Star-Studded ‘Venezuela Aid Live’ Concert Featuring Maluma, Alejandro Sanz, Luis Fonsi

Related Posts

gold zonte metals gran colombia gold eco oro mineral corp
0

Aris Mining Posts 36% Year-Over-Year Gold Production Increase at Colombia Operations in Q1 2026

Posted On April 9, 2026
, By Loren Moss
Photo courtesy Frontera Energy Corporation.
off

Frontera Energy Reports Loss While Pursuing Divestiture of Exploration & Production Assets

Posted On March 23, 2026
, By Loren Moss
Daniel Giraldo - Photo: Liliana Padierna
off

Daniel Giraldo of FTI Consulting Unpacks The Significance of Colombia Joining China’s Belt & Road Initiative

Posted On December 8, 2025
, By Loren Moss

Search Finance Colombia

Watch this!

https://youtu.be/lIc5NnmSb94?si=IUOMJr7z8ZosHxsS

Listen to our Podcast

Sign up for the Finance Colombia Newsletter

We promise to never share your email address!
don't forget to include "https://"
* = required field
Your Background / Function








Search

RSS Bilingual & Remote Jobs

  • Agenda Manager - Do you want to break into international business but nobody will give you a chance? - Remote
  • Sales Associate - Kingston, Jamaica
  • Asset Manager - Madrid, Spain
  • Coordinador/a de calidad para La Unión 1626483143.1 - La Unión, Antioquia, Colombia
  • Técnico/a de Calibración Junior - Barcelona, Spain
  • Digital Analyst - Barcelona, Spain
  • Analista Seguimiento Refacciones
  • Director/a de operaciones para hotel, restaurante y discoteca 1626320364.60 - Medellín, Medellin, Antioquia, Colombia
  • ADAS Test Driver - Mexico City, CDMX, Mexico
  • Desarrollador fullstack - Bogotá, Bogota, Colombia

Categories

Sign up for the Finance Colombia Newsletter

We promise to never share your email address!
don't forget to include "https://"
* = required field
Your Background / Function








RSS Empleobilingue.com

  • Director/a de operaciones para hotel, restaurante y discoteca 1626320364.60 - Medellín, Medellin, Antioquia, Colombia
  • Coordinador/a de calidad para La Unión 1626483143.1 - La Unión, Antioquia, Colombia
  • Desarrollador fullstack - Bogotá, Bogota, Colombia
  • Technical Analyst - Remote
  • PIM Administrator - Ecommerce - Remote (Bogotá, Bogota, Colombia)
  • Auxiliar de gestión humana y bienestar para Girardota 1626060072.28 - Girardota, Antioquia, Colombia
  • Marketing Strategist
  • Trainer Manager - Bogotá, Bogota, Colombia
  • Tolemaida UH- 60 Inspector - Bogotá, Bogota, Colombia
  • Virtual Assistant - Team Lead - Remote

Contact Us

  • Subscribe Now
  • Contact Us
  • Privacy Policy
  • About Us
Copyright 2014-2023 Finance Colombia All Rights Reserved. We may earn commissions from qualifying purchases.
WhatsApp us