Cuban Deputy Foreign Minister urges Canada to support the Cuban regime, citing potential losses for Canadian companies due to the US embargo and Cuba's economic woes. The article discusses Cuba's energy crisis, the impact of US sanctions, Canadian investment considerations, and the debate over providing aid to Cuba.
Cuba n Deputy Foreign Minister Carlos Fernandez de Cossio Dominguez on Friday sought to convince Canada to prop up the fading Communist regime in Havana, arguing that Canadian companies could lose billions from nullified contracts if the regime falls.
“Despite the fact that we do not have a coincidence in all the political and international positions, we have always known how to solve our problems, our differences, and work with them based on dialogue and based on mutual respect,” he said. The Cuban official blamed America’s energy blockade for starving Cuba of the fuel it needs for “everything from energy for hospitals, for homes, for education, for industry, for the production of food, for agriculture, for transportation, for medical care, for the livelihoods of people.” De Cossio claimed Cuba’s infamous nationwide blackouts are “not a result of Cuban inefficiency, not as the result of Cuba mismanagement of the electrical grid, but because the United States is depriving Cuba of fuel.” De Cossio, formerly Cuba’s ambassador to Canada, was responding to Ottawa warning Canadian firms away from making new investments in Cuba last week, due to the island’s “ongoing liquidity crisis” and the collapse of its power grid. “While opportunities exist, Cuba is not a suitable market for first-time exporters or companies seeking quick sales. In a context marked by a deep economic crisis, the main challenge for foreign companies is securing payment,” the Canadian trade commission The Canadian statement went out of its way to praise Cuba’s long history of doing business with Canada, and it applauded the Communist police state for making moves toward privatization over the past few years, but noted that “imports must still be handled through state-run specialized foreign trade companies” which often demand lengthy payment terms for their letters of credit. Cuba’s private companies, on the other hand, usually pay in full — but they often employ “intermediaries or relatives abroad, which can raise transparency and compliance concerns.” “Over the medium to long term, Cuba may offer opportunities for experienced investors willing to manage higher risks in exchange for long-term potential, provided reliable offshore payment mechanisms can be secured,” the Canadian bulletin said. At the beginning of 2026, Canada effectively ended its program for helping Canadian businesses get established in Cuba due to “a convergence of rising financial risk and deteriorating economic conditions.” they were disappointed in Ottawa for not doing enough to prop up the tottering Communist tyranny in Havana. “For three months, we’ve been asking the Canadian government to do something to help the crisis in Cuba,” said Julio Fonseca of the Canadian Network on Cuba. “One of the first things it should do is to denounce the injustice of the blockade on the Cuban people for more than 65 years, which is nothing else but collective punishment on an innocent population with the goal of toppling its constitutional government,” Fonseca advised. The Canadian foreign ministry said last week that it would consider providing “financial support to experienced organizations” to alleviate civilian suffering in Cuba, including agencies of the United Nations such as UNICEF and the World Food Program . Such measures fall far short of the direct support for the regime desired by its apologists. Any meaningful support would have to include a supply of fuel to offset what Cuba lost from Venezuela after the fall of narco-terrorist dictator Nicolás Maduro. The Russians may, or may not, be attempting to challenge President Donald Trump’s blockade with a Hong Kong-flagged tanker full of fuel for Cuba, although on Friday the tankerfor the “middle powers” of the world to unite in a post-American world order at the World Economic Forum in Davos, Switzerland in January. “The Davos speech set high expectations. These are now, however, fading as Carney’s government wavers in sending robust aid to the people of Cuba and in denouncing the most recent unlawful coercive measures imposed by the U.S.,” the Carleton article said mournfully, noting that Canada lacks the power and money to offer the kind of rescue desired by supporters of Cuban Communism, and that for all of his bluster, Carney is afraid to provoke “American retaliation.”Record Revealed: Cornyn's Confirmations of Biden Judges Plague Trump AgendaIsraeli PM Netanyahu: Potential Iran Deal Raised by Trump Would Protect Israel’s ‘Vital Interests’Schiff: Trump Losing Credibility as Commander-in-Chief
Cuba Canada US Sanctions Economic Crisis Foreign Policy
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cuban deputy FM reacts to Trump’s threats to take over Cuba: Full interviewThis is additional taxonomy that helps us with analytics
Read more »
Cuban Official Reacts to Trump Saying He’ll Have ‘Honor of Taking Cuba’The White House’s campaign has included an executive order threatening tariffs on countries that send oil to Cuba.
Read more »
Far-left activists stay in 5-star Cuban hotel as island suffers total blackoutFox News Channel offers its audiences in-depth news reporting, along with opinion and analysis encompassing the principles of free people, free markets and diversity of thought, as an alternative to the left-of-center offerings of the news marketplace.
Read more »
Cuban military ‘preparing’ for US aggression, deputy foreign minister saysLast week, Cuban President Miguel Diaz-Canel warned that an attempt to force a regime change would result in “impregnable resistance.”
Read more »
Cuban official reveals military 'preparing' for conflict after Trump considers 'taking' islandFox News Channel offers its audiences in-depth news reporting, along with opinion and analysis encompassing the principles of free people, free markets and diversity of thought, as an alternative to the left-of-center offerings of the news marketplace.
Read more »
Canadian Companies Fear Major Losses if Cuban Communist Regime FallsSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »