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Venezuelans take to streets as uprising attempt sputters
CARACAS, Venezuela — Venezuelans heeded opposition leader Juan Guaidó’s call to fill streets around the nation Wednesday but security forces showed no sign of answering his cry for a widespread military uprising, instead dispersing crowds with tear gas as the political crisis threatened to deepen.
Thousands cheered Guaidó in Caracas as he rolled up his sleeves and called on Venezuelans to remain out in force and prepare for a general strike, a day after his bold attempt to spark a mass military defection against President Nicolas Maduro failed to tilt the balance of power.
“It’s totally clear now the usurper has lost,” Guaidó proclaimed, a declaration belied by events on the ground.
Across town at the Carlota air base near where Guaidó made his plea a day earlier for a revolt, intense clashes raged between protesters and troops loyal to Maduro, making clear the standoff would drag on. There and elsewhere, state security forces launched tear gas and fired rubber bullets while bands of mostly young men armed with makeshift shields threw rocks and set a motorcycle ablaze.
“I don’t want to say it was a disaster, but it wasn’t a success,” said Marilina Carillo, who was standing in a crowd of anti-government protesters blowing horns and whistles.
Opposition leaders hoped Guaidó’s risky move would stir a string of high-ranking defections and shake Maduro’s grip on power. But only the chief of Venezuela’s feared intelligence agency broke ranks, while most others stood steadfast. Some analysts predicted that would make Maduro more emboldened.
The dramatic events could spell even more uncertainty for Venezuela, which has been rocked by three months of political upheaval since Guaidó re-energized a flagging opposition movement by declaring himself interim president, saying Maduro had usurped power.
Now the struggle has heightened geopolitical dimensions, with the United States and more than 50 other nations backing Guaidó as Venezuela’s legitimate president and Maduro allies like Russia lending the beleaguered president military and economic support.
U.S. National Security Adviser John Bolton said Wednesday that Maduro is surrounded by “scorpions in a bottle” and that key figures among his inner circle had been “outed” as dealing with the opposition.
The United States contends Maduro had been ready to flee Tuesday, an airplane already on the tarmac, but was talked out of it by Russian advisers.
Maria Zakharova, a spokeswoman for Russia’s Foreign Ministry, said such assertions were part of a “global information and psychological war against Venezuela and Caracas.”
“There is no proof there was a Russian plane there,” she said. “The U.S. is big on Venezuela and wants to bring this to an end but that cannot do that.”
Protesters like Beatriz Pino, who took to the streets Wednesday waving flags and banging pots and pans, said they weren’t entirely surprised by the military’s response to Guaidó. She said the late President Hugo Chavez politicized Venezuela’s military as he installed a socialist system. Despite the setback, she said she remained committed to the opposition’s call for protest.
“We can’t leave the streets,” she said. “We’ve been in this for years.”
As the standoff drags on, life is becoming even more difficult for Venezuelans, who are struggling with hyperinflation that has rendered salaries worthless as well as severe shortages of food and medicine that have driven about 3 million people to flee the country in recent years.
“We need to get out of this tragedy,” said Ana Camarillo, a housewife.
David Smilde, a Venezuela expert, said the opposition’s thus far unsuccessful attempt to trigger an uprising should provoke a round of reflection.
“Given the balance of power within Venezuela and the geopolitical struggle around it, they need to engage in real politics and real negotiations to move this conflict to a different place,” he said.
At a large pro-Maduro rally Wednesday, ruling party leader Diosdado Cabello said that “as a bloc” Venezuela’s military remained intact and united behind Maduro. He likened opposition leaders to “walking zombies.”
Luis Scott was among those wearing bright red shirts in solidarity with the socialist government and said he
“We are fighting for our freedom,” the fisherman said.
While Maduro maintains a devout core of fervent supporters first inspired by Chavez, attendance at such shows of support is viewed as a requirement of their jobs.
At the Plaza Francia in Caracas’ Altamira
“The fight is down there!” he said, gesturing to the direction of a military base.
Mayor Gustavo Duque said the Salud Chacao medical
Maduro appeared at the socialist party rally Wednesday afternoon, saying U.S. leaders had been fooled by the opposition into believing he was about to flee Venezuela. He said the Trump administration was part of a “pot of lies” and likened the ordeal to “fake news.”
He promised to put all conspirators behind bars.
“Sooner or later they’ll go to jail and pay for their betrayal and their crimes,” he said.
Giancarlo Morelli of the British analysis group Economist Intelligence Unit said Maduro faces peril whatever path he takes with Guaidó over the uprising attempt.
“Failing to arrest Mr. Guaidó would be perceived as an important sign for weakness from Mr. Maduro,” Morelli said. “But arresting Mr. Guaidó risks a strong counter-reaction from the U.S.,” which has been ratcheting up sanctions.
For many Venezuelans, the turmoil has become an almost normal state of affairs.
Johanns Davila walked his dog along a street in the capital littered with shotgun shells, tear gas canisters and a charred motorcycle, the remnants of skirmishes between the opposition and state security.
“We need to get people out and recover the country,” Davila said.
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Associated Press writers Christine Armario in Cucuta, Colombia, Fabiola Sanchez and Jorge Rueda in Caracas contributed to this report.
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This story deletes extraneous ‘against’ in 4th paragraph.
Scott Smith And Christopher Torchia, The Associated Press
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Taxpayers Federation calling on BC Government to scrap failed Carbon Tax
From the Canadian Taxpayers Federation
By Carson Binda
BC Government promised carbon tax would reduce CO2 by 33%. It has done nothing.
The Canadian Taxpayers Federation is calling on the British Columbia government to scrap the carbon tax as new data shows the province’s carbon emissions have continued to rise, despite the oldest carbon tax in the country.
“The carbon tax isn’t reducing carbon emissions like the politicians promised,” said Carson Binda, B.C. Director for the Canadian Taxpayers Federation. “Premier David Eby needs to axe the tax now to save British Columbians money.”
Emissions data from the provincial government shows that British Columbia’s emissions have risen since the introduction of a carbon tax.
Total emissions in 2007, the last year without a provincial carbon tax, stood at 65.5 MtCO2e, while 2022 emissions data shows an increase to 65.6 MtCO2e.
When the carbon tax was introduced, the B.C. government pledged that it would reduce greenhouse gas emissions by 33 per cent.
The Eby government plans to increase the B.C. carbon tax again on April 1, 2025. After that increase, the carbon tax will add 21 cents to the cost of a litre of natural gas, 25 cents per litre of diesel and 18 cents per cubic meter of natural gas.
“The carbon tax has cost British Columbians a lot of money, but it hasn’t helped the environment as promised,” Binda said. “Eby has a simple choice: scrap the carbon tax before April 1, or force British Columbians to pay even more to heat our homes and drive to work.”
If a family fills up the minivan once per week for a year, the carbon tax will cost them $728. The carbon tax on natural gas will add $435 to the average family’s home heating bills in the 12 months after the April 1 carbon tax hike.
Other provinces, like Saskatchewan, have unilaterally stopped collecting the carbon tax on essentials like home heating and have not faced consequences from Ottawa.
“British Columbians need real relief from the costs of the provincial carbon tax,” Binda said. “Eby needs to stop waiting for permission from the leaderless federal government and scrap the tax on British Columbians.”
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The problem with deficits and debt
From the Fraser Institute
By Tegan Hill and Jake Fuss
This fiscal year (2024/25), the federal government and eight out of 10 provinces project a budget deficit, meaning they’re spending more than collecting in revenues. Unfortunately, this trend isn’t new. Many Canadian governments—including the federal government—have routinely ran deficits over the last decade.
But why should Canadians care? If you listen to some politicians (and even some economists), they say deficits—and the debt they produce—are no big deal. But in reality, the consequences of government debt are real and land squarely on everyday Canadians.
Budget deficits, which occur when the government spends more than it collects in revenue over the fiscal year, fuel debt accumulation. For example, since 2015, the federal government’s large and persistent deficits have more than doubled total federal debt, which will reach a projected $2.2 trillion this fiscal year. That has real world consequences. Here are a few of them:
Diverted Program Spending: Just as Canadians must pay interest on their own mortgages or car loans, taxpayers must pay interest on government debt. Each dollar spent paying interest is a dollar diverted from public programs such as health care and education, or potential tax relief. This fiscal year, federal debt interest costs will reach $53.7 billion or $1,301 per Canadian. And that number doesn’t include provincial government debt interest, which varies by province. In Ontario, for example, debt interest costs are projected to be $12.7 billion or $789 per Ontarian.
Higher Taxes in the Future: When governments run deficits, they’re borrowing to pay for today’s spending. But eventually someone (i.e. future generations of Canadians) must pay for this borrowing in the form of higher taxes. For example, if you’re a 16-year-old Canadian in 2025, you’ll pay an estimated $29,663 over your lifetime in additional personal income taxes (that you would otherwise not pay) due to Canada’s ballooning federal debt. By comparison, a 65-year-old will pay an estimated $2,433. Younger Canadians clearly bear a disproportionately large share of the government debt being accumulated currently.
Risks of rising interest rates: When governments run deficits, they increase demand for borrowing. In other words, governments compete with individuals, families and businesses for the savings available for borrowing. In response, interest rates rise, and subsequently, so does the cost of servicing government debt. Of course, the private sector also must pay these higher interest rates, which can reduce the level of private investment in the economy. In other words, private investment that would have occurred no longer does because of higher interest rates, which reduces overall economic growth—the foundation for job-creation and prosperity. Not surprisingly, as government debt has increased, business investment has declined—specifically, business investment per worker fell from $18,363 in 2014 to $14,687 in 2021 (inflation-adjusted).
Risk of Inflation: When governments increase spending, particularly with borrowed money, they add more money to the economy, which can fuel inflation. According to a 2023 report from Scotiabank, government spending contributed significantly to higher interest rates in Canada, accounting for an estimated 42 per cent of the increase in the Bank of Canada’s rate since the first quarter of 2022. As a result, many Canadians have seen the costs of their borrowing—mortgages, car loans, lines of credit—soar in recent years.
Recession Risks: The accumulation of deficits and debt, which do not enhance productivity in the economy, weaken the government’s ability to deal with future challenges including economic downturns because the government has less fiscal capacity available to take on more debt. That’s because during a recession, government spending automatically increases and government revenues decrease, even before policymakers react with any specific measures. For example, as unemployment rises, employment insurance (EI) payments automatically increase, while revenues for EI decrease. Therefore, when a downturn or recession hits, and the government wants to spend even more money beyond these automatic programs, it must go further into debt.
Government debt comes with major consequences for Canadians. To alleviate the pain of government debt on Canadians, our policymakers should work to balance their budgets in 2025.
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