Scotiabank CEO says invasion of Venezuela is “a good thing”

Big business in Canada has no problem with Trump digging his boot into Latin America… as long as they get their cut.
  • Marco L., Toronto
  • Mon, Feb 2, 2026
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On Jan. 6 Scotiabank CEO Scott Thomson spoke at a conference of bankers:

“You’re moving all these governments from left to right, or centre-right, and then you’re seeing more U.S. influence, which plays very well to our Western Hemisphere strategy. There should be or could be some bumps along the way here… but longer-term, this is a good thing for the Western Hemisphere, it’s a good thing for the U.S., it’s a good thing for the Bank of Nova Scotia.”

Big business in Canada has no problem with Trump digging his boot into Latin America… as long as they get their cut.

-Marco L., Toronto