Tuesday, June 26, 2007

Venezuelan engineers fleeing to the oilsands



FORT McMURRAY, Alberta -- Before he left Venezuela in April for this petroleum outpost in northern Alberta, Freddy Mendez heard tales about bone-chilling winter cold and lumbering moose. Since he's come to town, he's seen two black bears in his neighborhood. Still, the toughest adjustment is the late-night sun.
"You get a lot of work done when the sun doesn't set until 11," he says, stifling a yawn. "But it's so hard getting the kids to bed."
The 45-year-old engineer is part of a swelling colony of Venezuelan expats who say they were driven into exile by a hostile government.


(Subscription required to view the whole thing)


That's right, make fun of our wildlife and our extreme latitude. The american media can always be counted on to reinforce stereotypes about Canada, eh.


Frankly, given the labor crunch here, Venezuela's loss is our gain. Last year I was talking about the labor woes in the oil patch with a friend in California, to which he asked "Would you like some of our Mexicans?" My response was "If they can weld or drive a truck, sure!"


I suspect that the reason that we're importing Venezuelans is because we've run out of Newfies and Nova Scotians. Believe me, latin guitar music in our pubs will make a refreshing change from fiddles and sea shantys.


Dealbreaker's Joe Wiesenthal of course had some good points to make about the situation:


This story could be titled: More Evidence of the Deterioration of Venezuela Pt. 32492432. Apparently, a number of oil workers, particularly engineering types, have decided to leave Venezeula and head for the rough lifestyle of the Canadian oil sands, in Alberta. By all accounts, the conditions are terrible up there. Totally cold and miserable and unlike anything in warm Venezuela. Even the oil itself sucks, since it's mixed with sand and other non-oil elements that cost a fortune to remove. So the fact that folks are heading up to the great white north says something about how bad things have become back home. Undoubtedly, Chavez still believes that the industry can just be run by "the people" as long as it's only goal is to serve the people, but we're guessing it won't be so easy. Meanwhile, these expats flocking to Canada must be turning their money into Canadian dollars, which only pushes up that currency's value, bringing it closer to US dollar parity. Hopefully they're sending back remittances and thus reconverting.


Despite his lame stereotype about our weather (it may be true, but it's still a stereotype), he's more or less on point about our resource economy continuing to push the CAD$ towards parity with the US$, no matter how unwillingly.

Sphere: Related Content

1 comment:

Unknown said...

Go North, Young Entrepreneur!

Just remember what our bro' Valdy sang;

"When you wake up north of 60 boy, you're really across the line..." lyrics from "Streets of Whitehorse" by Valdy

Shalom
*It's a dry cold!*