Venezuelan President Nicolas Maduro’s regime is not renewing Ottawa's diplomatic visas.
Opposition leader Juan Guaidó called for an uprising against the government, triggering a wave of mass demonstrations.
A re-building plan following the country's "democratic transition" is also in the works, Freeland said.
Canada is not concerned about human rights or democracy, but rather regional interests and economic interests.
The country's leader is refusing to step down.
"For years now, we've witnessed the breakdown in democracy in Venezuela."
Canada will be meeting with its Lima Group allies.
Freeland praised Canadian diplomats in Caracas, who helped organize the opposition behind 'acting president' Juan Guaido.
Canada accused Nicolas Maduro of seizing power through fraudulent elections last May.
The May 20 election of Nicolas Maduro has already attracted widespread condemnation