Caracas is 1 hour ahead of Ottawa
Best overlap: 8:00 AM to 5:00 PM in Ottawa is 9:00 AM to 6:00 PM in Caracas.
Both teams are at their desks between 8:00 AM to 5:00 PM in Ottawa and 9:00 AM to 6:00 PM in Caracas. 9 hours of shared hours is more than enough — slot meetings wherever they're most convenient for the people involved. A quick caveat — Ottawa's clocks move for daylight saving and Caracas's don't, so the times here are right for only part of the year.