Caribbean-Canadian mortgage lender on Growth 500 list…. again

Caribbean-Canadian mortgage lender on Growth 500 list…. again

By Stephen Weir Canadian Business and Maclean’s Magazine have just issued their 31st annual Growth 500 rankings.  This is the industry bible of Canada’s fastest-growing companies. Caribbean Canadian Matrix Mortgage Global, the reigning two-time Brokerage of the Year (2018 & 2019) was ranked for a second consecutive year with 5-year revenue growth from 2013 to 2018 of 513% landing […]

Message from CARICOM Chairman Allen M. Chastanet on The Bahamas regarding Hurricane Dorian

Message from CARICOM Chairman Allen M. Chastanet on The Bahamas regarding Hurricane Dorian

Today, the hearts of the people of the Caribbean are heavy.  Once again one of our Caribbean Community (CARICOM) Member States has been devastated by a dangerous hurricane as our Region continues to experience the effects of climate change. Initial reports from The Bahamas indicate that the country has taken a severe battering from Hurricane […]

Jamaica Stock Exchange is running hot and Canada wants in

Jamaica Stock Exchange is running hot and Canada wants in

By Stephen Weir   Call it JamStock, an evening love-in for Jamaicans Canadians with money to invest.  Last week the Jamaica Canadian Association’s meeting hall was jammed to the walls with Torontonians eager to learn how to get in bed with the Jamaican Stock Exchange (JES). The JES has been around for fifty years, but […]

Yet another oil find in Guyana

Yet another oil find in Guyana

GEORGETOWN, Guyana – UK-based Tullow Oil has struck liquid gold in Guyana. Director of the Department of Energy Dr Mark Bynoe announced last week that Tullow Oil Plc’s wholly owned subsidiary Tullow Guyana B.V. has discovered oil in commercial quantities at the Jethro-1 exploration well, drilled in the Orinduik Block offshore Guyana. The Jethro-1 well […]

SNC, Canadian mining companies, and Foreign Policy

Editorial SNC, Canadian mining companies, and Foreign Policy In 2015 the RCMP charged SNC Lavalin, the Montreal-based multinational corporation, with bribery and corruption when they found that SNC had offered bribes of over $47 million to Libyan officials between 2001 and 2011. Last week the office of the ethics commissioner stated that Prime Minister Justin […]

Denham Jolly’s $312,000 gift leaves JCA mortgage free

Denham Jolly’s $312,000 gift leaves JCA mortgage free

Last Saturday the Jamaican Canadian Association (JCA) held its annual gala to celebrate Jamaica’s 57th year of Independence. Unbeknownst to the attendees, the JCA was about to receive possibly the largest gift since the association came into being. Jamaican-Canadian businessman Denham Jolly wrapped up his 25-minute keynote speech with the announcement that he will pay […]

OECS says Fungus threatens banana and plantain trees

OECS says Fungus threatens banana and plantain trees

Fusarium wilt of bananas, commonly known as Panama disease, is a destructive soil borne fungus that poses a threat to the production of all banana and plantain crops. Fusarium Wilt Tropical Race 4 has reappeared and is now a priority pest threatening the region’s banana industry with serious economic, livelihood and food security repercussions. There […]

Increased Chance for Above-Normal Hurricane Season

Increased Chance for Above-Normal Hurricane Season

FLORIDA, United States – Forecasters at the United States’ National Oceanic and Atmospheric Administration (NOAA) say conditions are now more favourable for above-normal hurricane activity since El Nino has now ended. Seasonal forecasters with NOAA’s Climate Prediction Centre have increased the likelihood of an above-normal Atlantic hurricane season to 45 per cent (up from 30 […]

Bahamas govt stock to be listed on the securities exchange

Bahamas govt stock to be listed on the securities exchange

NASSAU, Bahamas — Beginning this month, Bahamas government registered stock will be listed on the Bahamas International Securities Exchange (BISX), the ministry of finance revealed, opening up the market on government bonds and allowing market forces to determine the daily value. This month, bonds will be listed on BISX, but the trading of government bonds […]

Jamaica allocate $15 million for drought relief

Jamaica allocate $15 million for drought relief

KINGSTON, Jamaica – The ministry of industry, commerce, agriculture, and fisheries, through the Rural Agricultural Development Authority (RADA), is spending $15 million to assist farmers affected by the ongoing drought. Portfolio Minister, Audley Shaw, said a proper assessment is being done to determine further assistance or interventions. In a statement to the House of Representatives […]

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