Canada to celebrate Global Entrepreneurship Week 2019

Canada to celebrate Global Entrepreneurship Week 2019

More than  25 Canadian organizations  have come together to sponsor Global Entrepreneurship Week (GEW) Canada 2019 – November  18-25 – and to “connect and celebrate ” business leaders and their contributions to economic growth and job creation. Apart from the official sponsors of GEW Canada  2019, several GEW partners and organizations will host events in […]

Caribbean banks looking closely at ‘sou-sou’ savings

Caribbean banks looking closely at ‘sou-sou’ savings

ST GEORGE’S, Grenada – The Financial Intelligence Unit (FIU) says as part of its efforts to combat financial corruption and money laundering, anyone now depositing funds into financial institutions achieved through the traditional form of savings, known as “sou-sou,” will now have to meet certain guidelines. Sou-sou is a form of saving in which several […]

Grenada first to sign order for Republic Bank takeover of Scotiabank

Grenada first to sign order for Republic Bank takeover of Scotiabank

ST GEORGE’S, Grenada – Prime Minister and Minister of Finance Keith Mitchell has become the first regional leader to sign the vesting order to allow Trinidad-based Republic Bank Financial Holdings Limited to take over the Bank of Nova Scotia operations. The planned acquisition was first announced in 2018 and in September this year, the Eastern […]

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 […]

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