CARICOM welcomes Canada’s $24.1M funding for regional development

The Caribbean Community (CARICOM) has welcomed Canada’s commitment of CAD$24.1 million (US$16.6 million) to support social action, women’s empowerment, human rights, and security across the region, including Haiti.

In a statement on Monday, the Guyana-based CARICOM Secretariat highlighted the announcement by Canada’s Minister of International Development, Ahmed Hussen, and noted that it builds on a previous CAD$38 million (US$26.2 million) pledge made during the CARICOM Summit in Barbados earlier this year. That funding supports biodiversity governance, gender equality, post-Hurricane Beryl recovery, and reproductive education.

The latest funding underscores Canada’s ongoing commitment to strengthening development initiatives in the Caribbean, particularly as the region faces growing economic and security challenges. Haiti, in particular, continues to grapple with political instability, gang violence, and humanitarian crises, making international support critical.

Canada has been a key development partner for CARICOM, providing assistance in areas such as disaster resilience, economic growth, climate adaptation, and governance reform. The country has also been actively involved in regional security efforts, particularly in addressing illicit arms trafficking and transnational crime—issues that have significantly impacted several Caribbean nations.

CARICOM praised Canada’s long-standing commitment to the region, emphasizing shared values of democracy, human rights, and a rules-based international order. The regional body reaffirmed its dedication to deepening its strategic partnership with Canada in areas such as foreign policy, trade, security, and climate change.

- Advertisement -

This latest investment is expected to enhance regional stability and economic opportunities, particularly for vulnerable communities, as CARICOM and Canada continue to collaborate on key development initiatives.

More Stories

Church’s Texas Chicken

Church’s Texas Chicken to open first Jamaica location in 2025

Global fast-food chain Church’s Texas Chicken is set to enter the Jamaican market with the opening of its first restaurant at Mall Plaza on...
Maxine Hinds and team

JN Money’s Maxine Hinds keeping Jamaicans and their US families connected

For nearly two decades, Maxine Hinds has played a pivotal role in connecting Jamaicans in the United States with their families back home. As...
Guyana signs MOU with UK company for new health record system

Guyana signs agreement to implement Electronic Health Record system

Guyana has signed a multi-million-dollar agreement with UK-based RioMed Limited to develop and implement a new Electronic Health Record (EHR) system, aiming to modernize...
Suriname Joins World Bank's International Development Association as Newest Member

Local World Bank employees in Jamaica now exempt from income tax

In a move that reinforces Jamaica’s relationship with the World Bank, the Senate passed legislation on March 14 exempting locally recruited World Bank employees...
Director General of the International Renewable Energy Agency (IRENA)

IRENA wants Caribbean countries to move quickly towards renewable energy

Francesco La Camera, Director General of the International Renewable Energy Agency (IRENA), has urged Caribbean small island developing states (SIDS) to accelerate their transition...
ExxonMobil Guyana oil

ExxonMobil unveils major gas project in Guyana

A consortium led by U.S. energy giant ExxonMobil has announced plans for its eighth energy project in Guyana, a large-scale gas development expected to...
Carib Cement

Carib Cement explores durable concrete roads for Jamaica’s rural areas

Carib Cement Company is evaluating the implementation of its Unicapa Concrete Solution in Jamaica as part of a pilot programme aimed at improving rural...
eGov Technology Showcase

Jamaica advances digital transformation at eGov Technology Showcase

The future of Jamaica’s digital transformation took center stage at yesterday’s eGov Jamaica Limited GOJ Digital Government Technology Showcase at the Jamaica Pegasus. The event,...
imf

IMF highlights St. Lucia’s strong economic performance

The International Monetary Fund (IMF) has commended St. Lucia’s economic recovery, citing strong growth in tourism, construction, and manufacturing. In its 2024 Article IV consultation,...
Jamaican gov’t slashes import bond for new-car dealers

Jamaican gov’t slashes import bond for new-car dealers

In a move aimed at stimulating economic growth and easing financial strain on auto dealers, the Jamaican government has slashed the bond on duties...

Latest Articles

Skip to content