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Canada: A $39M boost for Caribbean resilience and economic growth

Source(s):  European Commission (EC)

Canadian Prime Minster Stephen Harper pledged additional support for two Caribbean development programs as part of Canada’s 12-year, $600 million commitment to the region. The funds will be allocated over five years to existing projects under the Canadian International Development Agency’s Caribbean Program, according to a press release.

The Promotion of Regional Opportunities for Produce through Enterprises and Linkages project, through the Canadian Hunger Foundation, will receive $19 million. PROPEL’s goal is to enable farmers to increase the quality and quantity of locally grown produce and improve buyer relations and financing options. The agricultural project aims to contribute to the region’s economic growth by increased income and employment, initially focusing on Jamaica, Trinidad and Tobago, St. Lucia, Grenada, St. Vincent and the Grenadines, Dominica, Barbados and Guyana.

The remaining $20 million will go to the Community Disaster Risk Reduction initiative. As implementing partner, the Caribbean Development Bank will carry out demonstration projects in high-risk communities in the region. The project aims to determine area-specific needs for preventive measures and enhance community-level resilience by training government officials, local leaders and community workers.



 
 
  • Publication date 24 Oct 2012

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