Loading the player…
Forefront
From Housing to Immigration Reform – Premier Ebanks on Government’s Early Moves
Premier Hon. André Ebanks says his government has made a strong start over the last four months, from housing and youth mental health to immigration reform and fair wages. On this episode of Forefront, he joins Tammi Sulliman to discuss the budget, jobs, financial services, and how his administration plans to balance growth with protecting Cayman’s identity and resources.
| 01:00:37
Cayman Compass
Cayman’s power firm marks 35 years on Toronto Stock Exchange
Cayman’s power company marked its 35th anniversary on the Toronto Stock Exchange (TSX) by opening the day’s trading on Wednesday.
Richard Hew, president and CEO of Caribbean Utilities Company, hit the button to sound the siren that signalled the start of business at the TSX on 10 Sept. Also on hand for the milestone as part of the Cayman contingent was board chair Sheree Ebanks.
CUC was the first Cayman Islands company to be listed on an international stock exchange. Hew spoke to Compass TV about why the utility company chose to go public back in 1990.
“We were seeing tremendous growth in Cayman and the private shareholders at the time needed to raise more capital to invest in the infrastructure to stay ahead of the electricity demand,” he said. “So they decided at that time to float the company on the Toronto Stock Exchange and sell a portion of the company to the to the wider market. It was an enabling moment for the company to g
