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Leisure Canada now a defunct Cuba real estate development brand

Posted in Cuba Business > Cuba-Canada Trade

Rob Sequin | Havana Journal Going back to the mid 1990s, Leisure Canada, proclaimed to be the “leading real estate developer” in Cuba boasting about the development of luxury resorts in Cuba, with multiple properties under development, including five-star hotels and championship golf courses.… Read More

Ripper Oil and Gas agrees to buy Cuba real estate developer Havana Resorts

Posted in Cuba Business > Cuba-Canada Trade

Press Release RIPPER OIL AND GAS INC. (TSX VENTURE:RYP.H) (“Ripper” or the “Company”) is pleased to announce that it has entered into a letter of intent (the “LOI”) accepted February 18, 2013, pursuant to which the Company has agreed to acquire all of the issued and… Read More

Leisure Canada seeks financing for Cuba hotel projects… again

Posted in Cuba Business > Cuba-Canada Trade

Leisure Canada Inc. (TSX VENTURE:LCN) announced today that it has retained Dundee Securities Corporation (“Dundee Securities”) as its exclusive financial advisor as it implements plans to construct three 5-star resort hotel and vacation complexes in Cuba. Dundee Securities will advise on… Read More

Panel discussion - US re-engagement with Cuba and what it means for Canada

Posted in Cuba Business > Cuba-Canada Trade

Luncheon panel discussion hosted by Canadian Council for the Americas and the Canadian International Council Sponsored by Sherritt How soon till we get there? US re-engagement with Cuba and what it means for Canada Date: May 6th, 2009 Time: 11:45 a.m. - 1:30 p.m. Place: The University Club of Toronto… Read More

Cuban government prematurely terminates Pebercan oil production contract

Posted in Cuba Business > Cuba-Canada Trade

PEBERCAN INC. (The “Company”), (TSX: PBC) Pebercan announces that Cuban authorities, through Cubapetroleo S.A. («Cupet»), have notified its subsidiary Peberco Limited that Cupet wishes to prematurely terminate the production sharing contract, entered into in 1993 and scheduled to expire… Read More

Pebercan Cuban oil production and earnings report for third quarter 2008

Posted in Cuba Business > Cuba-Canada Trade

PEBERCAN INC. (the “Company”), (TSX: PBC) today unveiled its results for the third quarter ended September 30, 2008. All amounts are in U.S. dollars. Highlights: Q3 2008 versus Q3 2007   * Revenues up 32.3% to $38,696,000   * Block 7 total production: 1,678,548 barrels (18,245 bbl/d)… Read More

Cuba unable to pay debt to Pebercan for oil purchases, second well considered

Posted in Cuba Business > Cuba-Canada Trade

Pebercan press release PEBERCAN INC. (The “Company”), (TSX: PBC) - Given the difficult economic situation and the general context of increases in the cost of raw materials and food staples, Cupet has been unable to make April and May 2008 payments, as provided for in the November 2007 agreement… Read More

Canadian and US business opportunities in a post Embargo Cuba

Posted in Cuba Business > Cuba-Canada Trade

By Konrad Yakabuski | Globe and Mail If Communist Cuba is open for business - as its seems like never before to be under new president Raul Castro - then Canadian companies should be the first through the door, right? After all, Pierre Trudeau became the first leader of a NATO country to visit the communist… Read More

Dubai’s Profile Group agrees to take major stake in Leisure Canada

Posted in Cuba Business > Cuba-Canada Trade

PRESS RELEASE Vancouver Canada – Leisure Canada (the “Company” or “LCI”) is pleased to announce that the Board of Directors has approved the signing of a conditional agreement with Profile Investments LLC (“Profile”) pursuant to which Profile and persons associated therewith will acquire… Read More

Cuban purchasing agency Alimport buying Canadian foods over US foods

Posted in Cuba Business > Cuba-Canada Trade

Cuba signed a contract with the Canadian Wheat Board on Tuesday to buy 150,000 tonnes of wheat, a sign that Canada’s food sales are recovering at the expense of U.S. exporters. The president of the Cuban food import agency Alimport, Pedro Alvarez, said the wheat purchase for delivery next year… Read More

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