cane farmers

Judge advises ex-cane farmers: File class action suit for $103m compensation

A High Court judge has be­gun to man­age the cas­es of over 2,300 for­mer pri­vate sug­ar cane farm­ers who are claim­ing that they are still owed a to­tal of $103 mil­lion un­der a com­pen­sa­tion scheme for tran­si­tion­ing out of the sug­ar in­dus­try.

Jus­tice James Aboud com­menced the te­dious process as scores of the cas­es came up for hear­ing be­fore him at the Hall of Jus­tice in Port-of-Spain yes­ter­day.

Government pays $57.9 million to former Caroni cane farmers today

Cane farmers will receive a cheque of just under $58 million dollars from the government today, as part of the compensation package for the closure of Caroni (1975) Limited.

The cheque will be handed over by Minister of Planning and Development, Camille Robinson-Regis to the Cane Farmers' Association.

Cabinet, in a meeting on July 28th, 2016 agreed to pay the cane farmers the sum of $57,965,675.00 for Tranches II and III of the compensation package as a final settlement of the 2007 transitional payment.  

Cane farmers reject $57.9 million pay-out; demand $103 million

Trinidad Guardian: Cane farmers are rejecting Government's promise to pay $57.9 million as final payment of the outstanding two tranches of a grant by European Union as compensation following the closure of Caroni (1975) Limited several years ago.

So said attorney Gerald Ramdeen, who is representing the former cane farmers in the matter.

An announcement of the payment was made yesterday by the Planning and Development Ministry.

Cabinet yesterday approved the payment of more than $57.9 million, which represented the remaining two tranches of the payments.