A top banking institution, which opened a new branch in Portsmouth recently, has been asked by the prime minister to support preschoolers in the north of the island.
Speaking at the opening of Scotia Bank’s new branch, Prime Minister Roosevelt Skerrit called on the bank to lend a hand to parents who face challenges in enrolling their children into early childhood education institutions.
“Now that you’re here in the north, we have quite a number of preschools in the area. I am a very strong supporter of preschools, early childhood education…. We want to ensure that every child of preschool age can attend school,” he said.
“It is a challenge for some parents sometimes to get the children into preschools and I believe that it would be a tremendous benefit to Scotia Bank that it would partner with preschools. You would make a tremendous difference in the future of Dominica,” he stated.
Labour party needed the people of DOMINICA to put them in power once they got in they laughed at them because they used the one thing that they knew the folks would not turned down and that was money so they used it to greased their way to victory, what have they done or got in returned nothing employment was never created things never improved instead things are getting real bad for them they are still begging for hand out I do believe it is time my people take off the monkey off their backs, PM have $27K to build a Palace and what happened to the money from the red clinic was it just for the election and to get them in power well the election is over now all they have done is shunned our people of the ISLAND.
The PM use to be a teacher yet he seems not to be moved how sad..
I am not an economist. However, to be fair and just, while this is a good suggestion, I do think that the bank will laugh at it in that, Scotia Bank is Canadian-owned. Its Head and/or Regional Office will have to approve of it.
If Scotia Bank assists in pre-school education, it will not be done for free. This applies to all banks/financial institutions. They do nothing for nothing. They are in the business for capital gains and not losses. There must be something in it for them as tax-free to retrieve their costs.
Should Scotia Bank offer a grant, it will expect an incentive from the government.
Those who donate funds toward any enterprise will consider them expenditures and claim them as tax refunds.
Will the Dominica government agree to this or Scotia Bank’s Head Office and the Canadian government? The latter probably would not be possible without some sort of incentive to Scotia Bank. This is worth a thought.
So is Government that must pay for everything? Scotiabank need to show some sense of social responsibilty too, You people ar ejust so politically minded. SMDH
This is a good suggestion from the PM.
Asking banks to support earlychildhood education and building a 27 million dollar palace for a presidential residence. SB tell skeriit to go to hell!
but I thought is he that does pay it for those parents….wah happen..he want scotia to open a red clinic man?…lol
If Mr.Skerrit’s such a strong supporter of pre-school education,instead of putting $250 monthly in the hands of so many unqualified non-productive people,why can’t he assist the pre-schools in his constituency that are almost defunct.