CPA Canada hosted its first pan – regional webinar on July 9, 2020 with a focus on navigating the COVID-19 crisis in the Caribbean. The session focused on the financial impacts of COVID across the region, including the changes and reforms necessary to successfully emerge from the pandemic.
“To present this free member event, CPA Canada worked closely with our chapter advisory councils in the Cayman Islands, Trinidad and Tobago, and Barbados and extended the invite to Canadian CPAs across the region,” said Tashia Batstone, Senior Vice President, External Relations and Business Development, CPA Canada. “These are not normal times and Canadian CPAs are actively looking for advice and insight to better support business resiliency and sustainability in response to the economic challenges resulting from the COVID-19 pandemic.”
Marla Dukharan, who is widely recognized as a leading economist and thought leader in the Caribbean, led the session. Dukharan is well known for her insightful and frequent analysis on the regional implications of international events.
“As business professionals, we all have a role to play in helping the Caribbean achieve a more prosperous and sustainable future,” said Dukharan. “It is important that we look to shape proposals, create opportunities, innovate and diversify, so we can put the region on a more sustainable socioeconomic trajectory.
During the webinar, Dukharan cited reinvigorating old sectors in new ways and diversifying into new sectors such as climate-adaptive construction, renewable energy and technology among strategies for business survival this year.
“Working with other Caribbean-based CPA Canada advisory councils has been a pleasure and a revelation,” said Karen Watson, Chair of the Cayman Islands Chapter Advisory Council. “We have so much in common and shared interests in helping the region and our profession evolve and grow. I predict this is just the first of many joint efforts in the future.”
In total, over 260 CPAs from across the Caribbean registered to take part in the webinar.