“The hottest investment around . . .”
“Thousands of miles of paradise . . .”
“An island of profit . . .”
Canadian real estate developer Leisure Canada “confirms the “execution of surface rights” on the 34,000 square-meter ocean-front property of its Monte Barreto resort project in Havana’s Miramar district.” Meaning, of course, that said Canadian firm is now directly complicit in the usurption and theft of property, aided and abetted by the castro regime.
Cuba Watch has the details, along with contact information.
3 thoughts on “Cuba For Sale”
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I got to post this here because I can’t get a hold of you guys on e-mail. There’s a rap group within the island you guys should hear. They’re called “Hermanos de Causa” Their lyrics are enough to land them in jail for life in Cuba.
http://youtube.com/watch?v=l3bMuDlBBdM
http://youtube.com/watch?v=F_YY2eNN9fU
We should be selling these Canadians some high-rises in the Everglades.
Get back or get even.
“In fact, most Canadian firms that plan to invest in Cuba, such as Leisure Canada go to great lengths to ensure that none of the property they buy once belonged to Americans.”
Really? It’s the Cuban-American properties they’ve stolen they need to worry about! Comemierdas.
Read the whole article about Canadian businesses trafficking in stolen properties below:
“But doing business in Cuba is not all peaches and cream. One big potential pitfall is Title IV of the Helms-Burton law, which gives the U.S. administration leeway to ban executives and directors of companies that traffic in property nationalized by the Cuban government, from travelling in the U.S.
Title IV has been only rarely used in the past, including once against Canadian-based Sherritt Inc., the largest foreign investor in Cuba. But the Bush administration, anxious to keep the Cuban exile community in the crucial Florida battleground state happy in an election year, recently resumed enforcement of the provision. Although the restrictions the U.S. government is threatening are against a Jamaican firm –Superclubs,– Canadian execs did not miss the message.
In fact, most Canadian firms that plan to invest in Cuba, such as Leisure Canada go to great lengths to ensure that none of the property they buy once belonged to Americans.
Labatt executives are particularly vulnerable to the Helms Burton provisions due to the company’s use of the disputed Cristal brand, which commands an 80 per cent share of the Cuban beer market.
Labatt has extensive holdings and interests in the U.S. and complex negotiations surrounding Brazilian giant AmBev’s imminent acquisition of Labatt’s parent Interbrew, have raised the stakes even more.
Lawyers from Blanco Herrera Holdings have warned the Canadian brewery that use of the Cristal trademark could make it subject to sanctions under Helms-Burton’s Title III and IV provisions.
“We have an issue with Labatt. They are trafficking in stolen property,” said Manny Portuondo, a Ramon Blanco Herrera Holdings spokesman. “We will use the laws of the United States to enforce our interests.”
Labatt executives refused any comment on the Cristal trademark dispute. But the company’s actions speak louder than words. Like many investors in Cuba, Labatt’s Cuban holdings, business dealings and even its choice manufacturing facilities have been structured to insulate it from potential U.S. retaliation.”