REDUNDANCY PACKAGE Shane Dalling, managing director of Caymanas Track Limited, revealed yesterday that the company will conduct winding up operations from a new location after the racing complex is handed over to the new company, Supreme Ventures Racing and Entertainment, next Tuesday. Speaking at a press briefing in the Trainers’ Room at Caymanas Park yesterday, Dalling said that CTL, would be relocated to 78 Hagley Park Road, Kingston, inside the Betting, Gaming and Lotteries building. “We owe millions of dollars to our creditors, entities like the security company and the utility companies. We, in turn, are owed millions by the Off Track Betting parlours and bookmakers. In order to tidy up our finances, these monies will have to be collected as SVL did not buy the liabilities of CTL under the lease agreement,” he explained. Meanwhile, Dalling further disclosed that outstanding purse money from January 25 owed to the stakeholders would be paid by CTL, in conjunction with long-time partners ISP Finance Services, as soon as they are cleared by the Jamaica Racing Commission. He also said that the payment of the $200 million redundancy package set aside for the 370 workers of CTL would be made on Monday. “The cheques are ready and these will be distributed among the workers on Monday morning,” he said. A spokesman for SVL Racing and Entertainment disclosed on Wednesday that in order to ensure a smooth transition, most workers would be kept on to ensure a smooth transition. An evaluation of each worker will be made over the next three months to decide who will be kept on. Dalling believes that between 80 and 90 per cent of the workforce will be retained. Simulcast racing will be suspended on March 6 and 7. Unclaimed winnings will be held by CTL for another 90 days before these will be ineligible for cashing and handed over to the BGLC in accordance with the rules and regulations. Meanwhile, a meeting has been scheduled between SVL Racing and Entertainment and the stakeholders at the Spanish Court Hotel, New Kingston, today. – O.C.
Both will invest $20,000 each toward EVA B.C.’s 15 – 20 minute training video focused on workers involved in resource extraction that will be used in training employees to help create supportive and healthy work environments.The video will target new employees in these resource sectors, focussing on identifying risks and responding appropriately to violence against women.“This video is a direct result of our involvement as a founding partner in the Be More Than a Bystander program, which is designed to teach people to speak out about violence against women,” Vice-President of Government Relations Canada for Encana, Richard Dunn said. “Taking this same message into our field operations aligns with our commitment to ensuring a safe, respectful workplace and is a proactive step to address this difficult issue which exists in every community.”- Advertisement -EVA B.C. has a number of initiatives underway to help end violence against women and they will also produce material relating to violence against women for new employees to be included in training and orientation packages as part of their new Domestic Violence in the Workplace training program.The Provincial Office of Domestic Violence was created in March 2012 as the permanent lead for the B.C. government, focused on strengthening the services and supports available for children, women and families affected by domestic violenceProduction of the video will commence this summer.Advertisement