On Tuesday August 21st 2012, the Government of St. Lucia unveiled its Construction Stimulus Package to the media and a select group of individuals representing various organizations. The Association of Professional Engineers received an invitation the day before ( much to the chagrin of some members) and I attended in my capacity as Vice President. There were some interesting statements made in the addresses that were presented, which can be summarized as follows: a. Government of St. Lucia is foregoing an estimated $ 45 million dollars in revenue for the Construction Stimulus Programme b. Bank of St Lucia has set aside $ 100 million for the initiative, with a 5% for 5 yrs and graduating increases to market rates to year 10. c. CIBC/FCIB has set aside $ 135 million for the initiative, with a 5.9% for 5 years d. The Bar Association has reduced their fees by 30% for related transactions...