Currency Reform, Wages, and the New Entrepreneurs of Cuba
Cuba Business Report met recently with His Excellency, Julio Garmendía Peña, Ambassador of Cuba to Canada, for an in-depth interview in three parts to discuss a wide variety of topics ranging from currency unification, wages, Canada and Cuba, Quebec in Cuba, the economy, foreign investment, and the question on everybody’s mind: Trump.
Part One of this interview focuses on a discussion of currency reform, wages and the new entrepreneurs in Cuba.
Our interview with Ambassador Garmendía is archived and no longer available on Cuba Business Report. It can be found in an upcoming a book on Cuba.

T.K. Hernández is co-founder and editor at Cuba Business Report. Her work has been published in various online news media. Hernández has supported fundraising for Cuba’s hurricane disaster relief campaigns and delivers medical supplies through the Not Just Tourists organization. She is a member of the Canadian Network on Cuba, The Writers Union of Canada, and ACES International Alliance of Editors. Ms. Hernández is the author of four books; most recently, “Sin título: The Art of Osmany Betancourt Falcón (Lolo) 2025.




