I used to go quite frequently to Trinidad on business. Calypso (I usually heard it called Kaiso there) is definitely still being created although Soca, Reggae and Ska(this is Jamaican in origin - not Trinidadian) is probably more popular. Especially as Carnaval approaches there are a lot of calypsonians who compose current event related songs. I was fortunate enough to have a friend down there who recorded some of the music from the tents for me. Trinidadians know that a lot of people think Calypso is Jamaican and resent it. They're very proud of their Kaiso tradition.