Think Tank Backs Job Makers Act
The BermudaFirst think tank today [Jan. 16] commended Premier Paula Cox [pictured] for the recently enacted Incentives for Job Makers Act.
BermudaFirst, an organisation made up of business sector and Government leaders, was founded in 2008 to promote collective responses to both opportunities and challenges faced by the local economy.
The endorsement comes just days after Association of Bermuda International Companies [ABIC]  chairman George Hutchings announced that business group’s support of the Premier’s initiative.
“Our message to all stakeholders has been consistent and clear,” BermudaFirst said today in a statement. ” We must embrace international business as the key contributor to Bermuda’s economy. We must review and more importantly, action changes to our policies relating to work permits, residency, landholding, tourism and foreign investment in light of the current climate and realities we are facing.
“It should now be clear to all stakeholders that we are no longer living and operating in a ‘business as usual’ environment. Our Government has some tough decisions ahead and Bermuda’s business, third sector and community at large must be bold enough to galvanise around the urgent decisions required to do what is best for Bermuda’s long-term regrowth, stability and prosperity.”
BermudaFirst said the Incentives for Job Makers Act is an example of taking action on an area where change is required.
“It is one of the many necessary and positive steps that will send the message that Bermuda is not only open for business, but truly welcomes those individuals and organisations who are committed to creating jobs and enhancing the economic stability of our country,” said the organisation. “There is power in consultation and collaboration. The future of our economy and the stability of our social system and way of life is at stake and dependent upon it.
“Premier Cox showed the courage to raise this matter for public debate and Parliamentary vote. Feedback was provided and integrated into the final legislation. There is more work to be done and the momentum of positive change must continue. Doing so will result in a stronger, more stable Bermuda for Bermudians.
The public/private, bipartisan forum is led by co-chairs Premier Cox; Opposition Leadar Craig Cannonier; ILS Limited chairman Don Kramer; Ernest & Young partner Gil Tucker and RenaissanceRe Holdings Ltd. partner Peter Durhager. Over 70 men and women representing all sectors of Bermuda are currently working together on BermudaFirst initiatives.
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Endorse us or those work perit applications of yours just could fall from a desk and into the trash…
“permit”
LMAO: Bob Richards -vs- Craig Cannonier
So Bob Richards says it won’t work, and Bermuda First just like everyone else said its great..
Who to believe, Bob Richards or everyone else? You can’t make this stuff up.
Bermuda First? Basically a bunch of PLP stooges and other assorted wannabes.
As for making this stuff, this PLP Government has been making stuff up since 1998 to justify their corrupt, contemptuous ways.
More accolades. Me thinks the Govt is doing something right!
Reversing their own policies shouldn’t be trotted out as some sort of victory for the PLP…all they did was cut the red tape they, themselves implemented in the first place…
But it is refreshing to see that some in the PLP are thinking with their heads rather than their hearts when making important decisions that will ultimately affect ALL Bermudians…
I wonder what the OBA thinks about the Incentives for Job Makers act. Actually do they have a stance on anything?
Sorry to disappoint you, but if you read the whole article you would see Craig Cannonier, who is the Leader of the Opposition, is the co-chair with Premier Cox.
I saw that – but I still wonder if there is an official OBA position.
The OBA, made a bad choice in electing Cannonier as their leader, he reminds me of Wayne Furbert,the grass looks greener on the other side,and he to will cross the floor…
Too little and too late. Key expat employers should have been offered residency years ago so they had a personal motive to remain in Bermuda. I will be very surprised if anyone besides a rarified few take up the $20,000 work permit exempt offer. What a deal…
I agree, the time to act was 5 years ago but there was a ‘cleansing’ agenda then and guess what, it worked, no more x-Pats, business, or money this country has been ruined and very few see us bouncing back to any decent level. Just look at the cruise ships pulling out of here, the veendam has been coming here forever and so has carnival but we give them no breaks, leave them stranded in Dockyard with no bus or taxi service and complain when they leave. It always amazes me the way people from overseas are treated here and yet when we go away we have massive expectations of how we should be treated
Job makers act, isnt that what Works and Engineering do when they have 4 guys asleep in the white trailer, 5 more sitting on the wall watching one guy work! And now all our cleaners have to leave Bermuda which leaves me wondering what would happen if the US and UK Governments said all Bermudians get out of our country by Friday, no more living off the taxpayers, no more benefits ,go home!…where would we be then?
What a slap in the face OBA lol……..continue to create your own bubble of doom and gloom!
There’s nothing fundamentally wrong with this, but it’s poorly drafted, too complex and expensive, too little and, most importantly TOO late.
In short, it’s typically amateur PLP.