Premier: Sun Life’s Plan A “Confidence Boost”

December 19, 2014

Premier Michael Dunkley said he welcomed the news from Sun Life that it intends to expand jobs in Bermuda over the next few years, saying it has shown “incredible foresight”, and is a “confidence boost for Bermuda’s economy and workforce.”

Sun Life Financial International announced plans to “accelerate expansion in its Bermuda operation”, saying that they have plans to hire approximately 30 more people in the next few years.

During a meeting at the Cabinet Office yesterday, the Premier, along with Finance Minister Bob Richards, Education & Economic Development Minister Dr. Grant Gibbons and Home Affairs Minister Michael Fahy met with Andrew Darfoor, senior vice-president and CEO of Sun Life International, Dean Connor, president and CEO of Sun Life Financial and Daniel Fishbein, president of Sun Life Financial US, to discuss the firm’s ambitious workforce plans for the Island.

Premier Dunkley, Minister Gibbons, Minister Richards, Minister Fahy and Sun Life principal, Andrew Darfoor, Dean Connor and Daniel Fishbein.

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The Premier said, “Yesterday my Cabinet colleagues and I had the pleasure of meeting with the principal regional representatives of Sun Life, and we were extremely encouraged about their plans to expand jobs in Bermuda.

“Over the past two years, this Government has worked tirelessly to put critical elements in place aimed at turning around our economy and creating an environment that was conducive to growing business.

“In recent months and weeks there have been some very encouraging announcements relating to our economy, workforce and hotel development. So we are pleased that Sun Life has added to the growing list of positive initiatives.

“Their objectives to grow jobs and to invest in and train Bermudians is very welcome news, and we look forward to working with them to ensure their success.”

Video with Sun Life’s Andrew Darfoor and Daniel Fishbein:

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Comments (16)

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  1. js says:

    lose thousands of jobs in 2 years and no press conference

    maybe gain 30 jobs in 2 years time and have a press conference

    can anyone say photo op

    • aceboy says:

      You are kidding right. The thousands of jobs were lost by the PLP and the OBA are trying to get them back.

      Do you think that putting a few hampers in front of a Church for collecting food is worthy of a press conference? Your buddies do….anything for politics.

    • LiarLiar says:

      Where are your sources regarding the thousands of jobs lost in the last 2 years?

      According to the most recent labour survey, completed in the first 9 months of the OBA’s term, it indicates that the labor force fell by 621 jobs. And let me remind you that this was in September 2013 before any of their policies have taken hold. Just wait till the numerous large construction projects gets underway as well as teh implementation of the new work permit policies.

      When you get a chance can you please provide the source you used to state that thousands of jobs have been lost in the last 2 years?

      Thanks

      • Joe Cottereaux says:

        On the lost jobs questions. Do the math.

        BDA Government,
        QUARTERLY BULLETIN OF STATISTICS
        2nd Quarter 2014

        Table 18
        Total Employment by Major Occupations and Industry Groups

        2009 2010 2011 2012 2013
        39,520 38,097 37,399 35,443 34,277

        Loss -1,423 -698 -1,956 -1,166

        Total Losses -5,243

        • Triangle Drifter says:

          I forget….Who was the Government during the majority of that time period?

    • Runner says:

      Can you please provide details on the thousands of jobs lost in the last 2 years. Perhaps some hang-over from the previous government’s attitude toward those who “don’t look like them”?

    • Navin Johnson says:

      Seems like you are confused as the jobs went out under the previous Government as well as hundreds of Bermudians who left in an effort to survive…the PLP drove them all out… No reasonable person would deny the OBA has Bermuda back on the right path and I realize that is tough for some to accept …

    • Special Coffee says:

      Those thousands of jobs went under the PLP – cos they didn’t have a clue. They’re kinda quiet now – ain’t got nuthin to say.

  2. BTCHECKER says:

    More bad news from the OBA – there must be a catch.

    I know our rents go up from the increase in demand! We need the PLP back in power as soon as possible.

  3. Kangoocar says:

    What a difference from 2 yrs ago??? Two years ago, under the plp, IB companies were leaving BDA so fast, the airlines had trouble accommodating their departures, and let’s not forget the moving companies, they were extremely busy as well moving their belongings!!! Now under a sensible and welcoming OBA Government, they are returning and expanding!!! The future sure looks a lot brighter under the OBA!!!

  4. swing voter says:

    looks like the job creaters don’t look much like me ;-( well who the hell cares….JOBS JOBS JOBS!!!!!

  5. js says:

    hook line and sinker

    you all are too easy to rile up

    must be awful having such frayed nerves

  6. somuchless says:

    Trump, I wana hear from you? Lol

  7. bluebird says:

    10,000 work permits available where are the “BERMUDIANS”to fill these 10,000 jobs ??????