Susan Jackson: ‘Govt Should Welcome Them’
The “government should be welcoming them with open arms” as “CC&L is a testament to Bermuda as a vote of confidence in our future” Shadow Transport Minister Susan Jackson said after it was announced that the Canadian company CC&L will purchase 49.9% of Skyport for $128.5 million.
Ms Jackson said, “When a prominent investment company recognizes the future potential for Bermuda’s new award-winning international airport, we should welcome their desire to help us build a better Bermuda. Connor, Clark and Lunn [CC&L] have done the research. They’re excited by the performance of the airport’s operations and are positive the airport has a bright future.
“The government should be welcoming them with open arms to build a better future for our island, with more flights to more places, and more tourists to our shores. The fact that the Government is critical just shows they did not have anything to do with securing this investment.
“Our airport is first rate. It was built without Bermuda having to borrow money and add further to the national debt. We should be proud of what Bermudians accomplished. Bermuda’s government should be working to build on the success of our new airport. We now have a strong foundation to attract more planes flying to more places.
“The success of our airport enables Bermudians to travel for work and play and help grow tourist arrivals to our island to boost our tourism industry, which needs all the support it can get.
“CC&L is a testament to Bermuda as a vote of confidence in our future. Bermuda is and remains a strong jurisdiction for investment.
“It’s great to see a prominent investment company wanting to invest in the future success of our airport. This is the kind of news Bermuda has been waiting for, foreign investment with confidence in our future prosperity.”
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This was in no way a good deal for Bermuda. Nothing about this airport deal was good for Bermuda.
Why not?
Why didn’t you post this comment on one of the articles about the South P giveaway deal?
how is the South P deal a giveaway deal? Yes they get concessions but the benefits far exceed the concessions. I firmly believe that some folks want this deal to fail simply because it will sink the OBA further.
And yet the PLP Finance Minister resigned over it.
yes he did, and he may have had his reasons. it doesnt mean his reasons are the only sound ones though.
Oh yes. I’d much rather believe someone whose business experience amounts to a home-made swizzle enterprise, using old Goslings bottles.
Keep the lie alive.
I just love this.
MP Jackson forgets previous OBA comments that investors are wary about investing in Bermuda or there is a lack of investor confidence in Bermuda.
Is she following her leader’s example with payroll tax and sitting on the fence, as one MP said on Tuesday??
She needs to be careful about splinters.
She’s right. Anything that involves the government is risky…this doesn’t, so it isn’t.
She doesn’t even realize that she gave the government a compliment!
Hardly. The point is, the government is impotent with regards to the airport. And they know it. And it’s awesome.
Tears of impotent rage from Bitcoin Dave.
Bermuda does not OWN the airport anymore!!!! Bermuda does not make ANY $$$$$$ from this airport, technically it’s a Canadian airport operating in Bermuda.
Partially true. It is, like many airports worldwide, operated by a private company.
Partially true. It is, like many airports worldwide, operated by a private company.